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Gaines County, TX · Sold

TX-265262

132 County Road 308

$245,800
$7,244/ac · 33.93 ac
Acreage33.93 ac
Price per acre$7,244/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedJun 1, 2026
Coordinates32.8066, -102.7457
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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

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

View Gaines market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands32.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.1%

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.

Power5,024 ft away

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

Buildable area21.85 of 33.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$240,049
$194,085$286,013 · $7,075/ac on 33.93 ac
Asking vs estimate
+2.4%
In line with 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 $245,800
Maximum allowable offer
$137,171
$4,043/ac · +30.0% target margin

You need $108,629 off asking to hit this margin.

All-in cost$148,831
Net resale$220,845
Projected profit$72,015
ROI+48.4%
Annualized+69.2%
Break-even resale$4,768/ac
Profit if resale lands off target
-20%
$27,846
-10%
$49,930
0%
$72,015
+10%
$94,099
+20%
$116,184
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-105223
Landlocked · Full utilities
33.0Jun 14, 2025$169,8005,1486,4995.4 mi
77
TX-614524
Paved · Off grid
19.9Jul 27, 2026$146,5007,3726,82415.8 mi
76
TX-354885
Dirt · Full utilities
25.8Jul 27, 2026$227,9008,8278,09813.6 mi
76
TX-435320
Landlocked · Off grid
35.4Apr 15, 2024$155,7004,4028,44913.6 mi
70
TX-936360
Paved · Full utilities
75.2Feb 2, 2025$816,90010,8699,4523.6 mi
67
TX-784753
Paved · Power at road
23.5Dec 3, 2024$135,3005,7674,96013.6 mi
66
TX-153950
Landlocked · Off grid
13.1Jul 16, 2025$46,9003,5725,71410.6 mi
62
TX-904295
Landlocked · Power at road
16.8Mar 6, 2024$84,9005,0427,4239.4 mi
59
TX-403575
Gravel · Power at road
10.0May 9, 2024$62,3006,2265,8878.1 mi
55
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (14 mo)+4.9%

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.