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Legal suite

$2,170,000

8485 HIGHWAY 93

Save this home

Beds

5

Baths

5 full + 2 half

Sqft

Year

Type

Agriculture

Suite

Legal suite

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Tiny. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Top 5 Reasons You Will Love This Home: 1) Expansive 80-acre rural estate delivering exceptional income potential with diversified revenue streams, including barn signage rentals, a cell tower, horse boarding, storage solutions, a legal two bedroom basement apartment, and an active farmland lease 2) Impressive custom-built raised bungalow offering over 4,600 square feet of finished living space, featuring three plus two bedrooms, a fully self-contained legal suite, and a dedicated home office, ideal for multi-generational living or supplementary income 3) Over 60-acres of fertile, tiled farmland optimized for agricultural use, complemented by a creek running through the property, providing a natural water source for livestock and enhancing long-term land value 4) Highly desirable location just outside Midland with prime frontage along Highway 93, delivering outstanding visibility, easy accessibility, and excellent potential for home-based or agriculture business ventures, all while being a short drive to everyday amenities 5) Fully equipped, turn-key property featuring a large barn, electric fenced horse paddock, five-bay drive shed, irrigation system, Generac generator, and an oversized double garage, additionally this property offers incredible parking capacity for more than 20 vehicles, including the paved driveway, large parking lot, and additional space adjacent to the drive shed, providing the perfect infrastructure for a home business or large-scale hosting. 2,394 above grade sq.ft plus a finished basement. *Please note some images have been virtually staged to show the potential of the home. (id:65958)

Subtype
Agriculture
Architectural style
Bungalow
Community
Rural Tiny
Lot dimensions
1370.4 x 2694 FT
Bedrooms
3 above grade, 2 below grade
Parking
22 total
Stories
1
Fireplace
3
On market
Apr 17, 2026
Status changed
Apr 24, 2026
Annual tax
$4,848
Zoning
A, EP1, GL, RU, EP2
Photos
35
MLS#
S13013990
Area
TINY

Features and systems

Parking

Attached GarageGarage

Basement

FinishedFull

Appliances

WasherRefrigeratorCentral VacuumDishwasherStoveDryerWindow CoveringsWater Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

HardwoodCeramicVinyl

Foundation

Block

Lot

Wooded areaSlopingRolling

Utilities

SewerElectricityCable
Negative cash flow ~$209/mo at these assumptions

Cash on cash

-0.58%

Cap rate

4.75%

GRM

13.9

Break-even rent

$13,245

Financing

Down payment$434,000
Loan amount$1,736,000
Mortgage$8,796/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$995
Insurance$80
Maintenance$1,808
CapEx reserve$904
Vacancy loss$651

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $8,796/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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