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Andrews County, TX · Sold

TX-233978

8202 County Road 240

$98,700
$7,377/ac · 13.38 ac
Acreage13.38 ac
Price per acre$7,377/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedOct 31, 2023
Coordinates32.2383, -102.6522
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Andrews County, Texas. The deepest land market in the country; hill country premium, west Texas value.

View Andrews market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
19
Low risk
Wetlands4.0% of tract

Little to no mapped wetland coverage.

Average slope19.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

640 ft of deeded road frontage.

Power61 ft away

Power at or near the road.

Buildable area10.28 of 13.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$94,399
$74,020$114,778 · $7,055/ac on 13.38 ac
Asking vs estimate
+4.6%
In line with the comp set

Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $98,700
Maximum allowable offer
$53,942
$4,032/ac · +30.0% target margin

You need $44,758 off asking to hit this margin.

All-in cost$58,527
Net resale$86,847
Projected profit$28,320
ROI+48.4%
Annualized+69.3%
Break-even resale$4,755/ac
Profit if resale lands off target
-20%
$10,951
-10%
$19,636
0%
$28,320
+10%
$37,005
+20%
$45,690
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-814036
Paved · Off grid
14.0Jul 25, 2026$76,4005,4765,49611.6 mi
81
TX-543990
Dirt · Off grid
13.5Mar 23, 2024$81,4006,0339,0931.4 mi
75
TX-215393
Gravel · Off grid
37.3Jul 2, 2025$224,8006,0268,5442.4 mi
71
TX-614419
Gravel · Power at road
18.4Jan 20, 2024$94,7005,1395,8989.1 mi
69
TX-202369
Paved · Full utilities
4.2Mar 10, 2024$35,6008,5486,0649.4 mi
54
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Power at road)+17.6%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.