Listing Agency: The Real Estate Ranch LLC Show Phone

Listed By: Thomas Johnston ABR /CNHS · License #542176 Show Phone

Added: Sep 2, 2025 Changed: Jul 22 Last Checked: Aug 29 at 10:06PM

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MLS# 50084995

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.

This legendary ranch, a Greenwood landmark for over 30 years, is available for sale. The property includes a 2000 sqft home, a 3000 sqft shop, horse stalls, goat pens, and a park-like pond with a windmill. The pond contains giant catfish and a huge mule. Encompassing 121.9 acres, this property presents an investment opportunity to create a legacy ranch or develop the next big thing in Greenwood. The property is located in Midland, Texas.

Key Highlights

• Potential for well development.
• Historical mini donkey ranch, a Greenwood landmark.
• 2000 sqft home with a 3000 sqft shop.

Property Analytics

Property Profile

Current Use

Ranches

Suggested Use

Top Pick Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Pharmacy Cafe & Coffee Shop Barber Shop

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

58

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 - Historical ranch with home, shop, stalls, pens, and pond.

Where is this ranch located?

The property is located at 8300 FM 307 Midland, TX.

What is the asking price?

The asking price for this property is $4,280,456.

What are key features of this property?

This property features: Potential for well development.; Historical mini donkey ranch, a Greenwood landmark.; 2000 sqft home with a **3000 sqft shop**.