Morehouse County, LA · Sold

LA-688941

1426 County Road 167

$791,400

$1,873/ac · 423 ac

Offer report Market this tract

Acreage423 ac

Price per acre$1,873/ac

ZoningUnzoned

Road accessPaved

UtilitiesPower at road

TopographyMixed

ListedApr 15, 2025

Coordinates32.8714, -91.7388

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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

Wetlands14.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,919 ft of deeded road frontage.

Power215 ft away

Power at or near the road.

Buildable area342.81 of 422.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,155,179

$1,016,763 – $1,293,595 · $2,734/ac on 423 ac

Asking vs estimate

-31.5%

Priced below the comp set

Weighted from 9 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 $791,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$660,102

$1,562/ac · +30.0% target margin

You need $131,298 off asking to hit this margin.

All-in cost$716,211

Net resale$1,062,765

Projected profit$346,554

ROI+48.4%

Annualized+69.2%

Break-even resale$1,842/ac

Profit if resale lands off target

-20%

$134,001

-10%

$240,277

$346,554

+10%

$452,830

+20%

$559,107

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
LA-489619 Gravel · Off grid	690.5	Jul 27, 2026	$1,020,200	1,477	2,386	9.5 mi	79
LA-868634 Gravel · Off grid	338.3	Jul 27, 2026	$721,000	2,131	2,776	9.7 mi	79
LA-199105 Dirt · Power at road	475.8	Nov 5, 2025	$1,036,700	2,179	3,199	9.5 mi	77
LA-728012 Dirt · Full utilities	215.6	Jul 27, 2026	$618,800	2,871	2,661	5.4 mi	75
LA-849309 Gravel · Off grid	551.6	Feb 13, 2025	$816,900	1,481	2,368	3.1 mi	72
LA-488105 Dirt · Off grid	230.6	Jun 2, 2024	$511,800	2,220	3,281	4.7 mi	68
LA-357509 Landlocked · Off grid	149.7	May 26, 2026	$287,100	1,917	2,940	7.5 mi	68
LA-489745 Dirt · Full utilities	756.5	Apr 25, 2025	$1,373,100	1,815	2,570	9.2 mi	65
LA-867217 Dirt · Off grid	121.2	Oct 7, 2024	$235,400	1,942	2,380	4.0 mi	58

Show adjustment detail for the top comp

Tract size (690.52 ac → 422.54 ac)+16.0%
Access (Gravel → Paved)+18.0%
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.

Build the listing kit Post a deal or JV