Agricultural Land with Water
For Sale
$5,239,000
Tbd 338-ac Tbd 338-ac Fm-1379, Midland, TX 79706
Level-to-gently rolling acreage outside city limits with wells, electric service, interior roads, and an eastern boundary along Monahans Draw.
Property SizeContact for details
Days on Market559
Property Features for Tbd 338-ac Tbd 338-ac Fm-1379
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$1,260
Amenities
No
Listing Agency:
Capitol Ranch Real Estate
(806) 335-5867
Listed By:
Colton Harbert · License #0667827
(806) 335-5867
Source:
Compass
Added: Feb 17, 2025
Changed: Aug 29
Last Checked: Aug 29 at 5:01PM
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 Capitol Ranch Real Estate
Investment Insights
Based on property information with market context.
This agricultural land holding encompasses approximately 338 acres in northeast Midland County, with a square configuration and level-to-gently rolling terrain. Multiple water wells, electric service, and an established interior road network support the property’s existing rural layout. Monahans Draw forms the eastern boundary, while active oil and gas operations are present. The surface estate is conveyed without mineral rights.
The property is outside city limits and located approximately ten miles southwest of Midland and near Greenwood. Access is 1.5 miles from Texas State Highway 158. The tract may be acquired as a whole or divided into approximately 90-acre, 200-acre, or 338-acre configurations, with additional acreage flexibility noted. Multiple parcel IDs are included, and reasonable restrictions may be possible.
The property is outside city limits and located approximately ten miles southwest of Midland and near Greenwood. Access is 1.5 miles from Texas State Highway 158. The tract may be acquired as a whole or divided into approximately 90-acre, 200-acre, or 338-acre configurations, with additional acreage flexibility noted. Multiple parcel IDs are included, and reasonable restrictions may be possible.
Key Highlights
- Approximately 338± acres in northeast Midland County
- Available as approximately 90±, 200±, or 338± acre tracts
- Multiple water wells and electric service in place
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Level-to-gently rolling acreage outside city limits with wells, electric service, interior roads, and an eastern boundary along Monahans Draw.
Where is this agricultural land / farmland located?
The property is located at Tbd 338-ac Tbd 338-ac 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: Approximately 338± acres in northeast Midland County; Available as approximately 90±, 200±, or 338± acre tracts; Multiple water wells and electric service in place
