$49,000

501 W Scharbauer Dr Unit 28 Midland, TX 79705

$582
Closing credit¹
1 bed
1 full
512 sqft
$96 / sqft
Townhouse

Property details

About 501 W Scharbauer Dr Unit 28

Great 1 bedroom 1 bath home with fresh paint, new carpet and new appliances. Ready for all buyers! This is a Fannie Mae HomePath Property!

Highlights

Home typeTownhouse
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air
Size512 sqft
Year built1963
MLS #50080450
Private poolYes

Summary

  • Full Bathrooms: 1
  • Appliances: Gas Range, Electric Water Heater
  • Flooring Type: Carpet, Tile
  • Total Bedroom Count: 1
  • Private Pool: Yes
  • Architectural Style: Townhome-Attached
  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $49,000
  • Price/SqFt: $95
  • HOA Amount: $364 Monthly
  • Directions: From Big Spring St turn west on George Ave. Park on west side of George at intersection of Marienfield and George.
  • Year Built: 1963
  • Living Area: 512 SqFt
  • MLS Number: 50080450
  • MLS Name: PermianBasin
  • Office Name: Graham & Co. Realty Group
  • Office Phone: (469) 916-0030
  • Listing Agent: Greg Graham

Based on Information provided by the Multiple Listing Service of the Permian Basin Board of REALTORS®. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All the information provided must not be reproduced or redistributed. Copyright © 2025 Permian Basin Board of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 6/27/2025, 10:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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501 W Scharbauer Dr Unit 28, Midland, TX 79705 - rear view of property with french doors, a patio, a balcony, and a lawn

$49,000

501 W Scharbauer Dr Unit 28

$582

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

8

James Bowie Fine Arts Academy

Public Magnet KG-6

0.6 mi

805 Elk Ave

6

General Tommy Franks Elementary School

Public District PK-6

0.7 mi

401 E Parker Ave

4

Milam Elementary School

Public Charter PK-6

0.8 mi

301 E Dormard Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $26,337. Typical income of Midland, TX residents is less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

63%
<35k
31%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
20%
Single, with Kids
13%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • PontiacPontiac

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 501 W Scharbauer Dr Unit 28

The listing price of 501 W Scharbauer Dr Unit 28 property is $49,000.

The property 501 W Scharbauer Dr Unit 28 is a townhouse located in Midland, Texas, 79705.

Active Listing: 501 W Scharbauer Dr Unit 28 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 501 W Scharbauer Dr Unit 28 are: James Bowie Fine Arts Academy (GreatSchools Rating 8/10), General Tommy Franks Elementary School (GreatSchools Rating 6/10), Milam Elementary School (GreatSchools Rating 4/10), Midland Academy Charter School (GreatSchools Rating 8/10), San Jacinto Junior High School (GreatSchools Rating 4/10), Goddard Junior High School (GreatSchools Rating 3/10), Legacy Freshman High School (GreatSchools Rating 3/10), Midland Senior High School (GreatSchools Rating 2/10), Viola M Coleman High School (GreatSchools Rating 2/10).

The property at 501 W Scharbauer Dr Unit 28 has 1 bedroom and 1 bathroom.

The property 501 W Scharbauer Dr Unit 28 is 512 SqFt (source: MLS/tax record).

The year of construction for 501 W Scharbauer Dr Unit 28 is 1963.

This home is located at 501 W Scharbauer Dr Unit 28 in Midland, TX and zip code 79705 in the Cowden neighborhood. This 512 square foot home was built in 1963. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $49,000.

From Rocket Homes Real Estate and based on county public records data.

More resources

Housing market reports in Midland County