$625,000

5500 Drexel Midland, TX 79707

$7,422
Closing credit¹
4 beds
3 full, 2 partial
3,089 sqft
0.2 acres
$202 / sqft
House

Property details

About 5500 Drexel

So Much to Offer in Grassland Subdivision! This spacious 4-bedroom home is ideal for comfortable living and entertaining, featuring two primary suites, two dining areas, and two living areas—plenty of room to grow and spread out. Step outside to enjoy your private backyard oasis, complete with a refreshing pool and pool house—perfect for summer relaxation or gatherings. As part of the desirable Grassland community, you'll also enjoy access to two additional neighborhood pools, adding even more value and convenience.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size3,089 sqft
Lot size0.238 Acres
Year built1994
MLS #50082802
Garage3 spaces
FireplaceLiving Room
Private poolYes

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Pantry, Bookcases
  • Fireplace: Living Room
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Private Pool: Yes
  • Architectural Style: 1 Story
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $625,000
  • Price/SqFt: $202
  • HOA Amount: $600 Annually
  • Year Built: 1994
  • Stories: 1
  • Living Area: 3,089 SqFt
  • Lot Size: 0.238 Acres
  • MLS Number: 50082802
  • MLS Name: PermianBasin
  • Office Name: Fathom Realty
  • Office Phone: (432) 978-1724
  • Listing Agent: Brandi Davis

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: 6/23/2025, 10:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5500 Drexel, Midland, TX 79707 - view of front of property with brick siding, a front yard, and a shingled roof

$625,000

5500 Drexel

$7,422

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

2

Scharbauer Elementary School

Public District PK-6

0.4 mi

2115 Hereford Blvd

6

Bush Elementary School

Public District PK-6

0.6 mi

5001 Preston Dr

6

Yarbrough Elementary School

Public District PK-6

1.2 mi

6000 Riverfront Dr

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 $142,672. The most common annual income of people living in Midland, TX is between $100k-200k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

4%
<35k
26%
35k-100k
37%
100k-200k
33%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

13%
Single, No Kids
3%
Single, with Kids
46%
Married, No Kids
38%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
16%
18-34 yrs old
50%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • SoccerSoccer
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • The Container StoreThe Container Store
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • StarbucksStarbucks
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • AcuraAcura
  • LexusLexus

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5500 Drexel

The listing price of 5500 Drexel property is $625,000.

The property 5500 Drexel is a house located in Midland, Texas, 79707.

Active Listing: 5500 Drexel is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5500 Drexel are: Scharbauer Elementary School (GreatSchools Rating 2/10), Bush Elementary School (GreatSchools Rating 6/10), Yarbrough Elementary School (GreatSchools Rating 6/10), Abell Junior High School (GreatSchools Rating 3/10), Young Women's Leadership Academy (GreatSchools Rating 10/10), Alamo Junior High School (GreatSchools Rating 2/10), Legacy High School (GreatSchools Rating 5/10), Premier High School of Midland (GreatSchools Rating 5/10), Texas Leadership of Midland (GreatSchools Rating 2/10).

The property at 5500 Drexel has 4 bedrooms and 3 full and 2 half bathrooms.

The property 5500 Drexel is 3,089 SqFt (source: MLS/tax record).

The year of construction for 5500 Drexel is 1994.

This home is located at 5500 Drexel in Midland, TX and zip code 79707 in the Grassland Estates neighborhood. This 3,089 square foot home, which was built in 1994, sits on a 0.24 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $625,000.

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

More resources

Housing market reports in Midland County