0000 Elkins Rd Stanton, TX 79782
This exceptional 156-acre parcel of raw land presents a unique investment opportunity in the thriving Midland, Texas market. Located at 0000 Elkins Rd, Midland, TX 79782, in Midland County, this expansive property offers endless possibilities for residential development. The land is currently undeveloped, providing a blank canvas for a visionary project. The asking price is $3,490,000. No utilities are currently available on the site. Access is via Loop 250 East, turning left onto Elkins Road, continuing until the road transitions to a dirt road. The property will be situated on the west side of the road. The property's substantial size (156.8 acres) allows for a large-scale development, catering to a variety of residential needs. Its location in Midland, TX, offers proximity to the city's amenities and infrastructure, making it an attractive location for potential residents. This is a rare opportunity to acquire a significant land holding in a rapidly growing area. Buyers are responsible for conducting their own due diligence regarding zoning, permitting, and utility connections. The property is zoned for residential use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.