Founded in 1881 as a midway point on the Texas and Pacific Railway between El Paso and Fort Worth, the community of Midland, Texas would forever be changed by the discovery of oil in the Permian Basin in 1923. Transformed into the administrative center of the West Texas oil fields, the Permian Basin today produces more than one fifth of the nation’s total petroleum and natural gas output. However, Midland is also known for its exceptional farming and ranching opportunities, making land for sale in Midland TX a popular choice among full-time and part-time residents. Owning a farm or ranch can be a rewarding experience, whether for profit or relaxation. When you’re ready to experience the benefits, my team at CM Ranch Real Estate Midland is standing by to assist you.
Midland TX Land For Sale
Buying land for sale in Midland TX, or anywhere in West Texas or New Mexico, can be a far more complex process than the average residential real estate transaction. You’ll find that the inspection process requires partnering with several specialists, and the buyer’s research requirements are often far more involved. You’ll need to know whether the property is the right size to support the number of animals you will be keeping there. You’ll need to understand the property’s zoning requirements. You’ll need access to a parcel map that shows easements. You’ll need to check riparian rights – the rights of landowners to use water that is on or runs through the property. You’ll want to have septic and leach lines inspected, as well as any well that is on the property. You’ll need a soil test. And, you’ll need a lender who makes loans on ranch or rural properties, as not all lenders have these types of programs available. Overwhelmed? Rest assured knowing that my team at CM Ranch Real Estate can help you every step of the way.
With more than four decades in the ranching business and a twenty-year background in real estate, there is no better agent to assist you when buying land for sale in Midland TX and the surrounding communities. Connect with me today to learn more. I look forward to hearing from you soon.