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Day Care Center on Two Lots
For Sale
$899,900

1005 Austin St, Midland, TX 79703

COMMERCIAL - Midland, TX

Property Size7,128 SF
Lot Size0.87 Acres
Price / SF$126.25
Days on Market256

Property Features for 1005 Austin St

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Lilly Heights
Standard status Active
Size 7,128 SF
Lot size 0.87 Acres

Taxes and HOA fees

Tax Description 1005 Austin St: BLK: 002, LOT: 009, ADDN: LILLY HEIGHTS. 1007 Austin St: BLK: 002, LOT: 010, ADDN: LILLY HEIGHTS
Tax Annual Amount 5590
Legal Description 1005 Austin St: BLK: 002, LOT: 009, ADDN: LILLY HEIGHTS. 1007 Austin St: BLK: 002, LOT: 010, ADDN: LILLY HEIGHTS

Building Details

Year built 1960
Listing Agency: Pine & Beckett - Chris Beckett
Listed By: Chris Beckett Broker Owner CRS GRI ASR e-Pro
Added: Nov 28, 2025 Changed: Aug 4 Last Checked: Aug 11 at 8:06PM
MLS# 50087109

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This former childcare property includes 7,128 square feet across two lots totaling 0.872 acres. Built in 1960, the site has received updates and maintenance and includes on-site parking. The existing improvements may support a return to day care use or adaptation for home health care and office space, as identified in the property information.

Reported traffic counts are 4,000 and 21,000 on the two main roads serving the property. The address is 1005 Austin St in Midland, Texas, providing a defined commercial setting for an operator seeking an existing building with multiple potential use paths.

Key Highlights

  • 7,128 SF of combined building area
  • Two lots totaling 0.872 acres
  • Former childcare facility built in 1960

Property Analytics

Current Use

Day care centers

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Kitchen & Bath Showroom Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

732
Businesses Nearby
Balanced
Demand for This Use

Demographics for 79703, TX

21,205
Population
8,110
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,262
Density / Sq Mi
$80,281
Median Household Income
$44,977
Median Earnings
$1,466
Median Rent
$220,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • Envirokids Preschool & Child 3220 W Illinois Ave, Midland, TX 79701
  • Mrs Irene's Child Care 1007 Austin St, Midland, TX 79703
  • A Precious One Child Care 921 Midland Dr, Midland, TX 79703
  • Creative Care Learning Center 3001 W Illinois Ave #5a, Midland, TX 79701
  • Ms. Janie’s Kid’s Daycare 3812 Roosevelt Dr, Midland, TX 79703

Frequently Asked Questions

What type of property is this?
Day care center - Former childcare facility with on-site parking and potential for office or home health care use.
Where is this day care center located?
The property is located at 1005 Austin St Midland, TX.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 7,128 SF of combined building area; Two lots totaling 0.872 acres; Former childcare facility built in 1960
More about this property
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