$7,750,000
$3M PRICE DROP

7909 Farm To Market Road 1788 Midland, TX 79707

Estimated payment $48,396/month

Total Views 1,011
146.5 Acres
$52,901 Price per Acre
6,381,540 Sq Ft Lot

About This Lot

7909 N FM 1788 presents 146.5 total acres of potential investment at $61,862 per acre. Positioned for various development ventures, this property offers strategic opportunities in a dynamic economic landscape. Proposed uses include commercial, residential, and water development, catering to diverse investment interests.

Key features of the property include a substantial 1 million BBL frac pond, 16 water wells producing a combined 600+ gallons per minute, and a 7,500 square foot equipment shop, enhancing operational capabilities. With 1,650 feet of frontage along FM 1788 and 3,700 feet along Hwy 158, the property ensures visibility and accessibility, complemented by the steady traffic of over 6,000 vehicles reported daily on both roads.

Water resources play a pivotal role in the Permian Basin's operations, making the property's robust water infrastructure, along with the sizable frac pond, a valuable asset for potential expansion. Additionally, with an acceptable offer, two residences situated on 15 acres can be included, enhancing the property's versatility. Conveniently located just 11 miles from Midland Airport, accessibility is further enhanced, facilitating seamless operations and connectivity.



7909 N FM 1788 Midland, Tx 79707

Lot Size: 146.5 total acres


Proposed Uses: Commercial, Residential, Water Development


Infrastructure:

1 million BBL frac pond

16 water wells producing 600+ combined gallons per minute

7,500 square foot equipment shop

2 Residential houses


Location:

1,650 feet of FM 1788 road frontage

3,700 feet of HWY 158 road frontage

Over 6,000 vehicles per day on FM 1788 and HWY 158

11 miles from Midland Airport

Listing Agent

Lance White

Invest Texas Real Estate Listed on: 05/20/2024

Listing Provided By

Property Details

Property Type

  • Land

Additional Features

  • Potential uses include commercial, residential multi-family, residential single, for development
  • Pond
  • 10 Stock Tanks or Ponds

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 432-300-4906
  • Listing Website: https://www.land.com/property/7909-fm1788-midland-texas-79707/20385720/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Commercial, Residential Multi-Family, Residential Single, For Development
  • Number of Stock Tanks: Over 10
  • Number of Ponds: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Pond: True

Lot Info

  • Lot Description: Acreage, Tank/Pond

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 Price Changed $7,750,000 -24.8% --
05/20/2024 05/20/24 For Sale $10,300,000 -- --