15± Acres Inside Midland City Limits — Zoned & Engineered Development Land
Marketing description
Phase 3 of 3 - prime 15+/- acre development inside city limits. Combine with 3801 Arapahoe Rd, Midland (2 homes on 2.5 acres) for 17.5 total acres. Part of a larger 40-acre tract with multiple existing homes; additional acreage available. Corner of three streets gives multiple access points. Modular homes allowed. City water can be brought in, or use the existing 25,000-gallon storage tanks providing a strong reservoir buffer between the well and subdivision distribution. Preliminary engineering complete saving months of time and money. Water main cost may be split across phases.This offering is a contiguous 40- acre tract inside the Midland, Texas city limits, in one of the most active corners of the Permian Basin — with city water just half a mile away. The whole property is available as a single purchase, or buyers may acquire any of the three development phases or the two home listings below — with the option to combine adjacent parcels. The development phases start at just $315,000, and each can pair with an existing home to add acreage.
A turnkey runway for a builder or investor that skips 12–18 months of entitlement work — city planning has approved and zoned the acreage for 1-acre lot development, preliminary engineering is complete, and triple road frontage with multiple access points keeps 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 a high-powered booster pump system ensuring consistent pressure for irrigation and domestic use. Four large commercial-grade septic systems are already in place.
Building materials on site are available for purchase — including but not limited to steel, water pipe, and a commercial playground. The seller will consider combining adjacent tracts for up to roughly 31 gross acres not including the Homes and Home Acreage.
Investment highlights
$45,000 an Acre UNBEATABLE
Inside Midland city limits
City water just ½ mile away
Zoned & approved for lots to build home or Modular homes
Triple road frontage / multiple access points
Preliminary engineering complete
Two 25,000-gallon water well storage tanks w/ high-pressure pump
Well water, no HOA
Building materials available for purchase
15± Acres — Largest of Three Development Phases | Midland, TX