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Gaines County, TX · Sold

TX-904295

4815 County Road 247

$99,300
$5,897/ac · 16.84 ac
Acreage16.84 ac
Price per acre$5,897/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedSep 6, 2023
Coordinates32.6746, -102.7101
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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

1 item to verify before you offer.

Risk index
28
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope4.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power183 ft away

Power at or near the road.

Buildable area15.33 of 16.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$84,112
$70,956$97,269 · $4,995/ac on 16.84 ac
Asking vs estimate
+18.1%
Priced above 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 $99,300
Maximum allowable offer
$48,064
$2,854/ac · +30.0% target margin

You need $51,236 off asking to hit this margin.

All-in cost$52,149
Net resale$77,383
Projected profit$25,234
ROI+48.4%
Annualized+69.3%
Break-even resale$3,366/ac
Profit if resale lands off target
-20%
$9,757
-10%
$17,496
0%
$25,234
+10%
$32,972
+20%
$40,711
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-614524
Paved · Off grid
19.9Jul 27, 2026$146,5007,3725,11111.1 mi
84
TX-153950
Landlocked · Off grid
13.1Jul 16, 2025$46,9003,5724,2799.8 mi
78
TX-733406
Gravel · Off grid
8.8Jul 27, 2026$67,5007,6415,7703.3 mi
76
TX-354885
Dirt · Full utilities
25.8Jul 27, 2026$227,9008,8276,06513.1 mi
74
TX-265262
Paved · Off grid
33.9Jul 27, 2026$215,6006,3534,7699.4 mi
72
TX-784753
Paved · Power at road
23.5Dec 3, 2024$135,3005,7673,71510.2 mi
68
TX-105223
Landlocked · Full utilities
33.0Jun 14, 2025$169,8005,1484,8679.7 mi
66
TX-403575
Gravel · Power at road
10.0May 9, 2024$62,3006,2264,4094.9 mi
66
TX-435320
Landlocked · Off grid
35.4Apr 15, 2024$155,7004,4026,32714.8 mi
63
TX-832759
Gravel · Off grid
5.5Feb 12, 2025$32,5005,8784,5779.9 mi
61
Show adjustment detail for the top comp
  • Tract size (19.88 ac → 16.84 ac)+2.0%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Off grid → Power at road)+17.6%

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.