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Natchitoches County, LA · Sold

LA-659636

4979 County Road 238

$1,455,300
$2,082/ac · 699 ac
Acreage699 ac
Price per acre$2,082/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedMay 19, 2026
Coordinates31.6563, -93.1883
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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

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

View Natchitoches market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands32.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

6,868 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area445.62 of 699.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,310,134
$987,201$1,633,067 · $1,874/ac on 699 ac
Asking vs estimate
+11.1%
Priced above the comp set

Weighted from 5 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 $1,455,300
Maximum allowable offer
$748,648
$1,071/ac · +30.0% target margin

You need $706,652 off asking to hit this margin.

All-in cost$812,283
Net resale$1,205,323
Projected profit$393,040
ROI+48.4%
Annualized+69.2%
Break-even resale$1,263/ac
Profit if resale lands off target
-20%
$151,975
-10%
$272,508
0%
$393,040
+10%
$513,572
+20%
$634,104
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-159339
Gravel · Power at road
563.7Jul 27, 2026$597,3001,0591,21310.8 mi
81
LA-999932
Dirt · Off grid
866.3Jan 11, 2026$979,8001,1312,0677.2 mi
76
LA-298062
Gravel · Full utilities
223.5Dec 5, 2025$642,5002,8742,1108.3 mi
72
LA-697302
Dirt · Power at road
128.9Jun 18, 2026$369,3002,8652,51315.1 mi
64
LA-887404
Dirt · Power at road
138.8Aug 4, 2024$222,3001,6021,5441.2 mi
56
Show adjustment detail for the top comp
  • Tract size (563.74 ac → 699.07 ac)-6.4%
  • Utilities (Power at road → Full utilities)+22.0%

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.