TBD 338ac, Midland, TX 79706 For Sale

338 acres | Midland, TX This 338± 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 other acreage, offering flexibility 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 in the area. Utilities Electric service is currently in place. Location Outside Midland City Limits & ETJ 14 miles to Midland 4.9 miles to Greenwood 1.5 miles to TX State Highway 158