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Hidalgo County, TX · Sold

TX-586946

8297 County Road 224

$576,400
$5,016/ac · 115 ac
Acreage115 ac
Price per acre$5,016/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedMar 27, 2025
Coordinates26.4550, -98.0871
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

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

View Hidalgo market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands3.0% of tract

Little to no mapped wetland coverage.

Average slope5.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,192 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area105.89 of 114.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$610,935
$517,012$704,858 · $5,317/ac on 115 ac
Asking vs estimate
-5.7%
Priced below 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 $576,400
Maximum allowable offer
$349,106
$3,038/ac · +30.0% target margin

You need $227,294 off asking to hit this margin.

All-in cost$378,780
Net resale$562,060
Projected profit$183,280
ROI+48.4%
Annualized+69.2%
Break-even resale$3,583/ac
Profit if resale lands off target
-20%
$70,868
-10%
$127,074
0%
$183,280
+10%
$239,486
+20%
$295,692
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-567101
Gravel · Off grid
128.6Jul 4, 2026$434,8003,3825,0212.7 mi
92
TX-466866
Gravel · Full utilities
108.4Apr 8, 2026$576,8005,3195,3204.9 mi
87
TX-517345
Dirt · Power at road
153.4Jul 27, 2026$557,3003,6335,5693.0 mi
86
TX-217394
Paved · Full utilities
159.0Jul 27, 2026$610,3003,8393,5502.5 mi
84
TX-837162
Landlocked · Power at road
134.4May 21, 2026$463,7003,4516,5098.8 mi
83
TX-526768
Gravel · Off grid
101.0Jan 13, 2026$420,3004,1615,9255.0 mi
81
TX-736772
Dirt · Power at road
101.3Jul 27, 2026$446,7004,4096,0748.7 mi
81
TX-957576
Paved · Off grid
181.4Jul 27, 2026$673,2003,7115,1059.0 mi
75
TX-367213
Dirt · Full utilities
139.4Mar 6, 2025$472,7003,3904,3966.1 mi
74
TX-277052
Paved · Full utilities
124.1Sep 22, 2024$755,4006,0885,68110.2 mi
72
Show adjustment detail for the top comp
  • Tract size (128.57 ac → 114.91 ac)+2.9%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (1 mo)+0.5%

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.