Property – Smith Realty

$10,499,500

0 Beds

0 Baths

SqFt

538.03 Acre

Cars

Year Built

Property Description

The Hicks Ranch is a historic and significant property in North East Midland County and just minutes from the City of Midland. The property is square in shape and generally flat with some gentle roll and long distant views. The property has great investment potential given the ample amount of road frontage, shape, and visibility or could be a used for recreation or agriculture purposes. History: The owner is offering this tract for the first time in over 100 years. This ranch was part of the iconic Buchannan Ranch that produced the first producing well in Midland County in 1944. An official Texas Historical Marker commemorating the discovery of oil in Midland County was dedicated in 1968 at a point nine miles east of Midland along State Highway 158. Land/Wildlife: The Hicks Ranch has not been hunted in many years. On the ranch, you can find coveys of Blue Quail, Coyote, Deer, and other fur bearing animals. The land is has been well cared for and has a solid interior road system. Water: The ranch has several water wells of various capacity. Monahans Draw sits just East of the property. Minerals: no minerals or mineral interest will convey with the sale. O&G activity present.

Listed by Capitol Ranch Real Estate

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Essential Information

MLS ID	ACT1248240
Status	Active
Days Active	1062
Est. Tax	N/A
Lot Size	538.03
Year Built

Total Bedrooms	0
1st Floor Bedrooms
Full Baths
Half Baths
Square Feet	0
Price Per SqFt	N/A

Map

Features

Garage Spaces
Fireplace(s)
Fireplace Info
Flooring
Stories
Pool	No
Courtesy of	Capitol Ranch Real Estate (855) 968-1200

Community & Amenities

Subdivision	none
City
County	Midland
HOA
HOA Fee	$ /
Water Front	No

Exterior

Roof
Construction
Foundation
Fencing	See Remarks

School Information

Elementary School	Outside School District
Middle School	Outside School District
High School	Outside School District

Other Information

Appliances
Heating
Cooling
Exterior Features
Lot Features	See Remarks
Community Features
Patio Features
Structures	None
Interior Features
Courtesy of	Capitol Ranch Real Estate(855) 968-1200
Fencing Features	See Remarks
Parking Features

Mortgage Calculator

This property is priced at $10,499,500.

If you put 20% down, $2,099,900, your loan amount would be: $8,399,600.

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