3900 E Hwy 158, Midland, TX 79706
SINGLE_FAMILY - Midland, TX
- Added:
- May 30, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 9 at 1:06 pm
Property Features for 3900 E Hwy 158
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- R000214306
- Size
- 5,000 SF
- Lot size
- 1.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8648
Utilities
- Sewer type
- Private Sewer
- Water source
- Well
Building Details
- Year built
- 2015
- Floors in Building
- 1
Listing agent Thomas Johnston License #542176 (432) 688-8200
Listing office The Real Estate Ranch LLC 6 Desta Drive Suite 1260, Midland, TX (432) 688-8200
Listing date May 30, 2026
Copyright © 2026 Odessa 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.
HighLights
- High visibility location with 20,000‑25,000 vehicles per day (VPD)
- Large 5,000 sqft building suitable for buy or lease
- Direct access to Highway 158 and proximity to I‑20
- 1.07 acre lot
- Features 15 offices, including executive offices, and 3 bathrooms
- Built in 2015
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.0k | $19.20 |
| − Vacancy | −$15.4k | −$3.07 |
| EGI | $80.6k | $16.13 |
| − OpEx | −$20.2k | −$4.03 |
| NOI | $60.5k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.014094
- Latitude
- 31.9753733