Apartment Acquisitions · Midland
Sell Your Commercial Property In Midland, TX
We are an active buyer of Midland commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Midland Submarkets: Downtown Midland · Northwest Midland · Greenwood · Odessa — Midland County, TX
The Midland Market
What Drives Rentals In Midland
Midland, Texas, seat of Midland County and a hub of Permian Basin oil and gas activity, has 136,640 residents under ACS 2020-2024 data, with a 34.9% renter share above the county’s 32.4% and below the 37.4% statewide figure. Buildings with five or more units hold 23.2% of its housing at a 1989 median year built.
Owners who want to sell commercial property in Midland, TX face a combined 2025 tax rate of $1.466604 per $100 and a median rent of $1,434. This profile covers rents, taxes, landlord rules and value near Diamondback Energy’s headquarters.
Diamondback Energy headquarters
Diamondback Energy is headquartered at 500 West Texas Avenue in downtown Midland, per the company's own site.Midland College enrollment
Midland College reported a record 7,336 students for fall 2025, topping its prior 2010 high, per Midland College.Midland Memorial Hospital
Midland Memorial Hospital operates a 546-bed community hospital system founded in 1950, per Midland Health's own site.Our Buy Box
What We Buy In Midland
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Midland Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Midland
Renters occupy 34.9% of Midland’s occupied homes, or 18,632 of 53,414 households, under ACS 2020-2024 tenure data. Midland County’s renter share is 32.4% and Texas’s is 37.4%.
Buildings with five or more units make up 23.2% of Midland’s housing stock, or 13,273 of 57,260 homes, per ACS units-in-structure data, with a 1989 median year built. Investors considering selling commercial property in Midland should weigh that mix.
Rents and affordability in Midland
Midland’s median gross rent is $1,434 a month under ACS 2020-2024 data, above the $1,407 county figure and the $1,403 statewide median. Owners who want to sell commercial property in Midland, TX should weigh that rent premium before pricing a deal.
Rent burden is moderate: 50.6% of Midland renters pay 30% or more of income on rent, and 26.8% pay 50% or more, per ACS table B25070.
| HUD FY2027 FMR | Midland, TX HUD Metro FMR Area |
|---|---|
| Efficiency | $1,335 |
| One-bedroom | $1,408 |
| Two-bedroom | $1,794 |
| Three-bedroom | $2,223 |
Figures are HUD fair market rents for Midland County, effective October 1, 2026.
Property taxes in Midland County
A Midland property inside Midland ISD carries a combined 2025 rate of $1.466604 per $100 of taxable value: county $0.121374, city $0.347999, school district $0.841500, hospital district $0.073731 and college $0.082000, per the Midland Central Appraisal District’s 2025 tax rate page.
On a $2,000,000 taxable value, that rate produces $29,332.08 a year: $16,830.00 school district, $6,959.98 city, $2,427.48 county, $1,640.00 college and $1,474.62 hospital district. Owners who sell commercial real estate in Midland, TX should run this math against their own appraisal notice.
An owner protests value by May 15 or 30 days after notice delivery, whichever is later, under Tax Code Section 41.44. Texas levies no real estate transfer tax, and the Midland County Clerk’s fee schedule sets $25.00 for a one-page deed.
Landlord rules in Midland
Texas requires at least three days’ written notice to vacate before an eviction suit, unless the lease sets a different period, under Property Code Section 24.005.
A landlord must refund a security deposit by the 30th day after surrender, under Property Code Section 92.103. Texas allows rent control only after a disaster-related emergency finding and the governor’s approval, per Local Government Code Section 214.902, so an owner planning to sell multifamily property in Midland faces no local rent caps.
What it means for a Midland owner
Midland’s newer housing stock, at a 1989 median year built, pairs with Permian Basin energy jobs and a combined tax rate of $1.466604 per $100. Owners who sell commercial property in Midland, TX need to underwrite that tax bill for a realistic value.
Diamondback Energy’s headquarters, Midland College’s record fall 2025 enrollment and the 546-bed Midland Memorial Hospital anchor demand for the metro. Skyline Capital Investments buys apartment buildings with five or more units; owners ready to sell your apartment building in Midland can start with our cap rate calculator or our sell my apartment building page.
Seller Notes
Pricing Your Building In Midland
More about selling in Texas →Investing in Midland? See apartment syndications in Midland →
- Midland's 1989 median year built is newer than many Texas metros, meaning less deferred capital work for buyers.
- Midland's $89,585 income tops the county figure, helping owners sell commercial real estate in Midland, TX.
- Midland ISD's $0.841500 rate is more than half the combined 2025 bill, the largest slice before a sale.
Seller Guides
Selling A Building In Midland
Learn More
Taxes & Rules For Midland Property
The Texas rules that shape any deal in Midland: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Midland Seller FAQ
How do I sell commercial property in Midland, TX?
Start by pulling rent rolls and the current Midland Central Appraisal District notice, since Midland's combined 2025 tax rate of $1.466604 per $100 takes a real share of net income. Price the building against buyer cap rates, then list with a broker or a direct buyer once the numbers are documented.
What does it take to sell commercial real estate in Midland, TX?
Buyers underwrite Midland's energy-driven demand, anchored by Diamondback Energy's downtown headquarters, Midland College's record enrollment and Midland Memorial Hospital, against the Midland County tax bill. Owners gain by documenting recent unit updates and current rent rolls before marketing a deal.
What is the property tax rate in Midland, Texas?
Inside Midland ISD the combined 2025 rate is $1.466604 per $100 of taxable value: county $0.121374, city $0.347999, school district $0.841500, hospital district $0.073731 and college $0.082000, per the Midland Central Appraisal District. A $2,000,000 taxable value owes $29,332.08 a year.
Does Midland have rent control?
No. Under Local Government Code Section 214.902, a Texas city may adopt rent control only after its governing body finds a disaster-related housing emergency and the governor approves the ordinance. Absent that finding, Midland owners set rents through leases and market conditions alone.
How much do renters pay in Midland, TX?
Midland's median gross rent is $1,434 a month under ACS 2020-2024 data, above the $1,407 Midland County figure. HUD's FY2027 two-bedroom fair market rent is $1,794 for the Midland, TX HUD Metro FMR Area, which covers Midland County.
What if my Midland building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
How does a sale to you work in Midland County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Who buys occupied rental property in Midland?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
How fast can I sell my apartment building in Midland?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Selling A Building In Midland?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
