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$18,000,000
17 Days Online

3900 N Fm 1788
Midland, TX 79707

For Sale|Land|Active
Subdivision:
None
County:
Midland

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Call Now: 1-817-781-0546
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1-817-781-0546
3900 N Fm 17883900 N Fm 17883900 N Fm 17883900 N Fm 1788
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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.

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Listing Snapshot
Price 
$18,000,000
Days Online 
17 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
161 Acres
Year Built 
N/A
MLS Number 
20239794
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
3 weeks agoListing first seen online
General Features
Zoning 
none
Restrictions 
None
Interior Features
Utilities 
Outside City LimitsPrivate SewerPrivate Water
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Exterior Features
Soil Type 
Sandy Loam
Road Frontage 
FM Road
Lot Features 
Agricultural
Fencing 
Barbed Wire
Schools
School District
Midland ISD
Elementary School
Fannin
Middle School
Unknown
High School
Lee
Listing courtesy of Brent Graves of ALLIANCE REALTY & AUCTION 254-965-4040



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Last Updated: 2023-02-03 01:30 PM CST

Neighborhood & Commute
Source: Walkscore
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