Midland, TX 79701 1200 W Scharbauer Dr
$705,000
Presented By: The Agency Kerri Payne James Real Estate Team
SQFT • 4,066
Home Details
PROFITABLE INVESTOR PORTFOLIO INCLUDING THE SALE OF 3 HOMES ON SCHARBAUER DR! ALL HOMES ARE CURRENTLY BEING LEASED WITH 100% OCCUPANCY. THE ENTIRE PORTFOLIO OF 25 TOTAL HOMES IS BEING SOLD, INCLUDING THE BREAKDOWN SMALLER INVESTOR PACKAGES LISTED SEPARATELY. CURRENT INCOME ON SCHAARBAUER HOMES IS $5,000/MONTH IN TENANT LEASES.
Presented By: The Agency Kerri Payne James Real Estate Team
Interior Features for 1200 W Scharbauer Dr
Other Interior Features
LivingAreaSourceMCAD
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeiling Height: Less than 20 ft
General for 1200 W Scharbauer Dr
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityMidland
Construction MaterialsBrick
CoolingElectric
CountyMidland
ExclusionsMINERALS
FreeholdIDX, BBO
Garage Y/NNo
HOANo
HeatingCentral, Natural Gas
Land Lease Y/NNo
Lease TypeRESIDENTIAL
Legal DescriptionSEE AGENT REMARKS.
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet11674.08
Lot Size UnitsSquare Feet
MLS AreaMD4
ModificationTimestamp2025-07-18T21:43:00.000Z
New ConstructionNo
Occupancy TypeTenant
Parcel NumberR000042909
Property Attached Y/NNo
Property SubtypeCommercial
Property TypeCommercial Sale
Rent Control Y/NNo
RoofComposition
SewerPublic Sewer
Showing InstructionsCall Listing Office
Standard StatusActive
StatusActive
Subdivision NameScharbauer Place
Tax Annual Amount3122.67
Tenant PaysElectricity, Gas, Water
UtilitiesElectricity Connected, Sewer Connected, Water Connected, Natural Gas Available, Underground Utilities
Year Built1979
Exterior for 1200 W Scharbauer Dr
Building Area Total4066
FencingFenced, Other
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped
Lot Size Acres0.268
Lot Size Area11674.08
Parking FeaturesCovered
Road Frontage TypeCity Street, Alley, Sidewalks
Road Surface TypePaved
SpaNo
Water SourcePublic
Additional Details
Price History
Ingrid Donelson
Texas Licensed Realtor®