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$200,000

NAL Estimated Property Value

6912 S County Road 1040, Midland, TX, 79706

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesPrivate Entrance, Private Yard

About this property

GREENWOOD ISD!!!!! This vacant 10-acre land lot in Midland, TX. House pad ready to build your dream home or investment property. Located on S County Road 1040, this property is ready for for your dream home. Property is on a paved county road. Property has a 25GPM water well, electricity. A pond has been dug with a dock frame in place. Property this size, is scarce in Greenwood ISD. Get away from the hustle and bustle of 307 and live in the country. Enjoy evening rides down the county roads in the country on your side by side or on your horses. Don't miss this opportunity to create the perfect property in a desirable location. This area is restricted as there is no RV parks, businesses, or mobile homes allowed.

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$0Estimated Mortgage Balance
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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Midland

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6912 S County Road 1040 | Property Details | No Agent List