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Days48Days on Market
Views1view

$1,900,000

713 W Indiana Ave, Midland, TX, 79701

On MarketInfo
CommercialInfo
Baths0 Bath
Baths4,024 Sq Ft
price_per_sqft$472.17 / sqft
Year BuiltBuilt in 2019

About this property

Versatile 4,024 sq. ft. commercial property featuring a large central common area with a kitchen and private suites located along both sides of the building. The flexible layout is ideal for a beauty salon, professional offices, wellness or medical services, and offers potential for restaurant conversion. A unique opportunity for owner-users or investors seeking a property that can accommodate a variety of business ventures.

Investor Tools

$0Estimated Mortgage Balance
$670,680Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,400 /month
Positive
Cash Flow Estimate:
$3,800 /month

Interested in this property?

Dee Alanis

Strait A Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,095/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Midland

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713 W Indiana Ave | Property Details | No Agent List