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Oldham County, TX · Sold

TX-186242

1840 County Road 188

$472,800
$6,852/ac · 69.00 ac
Acreage69.00 ac
Price per acre$6,852/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedMay 19, 2026
Coordinates35.3319, -102.5129
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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

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

View Oldham market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands9.3% of tract

Little to no mapped wetland coverage.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

632 ft of deeded road frontage.

Power7,894 ft away

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

Buildable area59.45 of 69.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$448,627
$362,659$534,596 · $6,502/ac on 69.00 ac
Asking vs estimate
+5.4%
Priced above the comp set

Weighted from 8 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 $472,800
Maximum allowable offer
$256,358
$3,715/ac · +30.0% target margin

You need $216,442 off asking to hit this margin.

All-in cost$278,148
Net resale$412,737
Projected profit$134,588
ROI+48.4%
Annualized+69.3%
Break-even resale$4,382/ac
Profit if resale lands off target
-20%
$52,041
-10%
$93,315
0%
$134,588
+10%
$175,862
+20%
$217,136
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-176601
Gravel · Power at road
89.5Jun 14, 2026$704,7007,8737,1594.4 mi
84
TX-536683
Gravel · Power at road
95.0Jul 27, 2026$755,5007,9557,3019.0 mi
80
TX-726977
Gravel · Off grid
117.5Jul 4, 2025$397,4003,3824,0222.9 mi
80
TX-886146
Paved · Full utilities
64.4Aug 22, 2025$593,1009,2145,5794.2 mi
78
TX-117243
Dirt · Full utilities
142.5Mar 8, 2025$963,7006,7636,9401.2 mi
71
TX-477635
Gravel · Power at road
189.3Feb 10, 2026$995,8005,2615,89111.1 mi
66
TX-395198
Paved · Power at road
32.4Oct 10, 2024$354,90010,9587,3382.2 mi
64
TX-986922
Dirt · Power at road
112.9Aug 7, 2024$768,9006,8098,21210.9 mi
62
Show adjustment detail for the top comp
  • Tract size (89.5 ac → 69 ac)+6.2%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.7%

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.