Midland, TX Development
For Sale
$1,750,000
FM 307, Midland, TX 79706
LAND - Midland, TX
Property SizeContact for details
Lot Size39.99 Acres
Days on Market197
Property Features for FM 307
General Information
Property type
Land
Property subtype
Other
Elementary school district
Greenwood
Middle school district
Greenwood
High school district
Greenwood
Subdivision
MG4
Standard status
Active
Lot size
39.99 Acres
Taxes and HOA fees
Tax Description
Acres: 9.850, 49.84 AC OUT OF SW/4, SEC: 1, BLK: 38-T2S
Tax Annual Amount
31
Legal Description
Acres: 9.850, 49.84 AC OUT OF SW/4, SEC: 1, BLK: 38-T2S
Listing Agency:
NRG Realty Group, LLC
(432) 432-7976
Listed By:
Justin Dodd · License #9004023
(214) 534-7976
Added: Feb 10
Changed: May 14
Last Checked: Aug 26 at 9:06AM
MLS# 50090748
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 39.99-acre property in Midland, TX, is suitable for commercial or residential development. The construction-ready land has dedicated access to FM 307 and is located 4 miles from Greenwood ISD and 3 miles from Interstate-20. A private access road, 60' wide, serves the property. The property is located in Midland County and is not subject to zoning regulations.
Key Highlights
- 40 Acres of Land Ready for Development
- Ideal for Commercial or Residential Use
- Dedicated Access to FM 307
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 79706, TX
31,805
Population
12,368
Households
2.6
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
689.5 sq mi
ZIP Area
46
Density / Sq Mi
$110,988
Median Household Income
$58,023
Median Earnings
$897
Median Rent
$280,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 40 acres ready for commercial or residential development in Midland.
Where is this commercial land located?
The property is located at FM 307 Midland, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 40 Acres of Land Ready for Development; Ideal for Commercial or Residential Use; Dedicated Access to FM 307
