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Residential Land Tract
For Sale
$150,000

12313 County Rd 151, Midland, TX 79706

LAND - Midland, TX

Property SizeContact for details
Lot Size4.73 Acres
Days on Market53

Property Features for 12313 County Rd 151

General Information

Property type Land
Property subtype Other
Subdivision Greenwood
Elementary school Greenwood
Middle school Greenwood
High school Greenwood
Elementary school district Greenwood
Middle school district Greenwood
High school district Greenwood
Standard status Active
Lot size 4.73 Acres

Taxes and HOA fees

Tax Description Acres: 4.730, Legal :BLK 007, Lot 002, Jaz Acres
Tax Annual Amount 882
Legal Description Acres: 4.730, Legal :BLK 007, Lot 002, Jaz Acres

Utilities

Utilities Electricity Available
Water source Well
Listing Agency: Legacy Real Estate
Listed By: Crystal Lara · License #0715624
Added: Jun 18 Changed: Aug 5 Last Checked: Aug 9 at 9:06PM
MLS# 50096054

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 offering is a 4.73-acre parcel of residential land in Midland, Texas. The tract provides space for a custom home build or for buyers looking to create a small ranch setting. The property is presented as a flexible site for those prioritizing room to spread out and control their own development plans.

The land is located at 12313 County Rd 151, Midland, TX 79706, with convenience to Greenwood schools noted in the listing materials. Buyers will want to review access, utilities, and site conditions directly as part of their due diligence for any planned construction.

For prospective homeowners, the parcel can support a residential build with enough acreage to accommodate lifestyle and landscaping preferences. For investors or owner-users, it may also serve as a holding or development site given its size and residential land classification. If you’re considering a single build or a small-ranch use, this tract offers a straightforward canvas to plan around—without requiring you to work around an existing building footprint.

Key Highlights

  • 4.73‑acre residential land tract for building, ranch use, or investment
  • Utilities include electricity available
  • Water source is a well

Property Analytics

Current Use

VG Ranch Ranch

Suggested Use

Top Pick Garden Center Big Box & Wholesale Store Bed & Breakfast Hotel & Motel Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

17
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - A 4.73-acre tract near Greenwood schools, suited for building a home or setting up a small ranch.
Where is this residential land & home lot located?
The property is located at 12313 County Rd 151 Midland, TX.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 4.73‑acre residential land tract for building, ranch use, or investment; Utilities include electricity available; Water source is a well
More about this property
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