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    2 S County Road 1040 Midland, TX 79706

    For Sale
    $50,000

    Individual Lot - Midland, TX

    Lot size:
    2.83 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 2 S County Road 1040

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.83 Acres

    Building Details

    Architectural style
    Other

    eXp Realty, LLC (512) 777-9581 [email protected]

    Listing agent Richard Knapp (888) 519-7431

    Listing date Oct 20, 2025

    MLS# 50075998 Listing URL

    Copyright © 2025 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    2.83 Acre Lot Near Midland

    This is a 2.83-acre lot located near Midland, TX. The land is suitable for residential use, including homes, RVs, and animals. Electricity is provided by Oncor. The owner is responsible for well and septic systems. Located approximately 20 minutes from Midland, the property is within the Greenwood Independent School District. The property has little to no restrictions.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Auto Repair Shop Wholesale Shop Department Store Hotel & Motel HVAC Service Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -101.81429156748
    Latitude
    31.985031688691

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    FAQs

    What type of property is this?
    Land - 2.83 acre lot near Midland, TX, ready for development.
    Where is this land located?
    The property is located at 2 S County Road 1040 Midland, TX.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Seller financing available: $5000 down, $700/month.; - Large 2.83 acre lot.; - Located in Greenwood ISD.
    (888) 519-7431
    Request Owner's contact information
    2 S County Road 1040 Midland, TX 79706
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    Midland, TX 79706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 S County Road 1040 Midland, TX 79706
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