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Tract E FM 307, Midland, TX 79706

For Sale

$550,000

1.7 acres

Estimated Payment

$ 2,870 /mo. †

6.65% APR for 30 yrs.
$546 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 1.7 acres
    Lot size

Explore this Property

GREAT LOCATION IN GREENWOOD GROWTH LOCATED ON FM 307. 2 AVAILABLE LOTS 1.7 ACRES EACH. OUT OF THE CITY ZONING. TREATED WATER ACCESS AVAILABLE PER SELLER. HIGH VISIBILITY LOCATION IN FRONT OF THE RECENT BETENBOUGH HOME DEVELOPMENT AND ACROSS FROM THE BILLY BRYANT BASEBALL COMPLEX. COMMERCIAL DEVELOPMENT PROPERTY FOR A NEW BUSINESS OR RESTAURANT DON'T MISS OUT ON THIS OPPORTUNITY!
MLS# 50078367

Courtesy Of MO MC LLC

(432) 520-5151

Property Features

  • Architecture Style
    Other
  • Lot Size
    1.7 Acres

Map and Directions

Directions to Tract E FM 307, Midland, TX 79706

Home seller CENTURY 21 The Edge

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CENTURY 21 The Edge

(432) 617-3053
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,825
  • Property Taxes
    $45
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,870

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Greenwood Elementary School

Grades PK-2 Public School

Midland, TX 79706 4.4 miles
10800 hwy 307

729 total students
15:1 Student teacher ratio

School Details

Greenwood Intermediate School

Grades 3-5 Public School

Midland, TX 79706 4.7 miles
2711 fm 1379

684 total students
14:1 Student teacher ratio

School Rating: C-

School Details

James R Brooks Middle School

Grades 6-8 Public School

Midland, TX 79706 4.7 miles
2511 fm 1379

688 total students
14:1 Student teacher ratio

School Rating: C

School Details

Greenwood High School

Grades 9-12 Public School

Midland, TX 79706 4.5 miles
2600 fm 1379

744 total students
13:1 Student teacher ratio

School Rating: C+

School Details
Other Nearby Schools Distance Type Grades School Rating
Holy Cross Catholic High School 4.8 miles Private 9-12
Washington Stem Academy 5 miles Public KG-6
Bunche Elementary School 5.1 miles Public PK-6 D-

Holy Cross Catholic High School

Distance: 4.8 miles

Type Private

Grades: 9-12

Washington Stem Academy

Distance: 5 miles

Type Public

Grades: KG-6

Bunche Elementary School

Distance: 5.1 miles

Type Public

Grades: PK-6

D-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Midland, TX 79706

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Midland, TX 79706

This community’s employment is highest in the construction and transportation industries. The area’s overall household expenses are above the national average.

95° July
Hottest Average Month
29° January
Coldest Average Month
11,531 Total Households in Area
2.3% Increase in population since the year 2010
55.5%
of households
have children
26 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Midland, TX 79706

Midland, TX 79706 has a population of 32,147 people in 11,531 households with a median age of 32.4 years old.

2.3%
Increase in population
since the year 2010
Population is Trending up
10,274
Total households as of 2010
10%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 32.4 years old. The smallest percentage group is 35-44 years and the largest percentage is the 75-84 years age range.

Community Population By Ethnicity

White 54%
Hispanic 51%
Other 16%
Black 3%
Asian 2%
Native American <1%
The most prevalent ethnicity is White at 54%, followed by Hispanic at 51%, Other at 16%, and Black at 3%.

Economics
for Midland, TX 79706

48 /sq mi
Population Density
$102,320 /yr
Median Household Income
$411,069
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $75-99,999k representing 15.57% of the households.

Transportation to Work

  • Drive 92%
  • Walk or Bike 4%
  • Work from Home 4%
  • Public Transit 0%

Occupancy by Type

Owned 9,086 69%
Rented 2,445 19%
Vacant 1,584 12%

White vs Blue Collar Jobs







White Collar 68%
Blue Collar 32%

Family & Education Facts
for Midland, TX 79706

32.4 Median Age

Average Household Size

2.8
persons per
household

58.8%

Married Households

Community Population By Education

High School Graduate 27%
Some College 25%
Some High School 15%
Bachelors Degree 13%
Associates Degree 12%
Graduate Degree 8%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 26.99% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
55.5% of households have children

Weather
for Midland, TX 79706

The weather for this area ranges from a high of 95° F in July to a low of 29° F in January

95° July
Hottest Average Month
29° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
29°
58°
Feb
33°
63°
Mar
40°
71°
Apr
49°
80°
May
58°
87°
Jun
66°
93°
Jul
69°
95°
Aug
68°
94°
Sep
61°
87°
Oct
51°
78°
Nov
39°
67°
Dec
31°
59°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Midland, TX 79706!
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Copyright © 2025 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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