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    1501 Bedford Dr Midland, TX 79701

    New
    For Sale
    $549,000

    Individual Lot - Midland, TX

    Lot size:
    0.44 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 10 at 10:06 am

    Property Features for 1501 Bedford Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Lot size
    0.44 Acres

    Building Details

    Architectural style
    Other

    Brix & Co Realty (432) 770-5297

    Listing agent Thomas Favrot (432) 201-1040

    Listing date Dec 9, 2025

    MLS# 50084840 Listing URL

    Copyright © 2025 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot with Mature Trees

    This residential lot, located in Midland, Texas, is situated in an established neighborhood and features mature trees. The lot has been cleared and is ready for construction. It includes all utilities and a water well. The lot size is 0.437 acres.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.0938563
    Latitude
    32.0058481

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    FAQs

    What type of property is this?
    Residential land & home lot - Cleared residential lot with utilities and water well in Midland.
    Where is this residential land & home lot located?
    The property is located at 1501 Bedford Dr Midland, TX.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: - Large lot in a desirable, established neighborhood.; - Cleared and ready for new construction.; - All utilities are already connected to the lot.
    (432) 201-1040
    Request Owner's contact information
    1501 Bedford Dr Midland, TX 79701
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    Midland, TX 79701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501 Bedford Dr Midland, TX 79701
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