The Hicks Ranch is a historic and significant property in North East Midland County and just minutes from the City of Midland. The property is square in shape and generally flat with some gentle roll and long distant views.
The property has great investment potential given the ample amount of road frontage, shape, and visibility or could be a used for recreation or agriculture purposes.
History: The owner is offering this tract for the first time in over 100 years. This ranch was part of the iconic Buchannan Ranch that produced the first producing well in Midland County in 1944. An official Texas Historical Marker commemorating the discovery of oil in Midland County was dedicated in 1968 at a point nine miles east of Midland along State Highway 158.
Land/Wildlife: The Hicks Ranch has not been hunted in many years. On the ranch, you can find coveys of Blue Quail, Coyote, Deer, and other fur bearing animals. The land is has been well cared for and has a solid interior road system.
Water: The ranch has several water wells of various capacity. Monahans Draw sits just East of the property.
Minerals: no minerals or mineral interest will convey with the sale. O&G activity present.
Electric: currently servicing property.
Location: outside of Midland City Limits & ETJ.
Midland … 14 miles
Greenwood … 4.9 miles
TX State Highway 158 … 1.5 miles
Price: $11,298,672 or $21,000/acre
Additional: property is comprised of several parcel numbers.
Showing Instructions: Contact listing agent Colton Harbert for private appointment 806-335-5867.
Capitol Ranch Real Estate is happy to co-broker, however, the buyer’s agent must make first contact and be present for all showings to receive full compensation at the discretion of Capitol Ranch Real Estate.
While Capitol Ranch Real Estate, LLC and agents have used reasonable efforts in collecting and preparing the materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside resources, Capitol Ranch Real Estate, LLC makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here. Any legal or other information found on this page or other sites to which we link should be verified before it is relied upon.
Real Estate buyers are hereby notified that properties in the State of Texas are subject to many forces and impacts, natural and unnatural; including, but not limited to weather-related events, environmental issues, disease (e.g. Oak Wilt, Chronic Wasting Disease, or Anthrax), invasive species, illegal trespassing, previous owner actions, actions by neighbors and government actions. Prospective buyers should investigate any concerns to their satisfaction.