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4513 S County Road 1270
Midland, TX 79706
Lucky Star RV Park Portfolio · Specialty Property For Sale · 517,928 SF

PROPERTY FACTS

Property Type Specialty
Property Subtype Trailer/Camper Park
Lot Size 11.89 AC
Building Size 517,928 SF
No. Stories 1
Year Built 2012

ABOUT 4513 S COUNTY ROAD 1270 , MIDLAND, TX 79706

• Midland is the administrative and management headquarters for the oil and gas industry within the Permian Basin. • The communities’ close proximity and access to Interstate 20 and FM 1788, as well as their central location between Midland and Odessa, makes for an ideal location for housing area workers. The communities sit in an outstanding location in the heart of the Permian Basin just fifteen-minutes from both Midland and Odessa, which has high population. • In December 2017, Midland’s unemployment rate was very low. • The parks are just three miles south of Midland International Airport with direct flights to Dallas, Houston, Las Vegas, Phoenix, and Denver. Henderson Elementary School, Orion High School, and Alamo Junior High are just minutes from both communities. • Four higher education options in the area include the University of Texas of the Permian Basin (7,000 students enrolled), Texas Tech University Health Sciences Center, Odessa College (5,600 students enrolled), and Midland College (7,000 students enrolled). • The tremendous oil and gas production in the area has led to explosive population and economic growth and is expected to continue for many years. An average of 325 rigs at work in December 2017 represents an increase of nearly 170% compared to the cyclical low point of 121 rigs in May 2016. Crude oil production on the Texas side of the Permian totaled over 670 million barrels for 2017, a 12.3% year-over-year increase, with daily production reaching 1.97 million barrels in December 2017. The Permian Basin accounts for roughly 45% of the onshore oil production in the United States and has the most costeffective oil production at $46 per barrel.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000209-166
Land Assessment
$356,700
Improvements Assessment
$405,140
Total Assessment
$761,840
  • Listing ID: 12364296

  • Date on Market: 4/24/2018

  • Last Updated:

  • Address: 4513 S County Road 1270, Midland, TX 79706

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