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Cameron County, LA · Sold

LA-312897

1150 County Road 238

$23,400
$4,415/ac · 5.30 ac
Acreage5.30 ac
Price per acre$4,415/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedNov 16, 2024
Coordinates29.9559, -93.1208
Loading terrain…
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

Cameron County, Louisiana. Timber and marsh-adjacent tracts; drainage defines usable acreage.

View Cameron market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands7.3% of tract

Little to no mapped wetland coverage.

Average slope6.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

348 ft of deeded road frontage.

Power6,886 ft away

A long utility run — price in solar/off-grid instead.

Buildable area4.67 of 5.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,604
$11,190$18,018 · $2,756/ac on 5.30 ac
Asking vs estimate
+60.2%
Priced above the comp set

Weighted from 10 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 $23,400
Maximum allowable offer
$8,345
$1,575/ac · +30.0% target margin

You need $15,055 off asking to hit this margin.

All-in cost$9,054
Net resale$13,436
Projected profit$4,382
ROI+48.4%
Annualized+69.3%
Break-even resale$1,857/ac
Profit if resale lands off target
-20%
$1,695
-10%
$3,038
0%
$4,382
+10%
$5,725
+20%
$7,069
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-233320
Landlocked · Power at road
7.2Jul 27, 2026$25,2003,4963,8307.5 mi
83
LA-892813
Gravel · Power at road
5.0Jul 27, 2026$17,8003,5622,6029.6 mi
82
LA-232739
Landlocked · Off grid
4.7Jul 5, 2025$11,9002,5193,3178.0 mi
76
LA-803135
Landlocked · Full utilities
6.3Jun 25, 2025$12,7002,0141,8775.6 mi
75
LA-231795
Gravel · Off grid
2.4Jul 27, 2026$8,2003,4342,8796.9 mi
74
LA-992058
Dirt · Full utilities
2.9Jul 27, 2026$9,1003,1312,13814.0 mi
73
LA-764427
Gravel · Full utilities
16.1Jan 25, 2026$86,9005,4113,6123.1 mi
71
LA-931296
Gravel · Off grid
1.7Jul 27, 2026$4,4002,6342,1926.7 mi
70
LA-792615
Gravel · Full utilities
4.3Sep 5, 2024$14,5003,3652,1618.4 mi
68
LA-553734
Landlocked · Off grid
9.7Dec 15, 2025$20,0002,0582,77812.6 mi
68
Show adjustment detail for the top comp
  • Tract size (7.2 ac → 5.3 ac)+1.7%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Off grid)-15.0%

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.