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Land for Multifamily Development
For Sale
$90,000

803 S Lamesa Rd, Midland, TX 79701

Land, Midland, TX

Property SizeContact for details
Lot Size0.28 Acres
Days on Market249

Property Features for 803 S Lamesa Rd

General Information

Property type Land
Property subtype Other
High school Midland
Elementary school district Midland
Middle school district Midland
High school district Midland
Subdivision MF7
Standard status Active
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description Legal: Acres: 0.130, BLK: 060, LOT: 014 LESS W 7, ADDN: PARK AVENUE, HEIGHTS SEC 2
Tax Annual Amount 172
Legal Description Legal: Acres: 0.130, BLK: 060, LOT: 014 LESS W 7, ADDN: PARK AVENUE, HEIGHTS SEC 2
Listing Agency: NRG Realty Group, LLC
Listed By: Justin Dodd · License #9004023
Added: Feb 10 Changed: Oct 12 Last Checked: Oct 17 at 6:06AM
MLS# 50090753

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.

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Investment Insights

Based on property information with market context.

Located on Lamesa Rd in Midland, TX, this property consists of two lots totaling 0.28 acres. The lots are situated within Midland city limits and are currently zoned for multifamily development. The sites are rectangular, with approximate dimensions of 55 feet by 110 feet. The area is currently undeveloped and presents the potential for rezoning to accommodate other uses.

Key Highlights

  • Located within Midland city limits
  • Zoned for multifamily development
  • Potential for rezoning for other uses

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Gym & Fitness Center Pharmacy (Bike/Boat/Book/etc) Store Skin Care Clinic Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

448
Businesses Nearby

Demographics for 79701, TX

29,748
Population
11,393
Households
2.6
Avg Household Size
33
Median Age
19%
College-Educated
73%
High-School Grad
12.1 sq mi
ZIP Area
2,459
Density / Sq Mi
$57,679
Median Household Income
$36,213
Median Earnings
$1,336
Median Rent
$204,000
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 0.28 acre lot zoned for multifamily development in Midland.
Where is this residential land & home lot located?
The property is located at 803 S Lamesa Rd Midland, TX.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Located within Midland city limits; Zoned for multifamily development; Potential for rezoning for other uses
More about this property
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