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Property profile & analytics

1011 Texas Ave Midland, TX 79701

  • Commercial land
  • 2,292 SF
  • 0.24 lot acres
Value Estimation
Last Sale
Jun 01, 2022
Location Intelligence
Property ID
US82-1313644
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 1011 Texas Ave

Year built
1960
Lot size
0.24 lot acres
Property size
2,292 SF
Property type
Commercial land
APN
R000051763
APU
R000051763

Description

This exceptional 0.24-acre commercial land parcel, located at 1011 W Texas Ave, Midland, TX 79701 (APN R51763), presents a unique opportunity to build a customized office space. Zoned O1 (Office District), this southeast corner lot at the intersection of Texas and D Street offers unparalleled convenience and visibility. The property allows for the construction of an office building up to 5,000 square feet, with ample on-site parking eliminating the hassles of downtown parking garages and street parking. Buyers have the flexibility to manage the entire construction process themselves, or utilize build-to-suit options, allowing for leasing or outright purchase of the completed building. This prime location offers easy access to downtown Midland while avoiding the congestion and parking challenges often associated with central business districts. The asking price for this exceptional opportunity is $350,000. Seize this chance to create your ideal office environment in a thriving Texas city.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Midland
County
Midland
State
Texas
Longitude
-102.086
Latitude
31.9973
CBSA code
33260
CBSA name
MIDLAND, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$629
$42,000
$0.00
$42,000
-
$42,000
$0.00
$42,000
More about this property
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