This property within Midland County stands out due to its significant size and strategic location southeast of Midland, Texas. The ranch spans 200 acres and is situated just a short distance from Midland City. The land boasts a rectangular shape with mainly flat terrain, coupled with subtle elevations that enhance the landscape and offer impressive panoramic views.
Its advantageous placement, generous road frontage, clear-cut boundaries, and excellent visibility make it a compelling investment opportunity. Beyond its potential for development, the ranch opens doors to versatility, catering to a range of uses, whether recreational or agricultural.
The property comes with a rich historical backdrop. It remained under the ownership of a single family for over a century before being made accessible to the public. It's intricately linked with the renowned Buchannan Ranch, known for yielding Midland County's first productive oil well back in the 1940s. Adding to its historical value is an official Texas Historical Marker erected along State Highway 158 in 1968. This marker commemorates the pioneering oil discovery in Midland County, positioned nine miles east of Midland.
Water: 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: $3,600,000 or $18,000/ACRE
Note: this 200+- acres will be surveyed out of a larger tract, and the final boundary and acreage may change. Buyers will verify and be responsible for gate/acccess from the road.
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.
From Greenwood, drive approx 5 miles south and the property will be on the right hand side. Conract agent for GPS coordinates