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    3918 E County Road 157 Midland, TX 79701

    For Sale
    $147,500

    .5-1 Acre - Midland, TX

    Lot size:
    1.00 Acre
    Days on Market:
    245
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 3918 E County Road 157

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    No Restrictions
    Exterior features
    Chain Link, Pipe
    Fencing
    Chain Link
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    Kelly Realty (432) 685-9008

    Listing agent Lisa Kelly (432) 685-9008

    Listing date Apr 13, 2025

    MLS# 50070227 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

    Corner Acre in Midland, Texas

    This is a corner acre of land with unrestricted zoning. The property includes a mobile home of unknown condition, which is not warranted. There is one water well and two electrical poles on the premises. The location is in Midland, Texas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -101.9872013
    Latitude
    31.9206817

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    FAQs

    What type of property is this?
    Agricultural land - Acre with water well and electrical poles, unrestricted zoning.
    Where is this agricultural land located?
    The property is located at 3918 E County Road 157 Midland, TX.
    What is the asking price?
    The asking price for this property is $147,500.
    What are key features of this property?
    This property features: - One acre corner lot provides ample space and accessibility.; - Water well on property, great for rural living.; - Two electrical poles already in place.
    (432) 685-9008
    Request Owner's contact information
    3918 E County Road 157 Midland, TX 79701
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    Midland, TX 79701
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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
    3918 E County Road 157 Midland, TX 79701
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