TBD 338ac Fm-1379 Midland, TX 79706

Listing office Capitol Ranch Real Estate, LLC c***@capitolranch.com Show Phone

Listing date Mar 10, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

The Greenwood Ranch encompasses approximately 338 acres in northeast Midland County, situated ten miles southwest of Midland and near Greenwood. The property is located outside the city limits and has direct access approximately 1.5 miles from Texas State Highway 158. Characterized by a square configuration and level-to-gently rolling terrain, the tract offers long-distance views, road frontage, and visibility. An established interior road system is present throughout the property. Multiple water wells provide a water supply, and Monahans Draw forms the eastern boundary. Electric service is in place. Active oil and gas operations are present. The property is available in its entirety or divided into tracts of approximately 90 acres, 200 acres, or 338 acres, offering flexibility in acreage. The property is suitable for development, agriculture, or recreational use. The property consists of multiple parcel IDs with reasonable restrictions possible. Only the surface estate is included; mineral rights are not conveyed.

Key Highlights

• Versatile 338± acre ranch property suitable for development, agriculture, or recreation.
• Excellent location: Just 10 miles southwest of Midland and minutes from Greenwood, with easy access to Texas State Highway 158.
• Divisible into tracts of 90±, 200±, or 338± acres, offering flexibility for buyers.

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FAQs

What type of property is this?

Agricultural land / Farmland - Versatile land tract near Midland, suitable for development or recreation.

Where is this agricultural land / farmland located?

The property is located at TBD 338ac Fm-1379 Midland, TX.

What is the asking price?

The asking price for this property is $5,239,000.

What are key features of this property?

This property features: Versatile 338± acre ranch property suitable for development, agriculture, or recreation.; Excellent location: Just 10 miles southwest of Midland and minutes from Greenwood, with easy access to Texas State Highway 158.; Divisible into tracts of 90±, 200±, or 338± acres, offering flexibility for buyers.