← New search
Morehouse County, LA · Sold

LA-191909

4042 County Road 151

$12,500
$4,826/ac · 2.59 ac
Acreage2.59 ac
Price per acre$4,826/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedApr 10, 2024
Coordinates32.8840, -91.7080
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

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
14
Low risk
Wetlands14.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

318 ft of deeded road frontage.

Power168 ft away

Power at or near the road.

Buildable area2.10 of 2.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,854
$12,001$15,706 · $5,349/ac on 2.59 ac
Asking vs estimate
-9.8%
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 $12,500
Maximum allowable offer
$7,916
$3,056/ac · +30.0% target margin

You need $4,584 off asking to hit this margin.

All-in cost$8,589
Net resale$12,745
Projected profit$4,156
ROI+48.4%
Annualized+69.3%
Break-even resale$3,605/ac
Profit if resale lands off target
-20%
$1,607
-10%
$2,882
0%
$4,156
+10%
$5,431
+20%
$6,705
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-512191
Gravel · Power at road
3.2Jul 27, 2026$18,2005,7305,7761.1 mi
90
LA-392413
Dirt · Off grid
3.7Jul 27, 2026$15,4004,1335,7297.6 mi
83
LA-373153
Gravel · Full utilities
6.4May 12, 2026$43,7006,8505,8804.1 mi
78
LA-421440
Paved · Off grid
1.8May 6, 2025$8,3004,4874,6798.5 mi
74
LA-210706
Gravel · Power at road
1.1Jan 14, 2026$4,1003,7733,8084.5 mi
73
LA-193633
Gravel · Off grid
9.0Jul 27, 2026$35,4003,9204,89611.2 mi
72
LA-830800
Dirt · Full utilities
1.2Jul 27, 2026$6,8005,8605,5187.1 mi
72
LA-293564
Dirt · Power at road
8.6Jun 20, 2025$33,7003,9245,0503.9 mi
68
LA-750404
Gravel · Full utilities
0.9Oct 20, 2025$5,8006,6495,54112.8 mi
66
LA-582949
Dirt · Off grid
5.5Feb 2, 2026$25,1004,5686,56512.6 mi
65
Show adjustment detail for the top comp
  • Tract size (3.18 ac → 2.59 ac)+0.6%

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.