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Unrestricted Acreage with Well
For Sale
$89,900

FM 1213, Midland, TX 79706

LAND - Midland, TX

Property SizeContact for details
Lot Size1.00 Acre
Days on Market52

Property Features for FM 1213

General Information

Property type Land
Property subtype Other
Subdivision Chase Five addition
Elementary school Bunche
Middle school Goddard
High school Midland
Elementary school district Midland
Middle school district Midland
High school district Midland
Standard status Active
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description 1 acre Out 2.60 Acres Out of 10.409, BLK: 001, LOT: 002, ADDN: CHASE FIVE ADDITION, SEC: 002
Tax Annual Amount 100
Legal Description 1 acre Out 2.60 Acres Out of 10.409, BLK: 001, LOT: 002, ADDN: CHASE FIVE ADDITION, SEC: 002

Utilities

Water source Well
Listing Agency: The Real Estate Ranch LLC
Listed By: Ana Montoya · License #0764560
Added: Jul 11 Changed: Aug 17 Last Checked: Aug 31 at 11:06PM
MLS# 50096665

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 unrestricted 1-acre land parcel includes a capped water well and offers flexibility for residential and/or commercial development. The property is being marketed for options to build a home, a business, or both.

It is located in a high-traffic area with visibility and access, providing straightforward prospects for future use.

The offering consists of a single land lot with no building improvements described in the provided information.

Key Highlights

  • 1‑acre unrestricted property
  • Capped well water source on‑site (well)
  • Land suited for residential and commercial use

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Water rights

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Unrestricted 1-acre parcel with a capped water well in a high-traffic area.
Where is this commercial land located?
The property is located at FM 1213 Midland, TX.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: 1‑acre unrestricted property; Capped well water source on‑site (well); Land suited for residential and commercial use
More about this property
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