508 E Illinois Ave, Midland, TX 79701 Property Records

Midland County property record for 508 E Illinois Ave, Midland, TX 79701

Property Summary

Property TypeCommercial Office
Details1,158 sqft · built 1961
Lot Size0.161 acres (7,013 sqft)
OwnerIndividual Name on File
Tax Bill$1,918 (2025)
Deeds & MortgagesNov 2019 Loan Modification
Nov 2018 Construction Loan
APNR000035218

Property Details

APN / Parcel Number

Primary APNR000035218
Alternative APNs
  • 00066800.042.0010
  • 668000420010

Interior

Stories1 Story
Building Area1,158 sqft Total Area

Exterior

Year BuiltBuilt 1961
Effective Year BuiltEffective 1961
Lot Area7,013 sqft (0.161 acres)
Garage TypeCarport
CarportCarport
Storage Building360 sqft

Location & Zoning

Street Address508 E ILLINOIS AVE
CityMIDLAND
StateTX
Zip79701
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Local Zoning CodeC3
Legal DescriptionACRES: 0.161 BLK: 042 LOT: 001 ADDN: ORIGINAL TOWN
Legal SubdivisionORIGINAL TOWN
Legal Block42
Legal Lot Number1
JurisdictionMIDLAND TX
Township / Civil DivisionMIDLAND
Census Block Group2
Census Block2072
Census Tract10200

Owner

508 E Illinois Ave, a commercial property, is owned by an individual who acquired it in July 2005.

Source: Midland County records, as of October 19, 2026

Owner of RecordIndividual Name on File
Mailing Address1402 CHESTNUT AVE, MIDLAND, TX 79701-2513
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Nov 19, 2019Loan Modification, Mortgage · Line of Credit
PROSPERITY BK
Nov 21, 2018Deed of Trust, Construction Loan · Construction Mortgage
PROSPERITY BK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 13, 2005
Deed SaleJul 13, 2005
Prior SaleJan 20, 2004
Deed Document Number200514472
Deed Book / Page2545 / 336
Prior Transfer DateJul 12, 2005
Prior Transfer Doc0000014472
Record UpdatedOct 29, 2026

November 2019: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionMIDLAND TX
Property Address508 E ILLINOIS AVE, MIDLAND, TX 79701
Document Number0000036893
Instrument DateNov 19, 2019
Transaction TypeMortgage
Record UpdatedFeb 28, 2020
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Partnership
Address4400 N BIG SPRIG ST #B-14 MIDLAND TX 79706, B-14, MIDLAND, TX 79706

Mortgage

Document Number0000036893
DateDec 2, 2019
Instrument36893
Lender
NamePROSPERITY BK
TypeBank
AddressMIDLAND, TX 79701
Agreement
TypeLine of Credit
AmountAmount on Record
Term12 Months
DueDec 1, 2020
Interest
Rate TypeAdjustable Rate

November 2018: Deed of Trust, Construction Loan

Document TypeDeed of Trust
JurisdictionMIDLAND TX
Recording DateNov 21, 2018
Property Address508 E ILLINOIS AVE, MIDLAND, TX 79701
Document Number0000034321
Instrument DateNov 19, 2018
Instrument34321
Transaction TypeConstruction Loan
Record UpdatedFeb 28, 2020
Title CompanyWEST TX ABSTRACT

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Partnership
Address4400 N BIG SPRING ST #B14 MIDLAND TX 797054600, B14, MIDLAND, TX 79705-4600

Mortgage

Document Number0000034321
DateNov 21, 2018
Instrument34321
Lender
NamePROSPERITY BK
TypeBank
AddressMIDLAND, TX 79701
Agreement
TypeConstruction Mortgage
AmountAmount on Record
Term12 Months
DueNov 20, 2019

Tax Assessment & Valuation

The 2025 property tax bill for 508 E Illinois Ave was $1,918, down 6.1% from the year before.

Source: Midland County assessment roll, as of October 19, 2026

Property Jurisdictions

TypeName
StateTexas
CountyMidland County
MunicipalityMidland City
Unified School DistrictMidland Independent School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$128,850 (-1.51%) Land $28,000 Building $100,850$128,850 (-1.51%) Land $28,000 Building $100,850
2025$1,918.00 (-6.07%)$130,830 Land $28,000 Building $102,830$130,830 Land $28,000 Building $102,830
2024$2,042.00 (+1.19%)
2023$2,018.00$134,700 Land $28,000 Building $106,700$134,700 Land $28,000 Building $106,700

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA has no flood map on file for 508 E Illinois Ave; there have been 1 flood claim nearby since 2007.

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies2 in force
Nearby Flood Claims1 (2007)
Claims Outside the SFHA1 of 1
Most Recent ClaimAug 2007 · alluvial fan flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 508 E Illinois Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF MIDLAND WATER PURIFICATION PLANT
serves 157,000 people · EPA ID TX1650001
Water SourceSurface water
Last State InspectionMar 2025
Lead3 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityTurbidity
resolved · Feb 2026
Arsenic
resolved · Oct 2023
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 301 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless
5,000 / 5,000
Optimum
Cable
940 / 35

May also be available: Astound Broadband, Nextlink, T-Mobile, Verizon.

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