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    Fm 1788 Midland, TX 79706

    For Sale
    $13,024,440

    Individual Lot - Midland, TX

    Lot size:
    74.75 Acres
    Days on Market:
    103
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for Fm 1788

    General Information

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

    Building Details

    Architectural style
    Other

    The Real Estate Ranch LLC (432) 688-8200

    Listing agent Thomas Johnston ABR /CNHS (432) 688-8200

    Listing date Sep 2, 2025

    MLS# 50085025 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

    Prime Land Tracts in Midland

    This property features an ideal build site located across from the new Kent Quick to the southwest and the Post Office to the east. It consists of a 40.6-acre tract and a contiguous 25.7-acre tract, along with additional tracts of 3 acres and 5.45 acres, offering subdivision possibilities. The site benefits from paved frontage on three sides: County Road 40 (Yukon Road or Airport Entrance), Pilot Road, and Farm to Market 1788. Water and sewer lines are available onsite, along with a cul-de-sac. This location presents a wholesale opportunity to sub-develop a premier West Texas site situated between Midland and Odessa, highlighted by its proximity to Midland International Air & Spaceport. There is a 1.25-acre oil pad, but the site appears to be free of pipelines. The total lot size is 74.75 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.21921850247
    Latitude
    31.928528881413

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    FAQs

    What type of property is this?
    Land - Ideal West Texas build site near Midland International Air & Spaceport.
    Where is this land located?
    The property is located at Fm 1788 Midland, TX.
    What is the asking price?
    The asking price for this property is $13,024,440.
    What are key features of this property?
    This property features: - Ideal build site for sub-development in West Texas.; - Located between Midland and Odessa, near Midland International Air & Spaceport.; - Water and sewer lines are onsite.
    (432) 688-8200
    Request Owner's contact information
    Fm 1788 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

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    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
    Fm 1788 Midland, TX 79706
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