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Gaines County, TX · Sold

TX-998118

9381 County Road 98

$831,500
$3,096/ac · 269 ac
Acreage269 ac
Price per acre$3,096/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedMar 28, 2024
Coordinates32.6425, -102.5482
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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

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands9.3% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,850 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area231.43 of 268.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,156,211
$921,544$1,390,878 · $4,305/ac on 269 ac
Asking vs estimate
-28.1%
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 $831,500
Maximum allowable offer
$660,692
$2,460/ac · +30.0% target margin

You need $170,808 off asking to hit this margin.

All-in cost$716,851
Net resale$1,063,714
Projected profit$346,864
ROI+48.4%
Annualized+69.2%
Break-even resale$2,901/ac
Profit if resale lands off target
-20%
$134,121
-10%
$240,492
0%
$346,864
+10%
$453,235
+20%
$559,607
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-418636
Paved · Power at road
390.9May 3, 2026$1,568,5004,0134,03014.3 mi
76
TX-487147
Dirt · Off grid
132.9Jul 27, 2026$620,6004,6695,53313.3 mi
72
TX-748265
Paved · Off grid
298.8Dec 7, 2023$1,078,1003,6094,3335.4 mi
70
TX-249169
Dirt · Off grid
575.1Jan 24, 2026$892,6001,5522,85812.8 mi
67
TX-809226
Gravel · Full utilities
599.4Sep 30, 2025$2,503,9004,1784,72911.9 mi
65
Show adjustment detail for the top comp
  • Tract size (390.89 ac → 268.59 ac)+11.6%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (3 mo)+1.2%

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.