Midland 338

Property details

  • County: Midland
  • Type: Recreational Property, Undeveloped Land, Commercial Property
  • City: Midland
  • Price: $6,422,000
  • Acres: 338.00
  • State/Zip: Texas 79706
  • Status: Available

Property description

This Midland County property is a signifigant and well positioned ranch South East of Midland, Texas. The 338-acre ranch sits minutes from the bustling City of Midland. The property boasts a rectangular shape with predominantly level terrain, featuring subtle undulations that provide an elegant touch to its landscape, with captivating panoramic views.

Its strategic positioning, abundant road frontage, well-defined shape, and remarkable visibility underscore its tremendous potential as an investment opportunity. Beyond its development prospects, the ranch presents versatile possibilities, whether for recreational pursuits or agricultural use.

A rich historical narrative enriches this property. After remaining in the ownership of a single family for over a century, this ranch is being made available to the public for the first time. It holds a significant place in history as part of the renowned Buchannan Ranch, which notably yielded Midland County's inaugural producing well back in the 140's. The historical resonance is further captured by an official Texas Historical Marker, unveiled in 1968 along State Highway 158, commemorating the pioneering oil discovery within Midland County, situated nine miles east of Midland.

Encompassing not only land but also an array of thriving wildlife, the Hicks Ranch has refrained from hunting activities for numerous years. Within its boundaries, the landscape plays host to congregations of Blue Quail, Coyotes, Deer, and other notable fur-bearing creatures. This pristine environment has been nurtured and maintained with the utmost care, as evidenced by the well-constructed interior road network that enhances accessibility across the ranch's expanse.

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: $6,422,000 or $19,000/AC

Note: this 338+- 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.

Useful documents

Property Map / Directions

From Greenwood, drive approx 5 miles south and the property will be on the right hand side. Conract agent for GPS coordinates

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