TBD 538ac, Midland, TX 79706 - Midland County

538 acres | Midland, TX

The Greenwood Ranch consists of 538 acres in northeast Midland County, located just ten miles southwest of Midland and minutes from Greenwood. The property lies outside the city limits with direct access only 1.5 miles from Texas State Highway 158. Its square configuration, level-to-gently rolling terrain, and long-distance views make it a versatile tract with excellent road frontage and visibility.

The ranch is available as a whole or in divided tracts of 90, 200, or 338 acres, or flexibility in acreage for prospective buyers. With strong investment potential, the property is well-suited for development, agriculture, or recreational use.

History

Held by the same family for over 100 years, the ranch was once part of the Buchannan Ranch, home to Midland County’s first producing oil well in 1944. A Texas Historical Marker along State Highway 158 commemorates this discovery.

Land & Wildlife

The property has not been hunted in years and supports populations of blue quail, deer, coyote, and other native wildlife. It has been carefully maintained and features an established interior road system.

Water

The ranch includes multiple water wells of varying capacity, with Monahans Draw located along the eastern boundary.

Minerals

Surface estate only; no minerals convey. Active oil and gas operations are present on the ranch.

Utilities

Electric service is currently in place.

Additional:

Some reasonable restrictions may be put in place. Multiple parcel ID's make up the ranch.

Location

Outside Midland City Limits & ETJ

10+- miles to Midland

4.9+- miles to Greenwood

1.5+- miles to TX State Highway 158