West Midland Oil Country

About Greenwood, TX

Welcome to Greenwood, a small Midland County community on Midland's western edge, set in the oil and ranch country of the Permian Basin.

Greenwood is an unincorporated community in Midland County, Texas, located on the western edge of the city of Midland. It is part of the Midland metropolitan area, in the heart of the Permian Basin, one of the nation's most productive oil-producing regions. The community has roughly 2,000 residents, though its population has grown alongside Midland's energy-driven expansion. Greenwood's roots reach back to the 1890s, when it developed as a farming community on the open plains west of Midland. The discovery and development of Permian Basin oil transformed the region in the twentieth century, and Greenwood evolved from an agricultural settlement into a residential community tied to Midland and the oil industry. That history is reflected in its mix of older rural homes, newer suburban construction, and the oil-field landscape that surrounds it. Public education is provided by the Greenwood Independent School District, which serves students from the community and the surrounding western Midland County area and functions as the community's institutional center. The community also supports local churches and a volunteer fire department, maintaining a small-town character despite its proximity to a growing city. Greenwood's identity is closely tied to its school district, which has anchored the community through its transition from farming to energy. The surrounding landscape of mesquite flats, oil-field roads, and scattered ranches reflects the working character of western Midland County, where the Permian Basin's oil industry has long dominated the economy. Many residents commute into Midland for work, while others are tied directly to the oilfield services, logistics, and support businesses that operate across the region. For residents, Greenwood offers a quieter, lower-density alternative to Midland itself, with the city's employment, shopping, medical facilities, and airport only minutes away.

Population 2,000
County Midland County
Active Listings 71

Frequently Asked Questions

Where is Greenwood, Texas located?

Greenwood is an unincorporated community in Midland County, Texas, on the western edge of the city of Midland. It is part of the Midland metropolitan area in the Permian Basin region.

What school district serves Greenwood?

Greenwood is served by the Greenwood Independent School District, a public district based in the community. The district enrolls students from Greenwood and the surrounding western Midland County area, and its campuses anchor community life.

What is Greenwood's history?

Greenwood first developed as a farming community in the 1890s, and the later Permian Basin oil boom reshaped the area's economy, turning it into a residential community tied to Midland and the oil industry.

City Guide

About Greenwood

Real Estate & Housing

Housing in Greenwood is a mix of older rural homes, newer single-family construction, and acreage properties on the outskirts, reflecting the community's growth as a Midland suburb. Much of the stock is oriented toward families and oil-field workers seeking a quieter setting than the city while staying close to work. Lots range from conventional residential parcels in the more developed areas to larger tracts suited to rural and semi-rural living. New construction has expanded as Midland has grown, but Greenwood remains lower-density and less developed than the city itself, appealing to buyers who want room and a small-community atmosphere.

Neighborhoods

Greenwood is a small unincorporated community rather than a collection of named subdivisions, organized around its school campus and the main roads west of Midland. The developed core clusters near the Greenwood ISD facilities and a handful of local businesses, while homes spread outward into acreage and open ranchland. The community blends gradually into the surrounding oil fields and pasture of western Midland County, with no sharp boundary between town and countryside. For residents, the practical distinction is between the more developed central area and the larger, quieter parcels farther out, all within the same school district.

Lifestyle in Greenwood

Greenwood offers a quiet, semi-rural lifestyle on the western edge of Midland, shaped by the Permian Basin's oil economy and the open ranchland beyond the city. Daily life revolves around the Greenwood school district, churches, and the surrounding countryside, with many residents working in Midland's energy, service, and commercial sectors. The community retains a small-town, neighborly feel while remaining only minutes from Midland's employment, shopping, dining, and airport. For residents, Greenwood provides the space and slower pace of a rural-adjacent community without sacrificing access to the conveniences of one of West Texas's principal cities.

Schools & Education

Greenwood is served by the Greenwood Independent School District, a public district based in the community that enrolls students from Greenwood and the surrounding western Midland County area. The district's campuses are the focal point of community life, hosting athletics and events that bring local families together, and it serves as the community's primary institution. For higher education and specialized programs, residents can reach Midland College, the University of Texas Permian Basin in nearby Odessa, and other institutions in the region, while Midland offers additional private and charter school options.

Getting Around

Greenwood sits on the western edge of Midland, with direct access to the city's road network and regional highways. The community is minutes from Midland's employment centers, shopping, and Midland International Air & Space Port, and Interstate 20 is nearby for travel to Odessa and the broader region. Commuting to Midland is a short, straightforward drive on the area's highways, and the community's rural-adjacent roads remain uncongested. Travel is entirely by personal vehicle, reflecting the automobile-oriented pattern of West Texas, with the wider Permian Basin region easily reachable.

Parks & Recreation

Recreation in Greenwood is tied to the open landscape of the Permian Basin and the amenities of nearby Midland. The community's rural-adjacent setting offers room for outdoor pursuits, and Midland's parks, sports facilities, museums, and cultural venues are just minutes away. Hunting and other rural activities are available in the surrounding countryside, and the region's wide-open terrain is part of daily life for many residents. For family recreation, the Greenwood school district's athletics and community events anchor local gatherings, while Midland supplies golf, entertainment, and larger-scale recreation within a short drive.

MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 0
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $197,500 -25.5%
square_foot Price per Sq Ft $113
schedule Avg Days on Market 81
sell Homes Sold 8
percent Sale-to-List Ratio 99.0%
inventory_2 Months of Inventory 7.8

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

  • Map
  • List
Contact us

Housed Real Estate + Relocation

(214) 888-6864

Info@HousedRealEstate.com

Housed Real Estate

204 E. Main Street Richardson, TX 75081