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Unrestricted Land in Midland, TX
For Sale
$1,188,000

N County Rd 1040, Midland, TX 79706

LAND - Midland, TX

Lot Size108.00 Acres
Days on Market212

Property Features for N County Rd 1040

General Information

Property type Land
Property subtype Other
Subdivision 36 T-1-S
Elementary school Greenwood
Middle school Greenwood
High school Greenwood
Standard status Active
APN R000001246
Lot size 108.00 Acres

Taxes and HOA fees

Tax Annual Amount 0
Listing Agency: The Real Estate Ranch LLC
Listed By: Thomas Johnston · License #542176
Added: Dec 30, 2025 Changed: Jun 3 Last Checked: Jul 30 at 11:06PM
MLS# 158205

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 108-acre tract is located in Greenwood, just south of I-20 on County Road 1900, close to County Road 1040, in Midland, TX. The property is unrestricted, making it suitable for various development opportunities, including an RV park, dirt bike facilities, or water sales. An unpaved right-of-way on County Road 3201 provides access from the north. Three-phase electric power runs along the east fenceline, with an underground drop to the center of the land. Single-phase power is available on the west side, serving a neighboring tract to the north. The property is located near the Houston Draw.

Key Highlights

  • Unrestricted land use allows for diverse development options.
  • Convenient Greenwood location, just south of I‑20.
  • 3‑Phase electric runs along the east fenceline.

Property Analytics

Current Use

Land

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby

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

Market

Average Price Trend$/SF for Land in Midland, TX

$419 Jan
$419 Feb
$419 Mar
$419 Apr
$130 May
$3.17 Jun

Properties on Market for Land in Midland

Jan
Feb
Mar
Apr
May
Jun
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 108-acre unrestricted land suitable for various development opportunities.
Where is this land located?
The property is located at N County Rd 1040 Midland, TX.
What is the asking price?
The asking price for this property is $1,188,000.
What are key features of this property?
This property features: Unrestricted land use allows for diverse development options.; Convenient Greenwood location, just south of I‑20.; 3‑Phase electric runs along the east fenceline.
More about this property
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