5100 Farm To Market 307 Midland, TX 79706
- Land
- 7.11 lot acres
Current Use by Public Records
- Land
Property Details for 5100 Farm To Market 307
- Lot size
- 7.11 lot acres
- Property type
- Land
Description
This exceptional 7.11-acre property, situated at the corner of FM 307 and SCR 1140 in Greenwood, Texas, presents a unique opportunity for residential development. Zoned exclusively for residential use, this land offers ample space for a single-family home with room for additional amenities such as a roping area. Alternatively, the acreage is well-suited for a small-scale residential subdivision. The property boasts a convenient location in Midland County, with the address listed as 5100 Farm to Market 307, Midland, TX 79706. Existing infrastructure includes a perimeter pipe fence, providing a degree of security and privacy, and a functioning water well, reducing the initial development costs. The asking price for this desirable parcel is $335,000. This is a rare chance to acquire a substantial piece of land in a tranquil setting, ready for immediate development to meet a variety of residential needs. The property's size and location make it an attractive investment for those seeking a peaceful residential setting with the potential for significant returns.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -101.995
- Latitude
- 32.0035
