1040 Tract 2Midland, TX 79782

For Sale
$594,000

54 Acres, Unrestricted Development

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 54-acre tract of land presents a unique investment opportunity in Midland, Texas. Located just south of I-20, near County Road 1900 and County Road 1040, this unrestricted property offers a multitude of development possibilities. Its prime location provides convenient access to major transportation routes. The property boasts existing infrastructure, including three-phase electric service along the eastern boundary with an underground drop to the center, and single-phase service to a neighboring tract on the west. An unpaved road right-of-way on County Road 3201 provides northern access. The land itself is characterized by diverse terrain and wildlife, including observed bobcats, coyotes, and a significant quail population. The property's unrestricted zoning allows for a wide range of uses, including, but not limited to, RV parks, dirt bike facilities, dirt/caliche sales, and water sales. While currently listed as a single 54-acre parcel, the property is potentially divisible, offering flexibility for various development scenarios. The Greenwood School District serves this area. This is an ideal opportunity for investors seeking a versatile and strategically located land parcel with significant development potential. The asking price for this expansive tract is $594,000.

Highlights

  • 54-acre unrestricted development tract in Midland, TX.
  • Served by the Greenwood School District.
  • Potential uses include RV park, dirt bike facility, and sales of dirt/caliche and water.

Property Details for 1040 Tract 2

Property type
Other land, Other industrial properties
Lot Size (sq. ft)
2,352,240 SF

Location Insight

City
Midland
County
Midland
State
Texas
Latitude
32.0817
Longitude
-101.83067
1040 Tract 2, Midland, Texas

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1040 Tract 2
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