40 Acres in Midland, TX ready for commercial or residential development! This opportunity provides construction-ready development land with dedicated access to FM 307 only 4 miles from Greenwood ISD and 3 miles from Interstate-20. The private access road will be 60' wide. The property is located in Midland County with no zoning. More details available upon request.
Oxford Heights, located between Loop 250 and Andrews Highway, is a residential and mid-century Midland neighborhood with broad, shade-lined streets and a low-slung ranch-house streetscape. The neighborhood’s character concentrates around the Andrews Hwy and Loop 250 corridor, where auto shops, local lunch counters, and practical retail set a workday rhythm. Brick facades, carports, and generous setbacks define the blocks, with a calm, drive-friendly layout. Nearby green space and recreation hubs shape an outdoors-forward routine. Coffee runs and casual meetups often point toward local staples such as Far West Coffee, Pi Social, and the Yucca Theatre.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Approximately 40 acres of land
Located on FM 307, 3 miles east of Interstate 20
Developing commercial/residential area between Midland and Greenwood
Home design
Land property (no structures specified)
Financial info
Annual property tax approximately $31.29
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Style
Vacant Land
County
Midland County
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Last updated by owner on Oct 10, 2026.
RR
Regional Retail District
This district is intended to provide for locations for various types of regional retail trade, business, and low-impact service uses.
Permitted uses
Include but are not limited to:
Gas station
Bank
Day care facility
General retail
Restaurant
Housing-Senior
Hotel / motel
Office
Medical office
Research & development
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
5/10 Heat Factor
5 days above 102° expected this year, 15 days in 30 years
2/10 Wind Factor
3% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 23% for direct sun exposure in Midland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for TBD Fm 307
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