7 of 40± Acres in the Heart of the Permian Basin (Phase 1)

Phase 1 of 3 - prime 7+/- acre development inside city limits. Combine with 6709 N Elkins Rd (home on 2 acres) for 9 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. Infrastructure is already in: four commercial-grade septic systems and two 25,000-gallon storage tanks providing a strong reservoir buffer between the well and subdivision distribution. Preliminary engineering complete. Phase 1 is the most budget-friendly of the three 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. Phase 1 is upgraded with four commercial-grade septic systems in place and ran to each lot. A rare development assemblage — available as a whole, in three development phases, or as two home listings 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 Development phases start at just $315,000 Each phase can pair with an existing home to add acreage Seller will consider combining adjacent tracts for up to roughly 32+/- gross acres Modular homes allowed City water just half a mile away