Midland, TX Foreclosed Homes & Properties

Foreclosure Homes for Sale in Midland, TX: What You Need to Know

Midland is an exceptional mid-size city in Texas that attracts adventure lovers, hard-working professionals, and families alike. As the principal city in the Midland metropolitan area, Midland is Texas’ 24th most populous city and a thriving hub for business and culture. 

Local History

The city of Midland was originally designed in 1881 to be the halfway point between El Paso and Fort Worth on the Texas and Pacific Railroad. Historically, Midland’s economy has been primarily fueled by its discovery of oil in the nearby Permian Basin in 1923, but its business sector has since diversified significantly. Midland is the hometown of former First Lady Laura Bush – and former Presidents George W. Bush and George H. W. Bush as well as former First Lady Barbara Bush once called Midland home. 

Employment Opportunities

Midland was found to have the nation’s lowest unemployment rate in 2014 at a mere 2.3%. The majority of the city’s residents are employed by the Midland Independent School District, Dawson Geophysical, and Midland Memorial Hospital, but the presence of over 8,000 active oil wells in Midland County also greatly boosts the local economy. 

Local Culture

The Midland-Odessa Symphony and Chorale is the region’s largest organized orchestra with a history in the area reaching back over 45 years. Local theatre also thrives in Midland at the Midland Community Theatre, which produces around 15 shows each year at its three performance venues. Locals and visitors alike can take in some art at the McCormick Gallery at Midland College, a thriving museum featuring the works of visiting artists as well as Midland College faculty and students.

Education in Midland

Midland features multiple public schools for students of varying ages overseen by the Midland Independent School District as well as several private schools of both religious and secular focus. Midland College is a thriving hub for higher education with over 50 areas of study to choose from in order to receive certificates and associate degrees, and the school typically enrolls over 6,000 students every semester. 

Cost of Living 

Midland residents tend to pay more for healthcare each year than the average U.S. citizen, but not by much. In fact, most of Midland’s living cost metrics are extremely similar to that of the typical American city. However, Midland residents have been found to save big on public transportation costs, which includes gas prices and public transportation services.