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844-465-SOLD (7653)

161 acres Commercial, Pasture

Midland County, Texas

Property Detail

This unique property sits between Midland and Odessa and offers 40 maintained water wells that service 575,000 barrel open and lined water pits through a flat line delivery system. Most wells are less than three years old and have been tested to maintain 55,000bbl per day of production. 

This property sits in a nest of proven leases that will require fresh water service in the near future and the long term needs of the cities of Midland and Odessa can also be met with the natural resources below this property.

Full package including Discounted Cash Flow, Survey, Hydrology Report and Title Opinion will be provided to NDA issuing prospects. Contact our office today for an NDA.

Agent Comments

The owners of this property developed this waterfield right. Lots of forward thought and experience went into the development of this property that new ownership can appreciate for years to come.

Home Description

Mobile home is included with the property and will make a great managers home

Other Improvements

Roping Arena and Barn

Mineral Rights

Non-owned to convey


City

Midland

State

Texas

County

Midland

Total Acres

161

Land Type

Commercial, Pasture

Price

$40,000,000.00

Contact

Brent Graves, Auctioneer/Broker

Work: (254) 965-4040

Cell: (254) 459-1111

Email: Brent@allianceauctioneers.com

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