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Catahoula County, LA · Sold

LA-929652

705 County Road 389

$1,393,500
$1,970/ac · 707 ac
Acreage707 ac
Price per acre$1,970/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographySloped
ListedJun 24, 2024
Coordinates31.6236, -91.8197
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

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

View Catahoula market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands1.4% of tract

Little to no mapped wetland coverage.

Average slope16.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area557.86 of 707.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,552,115
$1,363,170$1,741,060 · $2,195/ac on 707 ac
Asking vs estimate
-10.2%
Priced below the comp set

Weighted from 7 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 $1,393,500
Maximum allowable offer
$886,923
$1,254/ac · +30.0% target margin

You need $506,577 off asking to hit this margin.

All-in cost$962,311
Net resale$1,427,946
Projected profit$465,634
ROI+48.4%
Annualized+69.2%
Break-even resale$1,479/ac
Profit if resale lands off target
-20%
$180,045
-10%
$322,840
0%
$465,634
+10%
$608,429
+20%
$751,224
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-678205
Landlocked · Off grid
247.9Jul 27, 2026$466,9001,8831,98310.2 mi
75
LA-908234
Landlocked · Off grid
253.2May 17, 2026$392,6001,5511,6565.8 mi
72
LA-548237
Dirt · Power at road
253.7Jul 27, 2026$855,3003,3712,4014.1 mi
71
LA-888424
Dirt · Power at road
290.5Jul 27, 2026$919,7003,1652,3448.0 mi
71
LA-528791
Landlocked · Off grid
379.0Apr 11, 2024$682,9001,8022,3533.2 mi
71
LA-859081
Dirt · Full utilities
467.6May 5, 2024$1,348,7002,8842,2047.6 mi
66
LA-277988
Gravel · Off grid
211.9Jul 12, 2026$758,8003,5822,4579.2 mi
66
Show adjustment detail for the top comp
  • Tract size (247.92 ac → 707.22 ac)-26.8%
  • Utilities (Off grid → Full utilities)+43.5%

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.