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Evangeline County, LA · Sold

LA-264100

6040 County Road 381

$72,400
$5,714/ac · 12.67 ac
Acreage12.67 ac
Price per acre$5,714/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedOct 1, 2025
Coordinates30.6587, -92.3730
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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

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

View Evangeline market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands38.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power206 ft away

Power at or near the road.

Buildable area7.41 of 12.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$84,802
$73,096$96,508 · $6,693/ac on 12.67 ac
Asking vs estimate
-14.6%
Priced below the comp set

Weighted from 5 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 $72,400
Maximum allowable offer
$48,458
$3,825/ac · +30.0% target margin

You need $23,942 off asking to hit this margin.

All-in cost$52,577
Net resale$78,018
Projected profit$25,441
ROI+48.4%
Annualized+69.3%
Break-even resale$4,511/ac
Profit if resale lands off target
-20%
$9,837
-10%
$17,639
0%
$25,441
+10%
$33,243
+20%
$41,045
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-654367
Gravel · Off grid
15.4Aug 19, 2025$72,3004,7035,8772.2 mi
79
LA-853893
Gravel · Power at road
10.9Jan 29, 2025$74,1006,7887,1324.0 mi
79
LA-405801
Gravel · Power at road
43.5Jul 27, 2026$228,6005,2606,2727.1 mi
72
LA-294564
Paved · Off grid
17.7Mar 14, 2025$134,5007,5868,3086.0 mi
69
LA-903108
Paved · Off grid
6.2Aug 25, 2024$35,2005,6885,82610.1 mi
59
Show adjustment detail for the top comp
  • Tract size (15.38 ac → 12.67 ac)+2.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (12 mo)+4.2%

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.