S County Rd 1040 lot 3 Midland, TX 79706

Listing Agency The Real Estate Ranch LLC Show Phone

6 Desta Drive Suite 1260, Midland, TX

Listed by Ana Montoya · License #0764560 Show Phone

Added: Jul 17 Checked: Jul 18 at 11:06 am

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MLS# 50096848 Listing URL

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.

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

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FAQs

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