Ellis County, OK · Sold

OK-265938

5534 County Road 299

$183,500

$3,107/ac · 59.06 ac

Offer report Market this tract

Acreage59.06 ac

Price per acre$3,107/ac

ZoningRecreational

Road accessPaved

UtilitiesPower at road

TopographyFlat

ListedDec 26, 2024

Coordinates36.2092, -99.6947

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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

Ellis County, Oklahoma. Cross Timbers hunting tracts and cattle ground; mineral rights often severed.

View Ellis market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

727 ft of deeded road frontage.

Power91 ft away

Power at or near the road.

Buildable area47.24 of 59.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$189,475

$152,423 – $226,527 · $3,208/ac on 59.06 ac

Asking vs estimate

-3.2%

In line with 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 $183,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$108,271

$1,833/ac · +30.0% target margin

You need $75,229 off asking to hit this margin.

All-in cost$117,474

Net resale$174,317

Projected profit$56,843

ROI+48.4%

Annualized+69.3%

Break-even resale$2,162/ac

Profit if resale lands off target

-20%

$21,980

-10%

$39,411

$56,843

+10%

$74,275

+20%

$91,706

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
OK-716402 Paved · Power at road	82.7	Jul 21, 2026	$193,000	2,335	2,524	4.2 mi	89
OK-556908 Landlocked · Power at road	119.2	Jul 27, 2026	$175,600	1,473	3,022	7.5 mi	79
OK-575759 Dirt · Off grid	51.9	Aug 6, 2025	$145,300	2,801	4,591	1.2 mi	79
OK-716569 Dirt · Power at road	93.3	Jul 27, 2026	$209,000	2,241	3,419	7.2 mi	79
OK-726104 Dirt · Power at road	66.6	Feb 27, 2026	$161,200	2,420	3,475	11.6 mi	78
OK-905726 Gravel · Off grid	50.6	Nov 29, 2025	$115,900	2,289	3,170	8.5 mi	75
OK-577350 Gravel · Power at road	164.3	Jul 27, 2026	$271,300	1,652	2,507	9.2 mi	70
OK-356475 Gravel · Off grid	87.1	Jan 10, 2025	$144,500	1,659	2,682	4.2 mi	69
OK-374769 Landlocked · Power at road	25.3	Jul 29, 2025	$62,600	2,471	3,844	3.1 mi	68
OK-536473 Gravel · Power at road	87.0	Dec 3, 2023	$170,700	1,962	2,813	7.1 mi	66

Show adjustment detail for the top comp

Tract size (82.65 ac → 59.06 ac)+7.8%

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