A prime 14.58± gross-acre development opportunity inside the city limits, in one of the most active corners of the Permian Basin — and a rare low basis at just $45,000 per acre.
This tract is part of a larger 40-acre assemblage and comes city-approved and zoned for 1-acre lot development with preliminary engineering already complete — a turnkey runway for a builder or investor that skips 12–18 months of entitlement work. Triple road frontage and multiple access points make phasing and lot layout flexible.
City water sits about a half-mile away, and two 25,000-gallon storage tanks already on site create a significant reservoir buffer between the well and a future subdivision distribution system using high powered Booster Pump System Ensuring consistent pressure for irrigation & domestic use. . Building materials on site are available for purchase. Materials available for purchase include but aren't limited to, steel, water pipe, commercial play ground. Seller will consider combining adjacent tracts for up to roughly 31 gross acres.
Whether you're a homebuilder looking for shovel-ready dirt or an investor seeking a low-basis Permian Basin land bank or 1031 exchange, this tract is ready to go.
Available on its own or combined with neighboring acreage. Contact for a full listing package.
Also available (cross-sell)
This tract is part of a 40± acre property available as a whole (Tract 1) or in five separate tracts, including (Tract 2) 14.58± acre development tract (Tract 3) 16.14 acre development tract also $45K/acre) (tract 4) Known as 3801 Arapahoe Rd Midland, TX 79705 2.5 acres multi home property, and (tract 5) known as 6709 N Elkins Rd Midland, TX 79705 3.5 acres with 1 home and a 6,260 SF mega shop.)