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Jeff Davis County, TX · Sold

TX-408695

9202 County Road 38

$1,174,500
$2,879/ac · 408 ac
Acreage408 ac
Price per acre$2,879/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedAug 28, 2023
Coordinates30.5881, -104.2472
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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

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

View Jeff Davis market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands8.7% of tract

Little to no mapped wetland coverage.

Average slope4.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5 ft away

Power at or near the road.

Buildable area353.84 of 407.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,331,325
$1,111,926$1,550,725 · $3,263/ac on 408 ac
Asking vs estimate
-11.8%
Priced below the comp set

Weighted from 6 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 $1,174,500
Maximum allowable offer
$760,757
$1,865/ac · +30.0% target margin

You need $413,743 off asking to hit this margin.

All-in cost$825,421
Net resale$1,224,819
Projected profit$399,398
ROI+48.4%
Annualized+69.2%
Break-even resale$2,199/ac
Profit if resale lands off target
-20%
$154,434
-10%
$276,916
0%
$399,398
+10%
$521,880
+20%
$644,362
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-438580
Gravel · Off grid
375.4Jan 29, 2024$1,221,8003,2553,5564.6 mi
71
TX-736129
Landlocked · Full utilities
63.6Jul 24, 2026$311,3004,8973,1063.1 mi
70
TX-257033
Gravel · Off grid
122.4Dec 4, 2025$526,5004,3023,1961.9 mi
66
TX-225861
Paved · Power at road
52.4Mar 7, 2026$292,2005,5812,4278.6 mi
64
TX-146859
Gravel · Power at road
107.9Aug 5, 2025$739,8006,8574,25010.4 mi
59
TX-136384
Paved · Off grid
76.5Jan 5, 2024$390,2005,1023,0882.9 mi
58
Show adjustment detail for the top comp
  • Tract size (375.35 ac → 407.96 ac)-2.4%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (31 mo)+10.7%

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.