Single-Family
1104 W Missouri Ave Midland, TX 79701
New
For Sale
$849,900
SINGLE_FAMILY - Midland, TX
Property Size3,765 SF
Lot Size0.48 Acres
Price / SF$225.74
Days on Market3
Property Features for 1104 W Missouri Ave
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- Size
- 3,765 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Description
- BLK: 018, LOT: 010 THRU 012, ADDN: WEST END
- Tax Annual Amount
- 5438
Building Details
- Year built
- 1927
Listing Agency:
Ricker-Looney Realtors
(432) 260-5700
Listed By:
Taylor Looney · License #TX 514308
(432) 889-6402
Added: Jul 22
Last Checked: Jul 24 at 8:06AM
MLS# 50096941
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 single-family residence is listed for sale and sits on a 0.482-acre lot. The property offers approximately 3,765 square feet of living space.
The home is located at 1104 W Missouri Ave in Midland, TX 79701, in Midland County.
For buyers looking to evaluate a residential property on its own lot, this is a straightforward single-family offering with the stated land and building size.
The home is located at 1104 W Missouri Ave in Midland, TX 79701, in Midland County.
For buyers looking to evaluate a residential property on its own lot, this is a straightforward single-family offering with the stated land and building size.
Key Highlights
- Built in 1927.
Financial Insights For Apartment 5plus
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 | $61.0k | $16.20 |
| − Vacancy | −$4.0k | −$1.05 |
| EGI | $57.0k | $15.15 |
| − OpEx | −$25.7k | −$6.82 |
| NOI | $31.4k | $8.33 |
3,765 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$448.1K
$392.1K – $522.8K
NOI $31,366 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$888.1K
$777.1K – $1.04M
NOI $62,168 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Single-family home available for sale in Midland, Texas with a 0.482-acre lot and 3,765 square feet.
Where is this single family property located?
The property is located at 1104 W Missouri Ave Midland, TX.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Built in 1927.
