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Commercial Land with Water Well
New
For Sale
$655,000

E FM 1213, Midland, TX 79706

Land, Midland, TX

Property SizeContact for details
Lot Size10.40 Acres
Days on Market5

Property Features for E FM 1213

General Information

Property type Land
Property subtype Other
Fencing Barbed Wire
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 10.40 Acres

Taxes and HOA fees

Tax Description Legal: Acres: 10.408, Subd: CHASE FIVE ADDITION, BLK: 001, LOT: 003, ADDN: CHASE FIVE ADDITION, SEC: 002
Tax Annual Amount 96
Legal Description Legal: Acres: 10.408, Subd: CHASE FIVE ADDITION, BLK: 001, LOT: 003, ADDN: CHASE FIVE ADDITION, SEC: 002

Utilities

Water source Well
Listing Agency: The Real Estate Ranch LLC
Listed By: Ana Montoya · License #0764560
Added: Sep 4 Changed: Sep 7 Last Checked: Sep 8 at 8:06AM
MLS# 50098080

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 10.4-acre commercial land tract is located on E FM 1213 in Midland, Texas. The property has no stated restrictions, one water well, and barbed-wire fencing. The source information identifies potential for residential or commercial applications, including an RV park, truck parking, equipment yard, storage, mobile homes, or broader commercial development. The tract is described as being along a high-traffic commercial avenue with access and visibility characteristics suited to a range of land-use concepts.

Key Highlights

  • 10.4‑acre commercial land tract
  • Located on E FM 1213 in Midland, TX 79706
  • No restrictions stated in the property information

Property Analytics

Current Use

Commercial land

Location Intelligence

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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Unrestricted tract with a water well and barbed-wire fencing.
Where is this commercial land located?
The property is located at E FM 1213 Midland, TX.
What is the asking price?
The asking price for this property is $655,000.
What are key features of this property?
This property features: 10.4‑acre commercial land tract; Located on E FM 1213 in Midland, TX 79706; No restrictions stated in the property information
More about this property
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