3319 N County Rd 1108, Midland, TX 79706
SINGLE_FAMILY - Midland, TX
- Added:
- Jun 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 12 at 11:06 pm
Property Features for 3319 N County Rd 1108
General Information
- Property type
- Residential
- Property subtype
- Office
- Fencing
- Chain Link, Cross Fenced
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Individual AC Units, Central Hot Water
- Standard status
- Active
- APN
- 463008377
- Size
- 9,000 SF
- Lot size
- 8.85 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4000
Utilities
- Utilities
- Cable Available
- Sewer type
- Private Sewer
- Water source
- Private, Well
Building Details
- Year built
- 2016
- Building materials
- Metal Construction, Metal Siding, Metal Studs
- Roof type
- Metal
Listing agent Deborah Julian License #TX658250 (432) 934-2295
Listing office Realty Texas, LLC 2000 IH 35 Suite P, Round Rock, TX (800) 660-1022
Listing date Jun 10, 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
- 2016‑built metal construction with metal roof and metal siding
- Upstairs executive office build‑out includes 1‑bedroom apartment with full bath, W/D, conference room, and offices
- Lower‑level office space includes offices, a kitchen, and a shop office
- Secured chain‑link fencing with auto gates plus back 4 acres fenced and caliched
- Power includes 480V 3‑phase and 280 single‑phase; 5‑ton crane and wash bay on site
- Private well and private sewer; cable available; paved parking; RV hookups; available July 1, 2026
Overview
The site sits on 8.85 acres and is improved with secured fencing. The back 4 acres are fenced and caliche-covered, with auto gates and RV hook-ups. Parking is paved, and the property is also supported by a water well and septic.
For buyers seeking a live-work compatible office setup, this configuration offers separate upstairs living and meeting space alongside additional offices below. The secured, fenced yard and ability to accommodate equipment and vehicle storage may suit a range of office and shop-adjacent users, while the included crane and power service support light industrial capabilities within the premises. Availability is listed as July 1, 2026.
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 | $172.8k | $19.20 |
| − Vacancy | −$27.6k | −$3.07 |
| EGI | $145.2k | $16.13 |
| − OpEx | −$36.3k | −$4.03 |
| NOI | $108.9k | $12.10 |
Alternative Uses
Current Use by Public Records
Map
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -101.9976645
- Latitude
- 31.9660852
