3900 N Fm 1788, Midland, 79707

Land - Unimproved Land For Sale in none


MLS® #: 20239794

This is an oasis of water! 161 Acres located between Midland and Odessa less than 5 miles to Midland International Airport. Approximately 1042’ of 1788-349 Commercial frontage. Property has 40 income producing water wells that pump from the Ogalala Aquifer. These wells tested 50,000+ bbls of H2O production. Pre-Development Hydrology report confirms annual production capability of 17.5 to 21 million bbls. 575,000 bbls open pit capacity with flat line delivery to 8 section O&G lease. A 3,000,000 cu yd caliche reserve (grade 1) is located on the far end of the property. Property is 90% Ag Exempt. Electricity is metered by a single primary meter, overhead lines were installed by seller and are owned by the property, eliminating electricity delivery charges for the wells. Contact listing agent for all hydrology reports, surveys, etc.

Essential Information

MLS® #: 20239794
Price: $18,000,000
Bathrooms: 0.00
Acres: 161.00
Type: Land
Sub-Type: Unimproved Land
Status: Active

Community Information

Address: 3900 N Fm 1788
Subdivision: none
City: Midland
County: Midland
State: TX
Zip Code: 79707


Utilities: Outside City Limits, Private Sewer, Private Water


Lot Description: Agricultural

School Information

District: Midland ISD
Elementary: Fannin
High: Lee

Additional Information

Zoning: none

Listing Details

Listing Agent: Brent Graves

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Listing information last updated on September 21st, 2023 at 5:03pm CDT.