Planned High School Development
For Sale
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5501 Thomason Dr, Midland, TX 79703
Commercial land positioned for a new high school with a scheduled groundbreaking in Summer 2025.
Lot Size1.00 Acre
Days on Market463
Property Features for 5501 Thomason Dr
General Information
Standard status
Active
Lot size
1.00 Acre
Property subtype
LAND
Listing Agency:
The Retail Connection | Dallas
(214) 236-9501
Listed By:
Steve Greenberg · License #352890
(214) 236-9501
Source:
Moodyscre
Added: Apr 24, 2025
Changed: Jul 29
Last Checked: Jul 30 at 9:50AM
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 The Retail Connection | Dallas
Investment Insights
Based on property information with market context.
This commercial land parcel is associated with a planned new Legacy High School, with groundbreaking slated for Summer 2025 and opening targeted for Fall 2028. The project is described as an approximately $450M build and notes an academic capacity of 3,800 students.
The public remarks indicate additional school updates and new construction tied to the broader district effort, including renovations to five middle schools and the creation of a second new Midland High School in the Lone Star Trails subdivision, as well as a new elementary school to be built in northeast Midland.
The property is listed at 5501 Thomason Dr, Midland, TX 79703, and the remarks state that Legacy High School is located across the street from Westridge Land.
The public remarks indicate additional school updates and new construction tied to the broader district effort, including renovations to five middle schools and the creation of a second new Midland High School in the Lone Star Trails subdivision, as well as a new elementary school to be built in northeast Midland.
The property is listed at 5501 Thomason Dr, Midland, TX 79703, and the remarks state that Legacy High School is located across the street from Westridge Land.
Key Highlights
- Commercial land positioned for a new high school with scheduled groundbreaking in summer 2025
- Estimated $450M build for the new legacy high school
- Planned opening in fall 2028
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
530
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 - Commercial land positioned for a new high school with a scheduled groundbreaking in Summer 2025.
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: Commercial land positioned for a new high school with scheduled groundbreaking in summer 2025; Estimated $450M build for the new legacy high school; Planned opening in fall 2028
