TBD 538ac Fm 1379 Midland, TX 79706

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

Listing date Mar 12, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

The Greenwood Ranch encompasses 538 acres in northeast Midland County, situated ten miles southwest of Midland and near Greenwood. The property is located outside the city limits, with access 1.5 miles from Texas State Highway 158. Featuring a square configuration and level-to-gently rolling terrain, the tract offers road frontage and visibility. An established interior road system is in place. Multiple water wells provide a water supply, and Monahans Draw forms the eastern boundary. Electric service is available. The property consists of multiple parcel IDs with reasonable restrictions possible. Active oil and gas operations are present. The ranch is available in its entirety or divided into tracts of 90, 200, or 338 acres, offering flexibility in acreage. With investment potential, the property is suited for development, agriculture, or recreational use. Only the surface estate is included; mineral rights are not conveyed.

Key Highlights

• Versatile 538± acre ranch suitable for development, agriculture, or recreation.
• Excellent location: 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 flexible purchase options.

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FAQs

What type of property is this?

Ranch - Versatile ranch property suitable for development, agriculture, or recreation.

Where is this ranch located?

The property is located at TBD 538ac Fm 1379 Midland, TX.

What is the asking price?

The asking price for this property is $8,070,000.

What are key features of this property?

This property features: Versatile 538± acre ranch suitable for development, agriculture, or recreation.; Excellent location: 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 flexible purchase options.