Commercial Land for New High
For Sale
Contact for pricing
5501 Thomason Dr, Midland, TX 79703
Land associated with a planned new high school project, with groundbreaking in Summer 2025 and opening targeted for Fall 2028.
Property SizeContact for details
Lot Size1.16 Acres
Days on Market503
Property Features for 5501 Thomason Dr
General Information
Standard status
Active
Lot size
1.16 Acres
Property subtype
LAND
Listing Agency:
The Retail Connection | Dallas
(214) 572-0777
Listed By:
Steve Greenberg · License #352890
(214) 236-9501
Source:
Moodyscre
Added: Apr 24, 2025
Changed: Aug 8
Last Checked: Jul 24 at 4:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Retail Connection | Dallas
Investment Insights
Based on property information with market context.
This commercial land offering is tied to a planned Legacy High School development. The project calls for groundbreaking in Summer 2025 with an opening targeted for Fall 2028, supporting an academic capacity of 3,800 students.
The provided materials also reference additional school improvements and construction, including updates and renovations to five middle schools, a second new Midland High School to be built in the Lone Star Trails subdivision, and a new elementary school to be built in northeast Midland. The site is described as located across the street from Westridge Land.
As presented, the development is positioned as a major regional investment, with an approximate $450M build and stated energy and economic context for West Texas, including figures tied to the Permian Basin.
The provided materials also reference additional school improvements and construction, including updates and renovations to five middle schools, a second new Midland High School to be built in the Lone Star Trails subdivision, and a new elementary school to be built in northeast Midland. The site is described as located across the street from Westridge Land.
As presented, the development is positioned as a major regional investment, with an approximate $450M build and stated energy and economic context for West Texas, including figures tied to the Permian Basin.
Key Highlights
- Land associated with a planned new high school project
- Groundbreaking scheduled for Summer 2025
- Opening targeted for Fall 2028
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Explore this area
Business Placement
Demographics for 79703, TX
21,205
Population
8,110
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,262
Density / Sq Mi
$80,281
Median Household Income
$44,977
Median Earnings
$1,466
Median Rent
$220,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Land associated with a planned new high school project, with groundbreaking in Summer 2025 and opening targeted for Fall 2028.
Where is this commercial land located?
The property is located at 5501 Thomason Dr Midland, TX.
What are key features of this property?
This property features: Land associated with a planned new high school project; Groundbreaking scheduled for Summer 2025; Opening targeted for Fall 2028
