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Unrestricted Commercial Land Parcel
For Sale
$75,000

S County Rd 1040 lot 3, Midland, TX 79706

LAND - Midland, TX

Property SizeContact for details
Lot Size1.00 Acre
Days on Market47

Property Features for S County Rd 1040 lot 3

General Information

Property type Land
Property subtype Other
Subdivision 36-T2S
Elementary school Greenwood
Middle school James R Brooks
High school Greenwood
Elementary school district Greenwood
Middle school district Greenwood
High school district Greenwood
Standard status Active
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description Legal:1 acre out 10.408 AC OUT OF SW/4, SEC: 32, BLK: 36-T2S, LOT 3
Legal Description Legal:1 acre out 10.408 AC OUT OF SW/4, SEC: 32, BLK: 36-T2S, LOT 3

Utilities

Utilities Electricity Available
Sewer type Private Sewer
Water source Well
Listing Agency: The Real Estate Ranch LLC
Listed By: Ana Montoya · License #0764560
Added: Jul 17 Changed: Jul 22 Last Checked: Sep 1 at 4:06AM
MLS# 50096848

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 one-acre land parcel offers a quiet, open setting for a range of uses. It is presented as ready to build, with a private water well, septic system, and electricity already in place.

Located just outside the city in Greenwood ISD with convenient access to Midland, the property is suited for buyers looking for flexibility between residential and light commercial applications. The listing notes suitability for uses such as a homesite, small business, truck yard, parking for 18-wheelers, equipment storage, or a workshop.

With the existing utilities and unrestricted status, the property is positioned as a practical starting point for a new project in a rural setting.

Key Highlights

  • 1‑acre unrestricted property just outside the city, within Greenwood ISD
  • Utilities already in place: private water well, septic (private sewer), and electricity
  • Ideal for residential or commercial uses, including homesite or small business

Property Analytics

Current Use

Residential land & home ...

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Unrestricted one-acre parcel outside the city, with utilities in place, suited for residential or commercial projects.
Where is this residential land & home lot located?
The property is located at S County Rd 1040 lot 3 Midland, TX.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 1‑acre unrestricted property just outside the city, within Greenwood ISD; Utilities already in place: private water well, septic (private sewer), and electricity; Ideal for residential or commercial uses, including homesite or small business
More about this property
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