Edwards County, TX · Sold

TX-598112

682 County Road 37

$1,000,400

$3,741/ac · 267 ac

Offer report Market this tract

Acreage267 ac

Price per acre$3,741/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographyWooded

ListedAug 17, 2024

Coordinates29.9083, -100.3945

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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

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

View Edwards market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index

Moderate risk

Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,422 ft away

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

Buildable area213.91 of 267.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$791,985

$635,529 – $948,441 · $2,962/ac on 267 ac

Asking vs estimate

+26.3%

Priced above the comp set

Weighted from 6 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 $1,000,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$452,563

$1,692/ac · +30.0% target margin

You need $547,837 off asking to hit this margin.

All-in cost$491,031

Net resale$728,626

Projected profit$237,595

ROI+48.4%

Annualized+69.2%

Break-even resale$1,996/ac

Profit if resale lands off target

-20%

$91,870

-10%

$164,733

$237,595

+10%

$310,458

+20%

$383,321

Comparable sales6 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
TX-848344 Dirt · Power at road	316.4	Jul 1, 2026	$742,600	2,347	2,448	2.9 mi	83
TX-738445 Gravel · Power at road	340.4	Jun 6, 2026	$1,421,300	4,176	3,838	11.4 mi	79
TX-997561 Landlocked · Power at road	179.4	May 3, 2025	$358,000	1,996	2,350	6.8 mi	73
TX-707687 Gravel · Full utilities	196.6	Nov 2, 2024	$812,100	4,132	2,836	11.8 mi	72
TX-998614 Dirt · Power at road	384.7	Jan 3, 2024	$851,200	2,213	2,700	13.3 mi	61
TX-326453 Paved · Full utilities	80.4	Dec 2, 2024	$643,200	8,001	3,686	2.6 mi	60

Show adjustment detail for the top comp

Tract size (316.37 ac → 267.42 ac)+5.0%
Access (Dirt → Gravel)+16.3%
Utilities (Power at road → Off grid)-15.0%
Market time (1 mo)+0.5%

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.

Build the listing kit Post a deal or JV