?? FOR SALE – MIDLAND, TX
?? 501 W. Scharbauer Dr., Unit 8 | Midland, TX
?? Asking Price: $75,000
Affordable Homeownership or Investment Opportunity!
Looking for an affordable property in Midland with plenty of potential? This condominium offers a great opportunity for first-time buyers, investors, or anyone looking to create a space of their own.
Located in an established Midland neighborhood, this property offers the convenience of city living without the hefty price tag.
? Property Highlights:
* Affordable $75,000 asking price
* Established Midland location
* Great opportunity for investors or buyers looking for a renovation project
* Potential for a personal residence or rental investment
* Located within the Scharbauer Townhome Association
* Property being sold AS-IS
Whether you’re looking to invest, renovate, or purchase an affordable home, this property offers an opportunity to make it your own.
Serious inquiries welcome! Private showings available by appointment.
?? Message me directly for additional information, photos, or to schedule a walkthrough.
Offered at $75,000
For sale by owner
$75,000
501 W Scharbauer Dr APT 8, Midland, TX 79705
2beds
996sqft
Condo
Built in 1963
-- sqft lot
$-- Zestimate®
$75/sqft
$420/mo HOA
Overview
What the owner loves about this home
It is quite and overlooks a beautiful pool
- 1 day
- 65
- 2
Listed by:
Property Owner (432) 889-3493
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Has fireplace: No
Interior area
- Total interior livable area: 996 sqft
Property
Parking
- Parking features: Carport
Details
- Parcel number: 000819500000080
Construction
Type & style
- Home type: Condo
Condition
- New construction: No
- Year built: 1963
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $420 monthly
Location
- Region: Midland
Financial & listing details
- Price per square foot: $75/sqft
- Tax assessed value: $119,580
- Annual tax amount: $1,754
- Date on market: 11/5/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,431/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2026 | Listed for sale | $75,000-24.6%$75/sqft |
Source: Owner Report a problem | ||
| 8/17/2026 | Listing removed | $99,500$100/sqft |
Source: | ||
| 4/16/2026 | Price change | $99,500-9.5%$100/sqft |
Source: | ||
| 2/27/2026 | Listed for sale | $110,000+29.4%$110/sqft |
Source: | ||
| 3/12/2024 | Listing removed | -- |
Source: | ||
| 3/4/2024 | Contingent | $85,000$85/sqft |
Source: | ||
| 8/5/2023 | Listed for sale | $85,000$85/sqft |
Source: | ||
| 8/2/2023 | Listing removed | -- |
Source: | ||
| 4/17/2023 | Listed for sale | $85,000-5.6%$85/sqft |
Source: | ||
| 4/13/2023 | Listing removed | -- |
Source: | ||
| 3/5/2023 | Price change | $90,000-5.3%$90/sqft |
Source: | ||
| 11/29/2022 | Price change | $95,000-5%$95/sqft |
Source: | ||
| 11/7/2022 | Price change | $100,000-4.8%$100/sqft |
Source: | ||
| 10/18/2022 | Price change | $105,000-4.5%$105/sqft |
Source: | ||
| 9/15/2022 | Listed for sale | $110,000+10%$110/sqft |
Source: | ||
| 9/7/2021 | Listing removed | -- |
Source: | ||
| 7/6/2021 | Contingent | $100,000-4.8%$100/sqft |
Source: | ||
| 6/9/2021 | Listed for sale | $105,000+5%$105/sqft |
Source: | ||
| 6/7/2021 | Listing removed | -- |
Source: | ||
| 4/23/2021 | Contingent | $100,000$100/sqft |
Source: | ||
| 4/20/2021 | Listed for sale | $100,000+17.6%$100/sqft |
Source: | ||
| 5/7/2017 | Listing removed | $85,000$85/sqft |
Source: Midland #50005505 Report a problem | ||
| 5/6/2017 | Pending sale | $85,000$85/sqft |
Source: Midland #50005505 Report a problem | ||
| 5/4/2017 | Listed for sale | $85,000$85/sqft |
Source: Midland #50005505 Report a problem | ||
| 4/28/2017 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,754 -5.5% | $119,580 -2.1% |
| 2024 | $1,855 +2% | $122,170 +0.6% |
| 2023 | $1,820 +27.1% | $121,420 +8.4% |
| 2022 | $1,432 +15.1% | $112,060 -0.1% |
| 2021 | $1,243 | $112,200 +19.4% |
| 2020 | $1,243 -23.6% | $93,950 |
| 2019 | $1,628 | $93,950 +2.6% |
| 2018 | $1,628 | $91,530 -3% |
| 2017 | -- | $94,400 +7.9% |
| 2016 | -- | $87,500 |
| 2015 | -- | $87,500 +24.2% |
| 2014 | -- | $70,430 +5.9% |
| 2013 | -- | $66,520 +20% |
| 2012 | -- | $55,440 +76.9% |
| 2011 | -- | $31,340 +0.2% |
| 2010 | -- | $31,290 |
| 2009 | -- | $31,290 -0.8% |
| 2008 | -- | $31,530 +13% |
| 2007 | -- | $27,900 +53.9% |
| 2006 | $482 | $18,130 |
| 2005 | -- | $18,130 |
| 2004 | -- | $18,130 |
Find assessor info on the county website
Monthly payment
Est. payment






