Midland County, Texas
From the county seat of Midland to the outlying communities of Greenwood, Warfield, and Prairie Lee, Midland County is the corporate and financial hub of the Permian Basin — one of the world's largest oil-and-gas shale formations — surrounded by flat rangeland and oil-patch acreage. PlaceAcre buys land here directly, with a cash offer in 24-48 hours, no agents, no fees, and no repairs required.
Midland County sits at the heart of the Permian Basin, the nation's most active oil and gas region outside Houston. Land here often carries mineral value in addition to surface value, and much of the county outside city limits remains open rangeland historically used for cattle ranching.
Buyer demand comes from oil and gas operators needing surface acreage, ranchers, and investors targeting undeveloped parcels near Midland's growing metro footprint. Inherited and tax-delinquent rural parcels are common in this market given generational ranch and mineral-rights ownership.
We price offers using real Permian Basin comps and account for mineral-rights complexity when your deed includes subsurface interests.
Zero agent fees, zero closing costs on your side. The number we offer is the number you net — helpful when you're an absentee heir handling a ranch from out of state.
Overgrown rangeland, existing pumpjacks, remote parcels you've never visited, back taxes, or unresolved heirship — we've closed on all of it.
Cattle country and open grazing land throughout the county.
Active or held-by-production leases, royalty interests, and combined surface/mineral deeds.
Vacant residential and small commercial parcels in and around Midland.
Multi-heir Texas ranch estates, including parcels still working through probate.
Back taxes, code issues, and neglected land we'll take on as-is.
Acreage adjacent to pipelines, saltwater disposal, and oilfield service yards.
Midland is a split market, and the two halves shouldn't be compared side-by-side. Small in-town and infrastructure-adjacent parcels in active Midland-area listings have recently run roughly $45,000-$65,000 per acre per current LandWatch / Land.com listings (illustrative, not appraisal) — driven by proximity to oil-and-gas infrastructure and residential/industrial demand. Those figures are not representative of raw grazing or ranch land value.
By contrast, the Texas A&M Real Estate Research Center (TRERC) reports the broader Far West Texas rural land region — which includes the Midland-Odessa area — trading in a volatile $700-$2,700 per acre range through 2025, with double-digit year-over-year moves in both the Q1 and Q3 2025 reports. Much of that volatility is driven by smaller average tract sizes rather than a uniform price trend.
Flag: those two figures describe different markets — small in-town or oilfield-adjacent tracts vs. broad rural grazing land — and should not be conflated. For a parcel-specific estimate, run the numbers with the PlaceAcre Land Value Calculator.
Texas conveyances customarily use a General Warranty Deed.
Texas is a title-company closing state — no attorney required. A licensed title company / escrow agent handles closing.
2-4 weeks for a standard cash close, often as fast as 7-10 days for parcels with clean title.
Proceeds are wired or issued via cashier's check through the title company's escrow at closing. Texas charges no state real estate transfer tax.
Source: U.S. Census Bureau QuickFacts
~183,600
Population (2024 est.)
900.4
Square Miles
~$319,200
Median Home Value (Midland city, 2024 — city-level proxy)
32.8
Median Age (years)
"We inherited about 320 acres west of Midland and had no interest in running it. PlaceAcre walked us through the heirship paperwork, made a fair cash offer, and closed at a Midland title company inside three weeks."
— Robert T., Midland County ranch heir
"Our deed included both surface and mineral interests, which scared off other buyers. PlaceAcre priced it fairly, explained exactly how the minerals factored in, and paid cash at closing."
— Diane K., inherited mineral-and-surface owner
Midland began in 1881 as "Midway," a Texas & Pacific Railway section stop roughly halfway between Fort Worth and El Paso. It was renamed Midland in 1884 to avoid confusion with other "Midway" towns on the line.
Archaeologists discovered fossilized human remains on the Scharbauer Ranch estimated at roughly 11,600 years old — among the oldest human remains ever found in North America at the time of discovery.
Midland became the corporate and financial headquarters city of the Permian Basin oil industry after the landmark Santa Rita No. 1 discovery in 1923, about 70 miles away in neighboring Reagan County.
Before oil, Midland County's economy ran on cattle ranching and cotton. By 1930 the county had more than 31,000 acres planted in cotton across 361 working farms and ranches.
PlaceAcre can typically make a cash offer within 24-48 hours and close in as little as 7-30 days.
Yes. Existing leases and mineral interests don't disqualify a property, though they do factor into the valuation.
It depends heavily on proximity to Midland/Odessa infrastructure vs. open rangeland. Use our land value calculator for a parcel-specific estimate.
Yes, PlaceAcre covers standard closing costs.
Yes, including tax-delinquent and inherited/heirship parcels still working through probate.
We primarily buy surface land. If mineral rights are included in your deed we'll factor that into the offer, but we recommend consulting a landman or attorney if you want to sever and retain minerals before selling surface only.
Communities we serve: Midland, Greenwood, Warfield, Prairie Lee.
No agents, no fees, no repairs. Just a fair, direct offer on your Midland County land.
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Practical guides from local landowners and the PlaceAcre team: