Morehouse County, LA · Sold

LA-265810

661 County Road 281

$224,200

$5,127/ac · 43.73 ac

Offer report Market this tract

Acreage43.73 ac

Price per acre$5,127/ac

ZoningResidential

Road accessPaved

UtilitiesOff grid

TopographySloped

ListedFeb 1, 2025

Coordinates32.8305, -91.7297

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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

Morehouse County, Louisiana. Timber and marsh-adjacent tracts; drainage defines usable acreage.

View Morehouse market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands0.5% of tract

Little to no mapped wetland coverage.

Average slope12.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

651 ft of deeded road frontage.

Power9,826 ft away

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

Buildable area34.81 of 43.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$165,114

$128,388 – $201,840 · $3,776/ac on 43.73 ac

Asking vs estimate

+35.8%

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 $224,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$94,351

$2,158/ac · +30.0% target margin

You need $129,849 off asking to hit this margin.

All-in cost$102,371

Net resale$151,905

Projected profit$49,534

ROI+48.4%

Annualized+69.2%

Break-even resale$2,545/ac

Profit if resale lands off target

-20%

$19,153

-10%

$34,344

$49,534

+10%

$64,725

+20%

$79,915

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
LA-185842 Dirt · Full utilities	44.8	Feb 6, 2026	$167,000	3,731	3,661	5.1 mi	81
LA-604736 Landlocked · Off grid	20.1	Jul 27, 2026	$38,700	1,926	2,959	7.1 mi	79
LA-405861 Landlocked · Off grid	45.4	Aug 6, 2025	$124,400	2,742	4,998	7.4 mi	78
LA-996448 Dirt · Off grid	69.4	Jan 5, 2026	$110,700	1,594	2,469	2.4 mi	77
LA-886958 Landlocked · Full utilities	100.5	Jul 27, 2026	$354,000	3,524	5,126	3.4 mi	74
LA-586362 Landlocked · Off grid	65.2	Jun 1, 2025	$125,400	1,922	3,803	12.5 mi	73
LA-357509 Landlocked · Off grid	149.7	May 26, 2026	$287,100	1,917	4,466	6.5 mi	68
LA-444607 Dirt · Full utilities	18.3	Feb 10, 2025	$64,800	3,541	3,145	5.2 mi	62
LA-867217 Dirt · Off grid	121.2	Oct 7, 2024	$235,400	1,942	3,615	6.3 mi	61
LA-547048 Gravel · Off grid	107.2	Jan 20, 2024	$229,500	2,140	3,414	6.1 mi	60

Show adjustment detail for the top comp

Access (Dirt → Paved)+37.2%
Utilities (Full utilities → Off grid)-30.3%
Market time (6 mo)+2.2%

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.

Build the listing kit Post a deal or JV