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3212 Preston Dr Midland, TX $ 1,140,000
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$ 1,140,000 Get more info
3212 Preston Dr
$ 1,140,000
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3212 Preston Dr

Midland, TX, 79707
$ 1,140,000
Bedrooms-- Baths-- Sq 16,210
3212 Preston Dr, Midland, TX 79707 - Image 1
3212 Preston Dr, Midland, TX 79707 - Image 2
3212 Preston Dr, Midland, TX 79707 - Image 3
3212 Preston Dr, Midland, TX 79707 - Image 4

Property for Rent in Midland, TX

for $1,140,000. This 16,210 square foot property was built in 1982 on a lot size of 0.947.

PROFITABLE INVESTOR PORTFOLIO INCLUDING THE SALE OF 4 HOMES ON PRESTON DR! HOMES ARE CURRENTLY BEING LEASED WITH 90% OCCUPANCY. THE ENTIRE PORTFOLIO OF 19 TOTAL HOMES IS BEING SOLD, INCLUDING THE BREAKDOWN SMALLER INVESTOR PACKAGES LISTED SEPARATELY. CURRENT INCOME ON PRESTON HOMES IS $6,500/MONTH IN TENANT LEASES.

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Rental Active

Price

$ 1,140,000

Taxes

$ 3,313

Style

Commercial

Lot Size

0.947

Year Built

1982

Town/City

Midland

County/Region

Midland

MLS | Web ID

50079499
Features
Interior
Interior Amenities Ceiling Height: Less than 20 ft
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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General
Sewer Public Sewer
Heating Central Natural Gas
Cooling Electric
Utilities Electricity Connected Sewer Connected Water Connected Natural Gas Available Underground Utilities
Construction Materials Brick
Exclusions MINERALS
Year Built 1982
Tenant Pays Electricity Gas Water
Levels Two
Property Subtype Commercial
Parcel Number R000056496
County Midland
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Subdivision Name Wydewood Estates
Garage Y/N N
Status Active
City Midland
MLS Area MC5
Lot Size Units Square Feet
Lot Size Square Feet 41251.32
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3313.14
Showing Instructions Call Listing Office
Rent Control Y/N N
Building Area Units Square Feet
Lease Type RESIDENTIAL
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Legal Description SEE AGENT REMARKS.
Freehold BBO IDX
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Exterior
Fencing Fenced Other
Parking Features Covered
Lot Features Landscaped
Water Source Public
Lot Size Area 41251.32
Foundation Details Slab
Spa N
Building Area Total 16210
Lot Size Acres 0.947
Road Surface Type Paved
Road Frontage Type City Street Alley Sidewalks
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
The Agency Kerri Payne James Real Estate Team

Broker

(432) 553-7443

Phone

Nearby
1795957 Elementary School
1795677 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
12/8/2025$1,140,000 -35.23% Price Down
7/18/2025$1,760,000 -30.30% Price Down
1/21/2025$2,525,000 Listed Price

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3212 Preston Dr, Midland, TX, 79707 is a Property for Rent at $1,140,000 with 16,210 sqft and a lot size of 0.947. 3212 Preston Dr was built in 1982. The property's zip code is 79707 which is in Midland, TX

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