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Off market
  • Tax assessed value
    $270,820

    5500 S Fm Road 1788, Midland, TX 79706

    0beds
    0baths
    70Acres
    VacantLand
    Built in 1981
    70 Acres Lot
    $-- Zestimate®
    $68/sqft
    $1,350 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,350/mo

    Zestimate® history
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    What's special

    At present, this is an operating caliche pit with 50 acres of caliche and a minimum of 200,000 cubic yards of un-mined material. Would work as a dump site for inert fill material removed from construction sites or could be used for commercial buildings and a commercial yard This 70 acre tract is centrally located with easy access from Midland and Odessa. 1 Mile South of I20 on FM 1788 it is just 13 miles from either city's downtown. 50 acres of this tract is a caliche pit with boundless opportunities to shape the ground to accommodate a wide variety of sporting activities. Many hills and valleys already exist that are ideal for any motorized sport or mountain biking and huge amounts of easily sculpted materials are available to build any size or type of motorized course desired. Would also be ideal for a Sporting Clays course. Could easily set up 10 - 15 shooting stations with plenty of room from a safety perspective. Property is located within easy reach of an established racing venue and could be a highly sought after forum of entertainment for racing enthusiasts of all types.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 4,000 sqft

    Property

    Lot
    • Size: 70 Acres
    Details
    • Parcel number: 000040200300810

    Community & HOA

    Location
    • Region: Midland

    Financial & listing details

    • Price per square foot: $68/sqft
    • Tax assessed value: $270,820
    • Annual tax amount: $3,029

    Price history

    DateEventPrice
    1/3/2015Listing removed$700,000$175/sqft
    Source: First Place Realty #101256 Report a problem
    10/10/2014Price change$700,000-68.2%$175/sqft
    Source: First Place Realty #101256 Report a problem
    1/9/2014Listed for sale$2,200,000$550/sqft
    Source: First Place Realty #97221 Report a problem
    2/26/2011Listing removed$1,800
    Source: iseemedia #81950 Report a problem
    2/5/2011Listed for rent$1,800
    Source: iseemedia #81950 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,029 -4.2%$270,820
    2024$3,163 +1.7%$270,820
    2023$3,109 -16.6%$270,820 -0.1%
    2022$3,728 +2.1%$271,190 +0%
    2021$3,653 $271,130 +0%
    2020-- $271,100
    2019$3,710 -8.8%$271,100 +0%
    2018$4,067 $270,990
    2017-- $270,990 +0%
    2016-- $270,950
    2015-- $270,950 +195.7%
    2014-- $91,620
    Find assessor info on the county website

    Neighborhood: 79706

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Midland

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.