Ellis County, OK · Sold

OK-857904

8098 County Road 59

$481,500

$1,963/ac · 245 ac

Offer report Market this tract

Acreage245 ac

Price per acre$1,963/ac

ZoningMixed Use

Road accessDirt

UtilitiesPower at road

TopographyFlat

ListedJun 5, 2024

Coordinates36.1522, -99.8076

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

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

Wetlands17.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,639 ft of deeded road frontage.

Power168 ft away

Power at or near the road.

Buildable area191.36 of 245.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$374,948

$305,482 – $444,415 · $1,528/ac on 245 ac

Asking vs estimate

+28.4%

Priced above the comp set

Weighted from 9 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 $481,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$214,256

$873/ac · +30.0% target margin

You need $267,244 off asking to hit this margin.

All-in cost$232,468

Net resale$344,953

Projected profit$112,485

ROI+48.4%

Annualized+69.3%

Break-even resale$1,030/ac

Profit if resale lands off target

-20%

$43,494

-10%

$77,989

$112,485

+10%

$146,980

+20%

$181,475

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
OK-258266 Dirt · Full utilities	318.9	Jul 27, 2026	$781,800	2,451	2,172	8.8 mi	82
OK-577350 Gravel · Power at road	164.3	Jul 27, 2026	$271,300	1,652	1,273	6.0 mi	80
OK-716569 Dirt · Power at road	93.3	Jul 27, 2026	$209,000	2,241	1,736	4.6 mi	77
OK-556908 Landlocked · Power at road	119.2	Jul 27, 2026	$175,600	1,473	1,535	14.3 mi	71
OK-716402 Paved · Power at road	82.7	Jul 21, 2026	$193,000	2,335	1,282	6.9 mi	71
OK-388906 Landlocked · Power at road	507.0	Aug 18, 2025	$441,500	871	1,421	5.2 mi	69
OK-919218 Landlocked · Power at road	635.6	Sep 14, 2025	$511,900	805	1,403	6.0 mi	66
OK-536473 Gravel · Power at road	87.0	Dec 3, 2023	$170,700	1,962	1,429	2.1 mi	61
OK-356475 Gravel · Off grid	87.1	Jan 10, 2025	$144,500	1,659	1,362	7.0 mi	59

Show adjustment detail for the top comp

Tract size (318.92 ac → 245.35 ac)+7.9%
Utilities (Full utilities → Power at road)-18.0%

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.

Build the listing kit Post a deal or JV