Multi-Use Acreage with Paved
For Sale
$550,000
2408 E FM 1787, Odessa, TX 79766
LAND - Odessa, TX
Property SizeContact for details
Lot Size40.00 Acres
Days on Market160
Property Features for 2408 E FM 1787
General Information
Property type
Land
Property subtype
Other
Subdivision
T-4-S
Elementary school district
Ector
Middle school district
Ector
High school district
Ector
Standard status
Active
Lot size
40.00 Acres
Taxes and HOA fees
Tax Description
40+/- Acres out of T-4-S BLK 42 SEC 02 (CARD #7) TRACT 3, (acreage taken out for road)
Legal Description
40+/- Acres out of T-4-S BLK 42 SEC 02 (CARD #7) TRACT 3, (acreage taken out for road)
Listing Agency:
The Real Estate Ranch LLC
(432) 688-8200
Listed By:
Thomas Johnston ABR /CNHS · License #542176
(512) 970-1610
Added: Mar 18
Changed: Jul 22
Last Checked: Aug 24 at 11:06AM
MLS# 50093664
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.
Forty acres south of Odessa, Texas offering multiple potential uses including an oilfield yard, an equestrian center, or possible development. The property includes 957 feet of paved frontage along FM 1787 and is described as having no flood plain, with only one plains pipeline on the entire property.
The land adjoins the Yellow Rose Ranch and is noted to be under a half mile from the Tres Amigos Racetrack and Event Center. Address information for the property is 2408 E FM 1787, Odessa, TX 79766 (Ector County).
The land adjoins the Yellow Rose Ranch and is noted to be under a half mile from the Tres Amigos Racetrack and Event Center. Address information for the property is 2408 E FM 1787, Odessa, TX 79766 (Ector County).
Key Highlights
- 40 Acres with Development Potential: Ideal for an oilfield yard, equestrian center, or future development.
- Excellent Frontage: Benefit from 957' of paved frontage on 1787.
- No Flood Plain: The entire property is outside the flood plain, offering peace of mind.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 79766, TX
9,688
Population
3,516
Households
2.8
Avg Household Size
33
Median Age
10%
College-Educated
58%
High-School Grad
305.0 sq mi
ZIP Area
32
Density / Sq Mi
$70,965
Median Household Income
$41,913
Median Earnings
$1,100
Median Rent
$151,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - 40-acre tract with 957 feet of paved frontage, suitable for oilfield yard, equestrian center, or development uses.
Where is this agricultural land / farmland located?
The property is located at 2408 E FM 1787 Odessa, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 40 Acres with Development Potential: Ideal for an oilfield yard, equestrian center, or future development.; Excellent Frontage: Benefit from 957' of paved frontage on 1787.; No Flood Plain: The entire property is outside the flood plain, offering peace of mind.
