538-Acre Ranch Near
For Sale
$8,070,000
TBD 538ac FM 1379, Midland, TX 79706
Versatile ranch property suitable for development, agriculture, or recreation.
Property SizeContact for details
Lot Size538.00 Acres
Days on Market370
Property Features for TBD 538ac FM 1379
General Information
Standard status
Active
Lot size
538.00 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$24
Amenities
No
Well
538
Other
Gravel
Farm to Market Road
Listing Agency:
Capitol Ranch Real Estate
(832) 564-5180
Listed By:
Anna Hayner · License #0667827
(832) 564-5180
Source:
Garygreene
Added: Aug 20, 2025
Changed: Aug 23
Last Checked: Aug 23 at 5:50AM
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.
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.
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?
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.
