browse list of realtors working in Midland County
Midland county has 1 usdaproperties.com realtor ready to help with your search!
August 2024 Featured Agent | |
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Adriana Ontiveros | from Homecharmrealty.com |
There are 10 USDA backed residential loans in Midland county with an average loan balance of $173,936. Over 80% of the loans helped first time home buyers. Borrowers were an average age of 38 years old. The typical appraised home value was around $177,180. On average the rural home size purchased with this loan was approximately 1,901 SqFt. Alternate income limits exist to determine loan eligibility in Midland county. For a household of upto 4 people the income limit is $104,100. For a household of between 5 and 8 people the income limit increases to $137,400.
The size of Midland County is roughly 2,335 square kilometers. USDA defined regions of rural loan ineligibility in Midland cover 569 square kilometers of the county. Approximately 24.4% of Midland County is ineligible for traditional USDA home loans. The influence score for Midland County is 2. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Midland County, TX
* cities most likely to have USDA loan eligible properties for sale.
Bounce • Greenwood • Midland • Spraberry • Warfield
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Midland County.
Midland County, located in the western part of Texas, was officially established on March 4, 1885. Its history dates back to the early Spanish explorers who passed through the region in the late 16th and early 17th centuries. The area was originally a part of Paschal County and became a part of Tom Green County in the early 1870s. The county was eventually named Midland County due to its geographical location halfway between Fort Worth and El Paso along the Texas and Pacific Railway.
Midland County's population began to grow significantly in the 20th century due to the development of the petroleum industry. Oil was discovered in the Permian Basin in 1923, leading to an economic boom as it matured into one of the largest oil-producing regions in the United States. The city of Midland, which is the county seat, consequently became a thriving center for the oil and gas industry.
A fun fact about Midland County is that it is the childhood home of former United States President George W. Bush and former First Lady Laura Bush. They met and married in the city of Midland, which has since established a George W. Bush Childhood Home Museum to preserve and showcase items related to their life in the area. This connection to a president has earned Midland County a unique place in American history.