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    Midland, TX 79706

    Under Contract
    For Sale
    $45,000

    Unimproved Land - Midland, TX

    Type:Unimproved Land
    Lot size:
    1.00 Acre
    Days on Market:
    231
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active Under Contract
    APN
    225449
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    Congress Realty (866) 599-5601

    Listing agent Jared English (888) 881-4118 License #0561973

    Listing date Apr 27, 2025

    MLS# 20853769 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Acre with Water Well

    This is a one-acre property for sale in Greenwood, near Midland, Texas. It features a cased water well, estimated to produce around 15 gallons per minute; the installation of a pump will be required to utilize the well. The land benefits from paved road frontage and available power. A survey is available. Restrictions include no commercial shooting ranges and no junkyards.
    Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -101.79937081
    Latitude
    31.95948294

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    FAQs

    What type of property is this?
    Land - One acre of land with water well near Midland, Texas.
    Where is this land located?
    The property is located at Midland, TX.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: - One acre property with existing cased water well producing approximately 15 gpm (buyer responsible for pump).; - Paved road frontage for easy access.; - Power readily available on the property.
    (888) 881-4118
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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
    Midland, TX 79706
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