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    8300 Fm 307 Midland, TX 79706

    For Sale
    $4,280,456

    LAND - Midland, TX

    Lot size:
    121.90 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 8300 Fm 307

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R000000597
    Lot size
    121.90 Acres

    The Real Estate Ranch LLC (432) 688-8200

    Listing agent Thomas Johnston (432) 688-8200

    Listing date Dec 5, 2025

    Copyright © 2025 Odessa 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

    Legendary Ranch in Midland, Texas

    This legendary ranch, a Greenwood landmark for over 30 years, is available for purchase. The property includes a 2000 sqft home, a 3000 sqft shop, horse stalls, goat pens, and a park-like pond with a windmill. The pond contains giant catfish and a large mule. Encompassing 121.9 acres, this property presents an investment opportunity to create a legacy ranch or develop the next big thing in Greenwood. It is located in Midland, Texas.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Realty agency Restaurant Building Supply Auto Repair Shop Nail Salon Hotel & Motel Pharmacy Gym & Fitness Bar & Pub Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -101.9401666
    Latitude
    32.01678331

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    FAQs

    What type of property is this?
    Ranch - Historical ranch with home, shop, stalls, pens, and pond.
    Where is this ranch located?
    The property is located at 8300 Fm 307 Midland, TX.
    What is the asking price?
    The asking price for this property is $4,280,456.
    What are key features of this property?
    This property features: - Historical Mini Donkey Ranch - Greenwood Landmark; - Investment/Legacy Ranch or Development Opportunity; - 2000 sqft Home with 3000 sqft Shop
    (432) 688-8200
    Request Owner's contact information
    8300 Fm 307 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
    8300 Fm 307 Midland, TX 79706
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