FOR SALE – Turnkey Investment Property
ASSUMABLE 5.5% MORTGAGE (Qualified buyers only)
6912 Expedition Drive, Midland, TX 79707
Investor Opportunity – Tenant in Place Through Next Year!
Skip the vacancy and start collecting rental income from day one.
This newer 4-bedroom, 2-bath home is currently leased to a reliable tenant, and the lease transfers to the new owner at closing. The property is approximately 1,837 sq. ft. and was built in 2024
4 Bedrooms
2 Bathrooms
Approx. 1,837 sq. ft.
Built in 2024
Modern open-concept floor plan
Desirable Northwest Midland location near Hwy 191
Tenant already in place
Immediate rental income
Buyer assumes current lease
Positive cash flow from day one
Currently generating approximately $200/month positive cash flow (rent exceeds mortgage by about $200).
Excellent opportunity for a first-time investor or someone looking to expand their rental portfolio.
Serious investors only. Lease details and financial information available upon request.
I would also recommend adding:
Current monthly rent: $3000
Lease expiration date: May 2027
For sale by owner
Price cut: $5.9K (8/24)
$379,000
6912 Expedition Dr, Midland, TX 79707
4beds
1,837sqft
SingleFamily
Built in 2024
6,969 Square Feet Lot
$-- Zestimate®
$206/sqft
$33/mo HOA
What's special
Modern open-concept floor plan
- 131 days
- 173
- 11
Listed by:
Property Owner (361) 549-5368
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Gas
Cooling
- Central
Interior area
- Total interior livable area: 1,837 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Brick
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 000652500020070
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Shake / Shingle
Condition
- New construction: No
- Year built: 2024
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $33 monthly
Location
- Region: Midland
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $371,320
- Annual tax amount: $5,446
- Date on market: 6/30/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,096/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2026 | Price change | $3,100-3.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/2/2026 | Listed for rent | $3,200+6.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/24/2026 | Price change | $379,000-1.5%$206/sqft |
Source: Owner Report a problem | ||
| 8/3/2026 | Price change | $384,900-1.3%$210/sqft |
Source: Owner Report a problem | ||
| 7/23/2026 | Price change | $389,900-1.3%$212/sqft |
Source: Owner Report a problem | ||
| 6/30/2026 | Listed for sale | $395,000+1%$215/sqft |
Source: Owner Report a problem | ||
| 4/6/2025 | Listing removed | $391,000$213/sqft |
Source: | ||
| 3/29/2025 | Listed for sale | $391,000$213/sqft |
Source: | ||
| 3/27/2025 | Listing removed | $391,000$213/sqft |
Source: | ||
| 3/18/2025 | Listing removed | $3,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/12/2025 | Listed for sale | $391,000+4.2%$213/sqft |
Source: | ||
| 2/3/2025 | Price change | $3,000-6.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/23/2025 | Price change | $3,200-1.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/4/2025 | Price change | $3,250-1.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/28/2024 | Price change | $3,300-2.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/11/2024 | Price change | $3,400-2.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/1/2024 | Listed for rent | $3,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/7/2024 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 3/28/2024 | Listed for sale | $375,290$204/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,446 +705.6% | $371,320 +358.2% |
| 2024 | $676 | $81,040 |
Find assessor info on the county website
Monthly payment
Est. payment





