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3205 Elma Dr Midland, TX $ 1,405,000
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$ 1,405,000 Get more info
3205 Elma Dr
$ 1,405,000
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3205 Elma Dr

Midland, TX, 79707
$ 1,405,000
Baths0.0 Sq 8,371

Monthly Estimate*

$ 9,814

3205 Elma Dr, Midland, TX 79707 - Image 1
3205 Elma Dr, Midland, TX 79707 - Image 2
3205 Elma Dr, Midland, TX 79707 - Image 3
3205 Elma Dr, Midland, TX 79707 - Image 4
Studio

Commercial Property for sale in Midland, TX

for $1,405,000. This 8,371 square foot building was built in 1982 on a lot size of 0.325.

PROFITABLE INVESTOR PORTFOLIO INCLUDING THE SALE OF 5 HOMES ON ELMA DR! ALL HOMES ARE CURRENTLY BEING LEASED WITH 100% OCCUPANCY. THE ENTIRE PORTFOLIO OF 94 TOTAL HOMES IS BEING SOLD, INCLUDING THE BREAKDOWN 14 SMALLER INVESTOR PACKAGES LISTED SEPARATELY. CURRENT INCOME ON ELMA HOMES IS $8,100/MONTH IN TENANT LEASES.

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Commercial Active

Price

$ 1,405,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial

Lot Size

0.325

Year Built

1982

Town/City

Midland

County/Region

Midland

MLS | Web ID

50069822
Features
General
Road Frontage City Street Alley Sidewalks
Heating Central Gas
Cooling Electric
Ceiling Height Less than 20 ft
Roof Composition
Parking Covered Parking
Year Built 1982
Subdivision Wydewood Estates
Stories Two
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Exterior
Road Surface Paved
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* Excluded Features
List By
The Agency Kerri Payne James Real Estate Team

Broker

(432) 553-7443

Phone

Affordability Calculator

$9,814
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,814
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1795957 Elementary School
1795677 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/12/2024$1,405,000 Listed Price

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3205 Elma Dr, Midland, TX, 79707 is a Commercial Property for sale at $1,405,000 with 8,371 sqft and a lot size of 0.325. 3205 Elma Dr is a studio with 0.0 baths and was built in 1982. The property's zip code is 79707 which is in Midland, TX

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