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Hartley County, TX · Sold

TX-448296

5590 County Road 368

$867,900
$2,840/ac · 306 ac
Acreage306 ac
Price per acre$2,840/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedJan 13, 2024
Coordinates35.9177, -102.6882
Loading terrain…
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

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

View Hartley market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands13.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,876 ft of deeded road frontage.

Power14,082 ft away

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

Buildable area250.21 of 305.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,228,488
$966,974$1,490,003 · $4,021/ac on 306 ac
Asking vs estimate
-29.4%
Priced below the comp set

Weighted from 8 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 $867,900
Maximum allowable offer
$701,993
$2,297/ac · +30.0% target margin

You need $165,907 off asking to hit this margin.

All-in cost$761,662
Net resale$1,130,209
Projected profit$368,547
ROI+48.4%
Annualized+69.2%
Break-even resale$2,710/ac
Profit if resale lands off target
-20%
$142,505
-10%
$255,526
0%
$368,547
+10%
$481,568
+20%
$594,589
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-918633
Gravel · Full utilities
390.0Apr 30, 2026$2,774,3007,1135,39111.9 mi
78
TX-667294
Gravel · Full utilities
147.9Jul 27, 2026$1,011,0006,8373,89711.5 mi
78
TX-929071
Gravel · Off grid
535.7Jul 27, 2026$1,692,9003,1603,74312.7 mi
77
TX-988862
Dirt · Power at road
460.4Jul 27, 2026$1,321,8002,8713,2119.9 mi
76
TX-287404
Gravel · Off grid
160.1Sep 25, 2025$623,2003,8923,3669.0 mi
75
TX-866930
Landlocked · Power at road
113.6Jul 27, 2026$639,4005,6295,3759.9 mi
73
TX-357954
Dirt · Power at road
238.5Dec 2, 2024$736,9003,0903,0473.4 mi
72
TX-499064
Landlocked · Power at road
533.0Mar 31, 2026$1,467,0002,7524,12413.2 mi
69
Show adjustment detail for the top comp
  • Tract size (390.04 ac → 305.55 ac)+7.5%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (4 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.