Updated 3 Days Ago
Highlights
Pet Friendly
Location
503 Parkwood Dr, Midland, TX 79703, USA|Brownwood Park
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Property Overview
503 Parkwood Dr in Midland offers a mix of practical advantages and appealing features, with strengths that may include its location, layout, and overall usability. It can work well for buyers looking for a home with useful qualities and a setting that supports everyday living, while also offering details that stand out in a positive way.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Middle school nearby
- Fireplace
Great for
Pet owners
Amenities for 503 Parkwood Dr, Brownwood Park
Features
| Fireplace | Tile |
| Washer/Dryer Hookups |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Range/Oven |
| Refrigerator |
Community
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Fenced Yard | Garage Parking |
| Off-Street Parking | Outdoor Space |
| Storage |
Neighborhood
| Near Parks |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 6+ months |
|---|
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About 503 Parkwood Dr
Property Id: 2780475 3 bedroom, 2 bath home with 2 car garage attached PLUS shop/storage detached. Hardscape front and back yard. Close to Beal Park and walking distant to elementary school. Easy access to Loop 250.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 503 Parkwood Dr compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Middle school nearby
- There is a middle school 0.5 mile away
- Fireplace
- Upgraded in-unit features
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Brownwood Park |
|---|---|
| Zip code | 79703 |
| Type | House for rent |
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Rent trends in Brownwood Park
3-bedroom apartments at 503 Parkwood Dr cost about 13% more than the average rent price for 3-bedroom apartments in Midland.
Median rents as of Sep 5 2026.
Midland
| Month | Median Rent |
|---|---|
| September 2024 | $2,450 |
| October 2024 | $2,493 |
| November 2024 | $2,472 |
| December 2024 | $2,400 |
| January 2025 | $2,450 |
| February 2025 | $2,500 |
| March 2025 | $2,500 |
| April 2025 | $2,500 |
| May 2025 | $2,445 |
| June 2025 | $2,500 |
| July 2025 | $2,500 |
| August 2025 | $2,500 |
| September 2025 | $2,465 |
| October 2025 | $2,457 |
| November 2025 | $2,512 |
| December 2025 | $2,604 |
| January 2026 | $2,579 |
| February 2026 | $2,500 |
| March 2026 | $2,500 |
| April 2026 | $2,500 |
| May 2026 | $2,492 |
| June 2026 | $2,489 |
| July 2026 | $2,456 |
| August 2026 | $2,475 |
| September 2026 | $2,475 |
Affordability calculator
Can I afford to live at 503 Parkwood Dr?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$112,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $112,000 annually to afford this 3-bedrooms monthly rent price of $2,800.
For more information on rent affordability, visit our rent calculator.
Schools near 503 Parkwood Dr
Henderson Elementary School
4800 graceland dr
midland, TX, 79703
PK, K-6Public
B-
Greenwood Intermediate School
2719 fm 1379
midland, TX, 79706
3-5Public
B
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Internet available near 503 Parkwood Dr
Neighborhood
Brownwood Park | Midland, TX
Getting around Midland near 503 Parkwood Dr
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Points of interest for 503 Parkwood Dr, Midland
Groceries
4/10
Variety of groceries within a short drive
Shopping
5/10
Variety of shops within a short drive
Cafes
4/10
Variety of cafés within a short drive
Restaurants
5/10
Variety of restaurants within a short drive
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Nightlife
3/10
Some bars within a short drive
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