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Oldham County, TX · Sold

TX-409371

356 County Road 255

$1,934,400
$2,906/ac · 666 ac
Acreage666 ac
Price per acre$2,906/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedJan 11, 2025
Coordinates35.3484, -102.6168
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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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands19.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

5,161 ft of deeded road frontage.

Power5 ft away

Power at or near the road.

Buildable area509.75 of 665.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,569,557
$2,363,992$2,775,122 · $3,860/ac on 666 ac
Asking vs estimate
-24.7%
Priced below 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 $1,934,400
Maximum allowable offer
$1,468,318
$2,206/ac · +30.0% target margin

You need $466,082 off asking to hit this margin.

All-in cost$1,593,125
Net resale$2,363,992
Projected profit$770,867
ROI+48.4%
Annualized+69.2%
Break-even resale$2,601/ac
Profit if resale lands off target
-20%
$298,069
-10%
$534,468
0%
$770,867
+10%
$1,007,267
+20%
$1,243,666
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-949726
Dirt · Off grid
861.0Jul 27, 2026$2,269,9002,6363,9128.6 mi
79
TX-477635
Gravel · Power at road
189.3Feb 10, 2026$995,8005,2613,7145.1 mi
74
TX-658194
Paved · Power at road
283.8Jul 27, 2026$1,708,5006,0203,9636.8 mi
74
TX-558156
Dirt · Power at road
276.1Jun 12, 2024$963,7003,4913,4066.5 mi
66
TX-117243
Dirt · Full utilities
142.5Mar 8, 2025$963,7006,7634,3755.6 mi
56
Show adjustment detail for the top comp
  • Tract size (860.96 ac → 665.73 ac)+8.2%
  • Access (Dirt → Gravel)+16.3%
  • 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.