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Gaines County, TX · Sold

TX-732974

3029 County Road 196

$42,200
$6,522/ac · 6.47 ac
Acreage6.47 ac
Price per acre$6,522/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedSep 3, 2023
Coordinates32.8319, -102.5148
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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

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands11.4% of tract

Little to no mapped wetland coverage.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

644 ft of deeded road frontage.

Power5,990 ft away

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

Buildable area5.45 of 6.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$43,932
$37,201$50,663 · $6,790/ac on 6.47 ac
Asking vs estimate
-3.9%
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 $42,200
Maximum allowable offer
$25,104
$3,880/ac · +30.0% target margin

You need $17,096 off asking to hit this margin.

All-in cost$27,238
Net resale$40,418
Projected profit$13,180
ROI+48.4%
Annualized+69.3%
Break-even resale$4,576/ac
Profit if resale lands off target
-20%
$5,096
-10%
$9,138
0%
$13,180
+10%
$17,222
+20%
$21,264
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-733406
Gravel · Off grid
8.8Jul 27, 2026$67,5007,6417,81413.1 mi
80
TX-732648
Gravel · Full utilities
5.1Jul 3, 2025$65,10012,7369,1784.4 mi
77
TX-832759
Gravel · Off grid
5.5Feb 12, 2025$32,5005,8786,19810.5 mi
74
TX-142292
Landlocked · Full utilities
4.0Jul 27, 2026$24,0006,0876,10910.3 mi
74
TX-782675
Paved · Off grid
5.2Dec 11, 2024$42,2008,0937,2604.4 mi
73
TX-403575
Gravel · Power at road
10.0May 9, 2024$62,3006,2265,97110.8 mi
69
TX-332690
Gravel · Power at road
5.3May 27, 2024$34,4006,5346,00710.0 mi
69
TX-614524
Paved · Off grid
19.9Jul 27, 2026$146,5007,3726,92110.6 mi
68
TX-153950
Landlocked · Off grid
13.1Jul 16, 2025$46,9003,5725,7956.1 mi
68
TX-232428
Gravel · Power at road
4.3Mar 22, 2025$30,7007,0496,22317.6 mi
65
Show adjustment detail for the top comp
  • Tract size (8.84 ac → 6.47 ac)+2.0%

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.