← New search
Oldham County, TX · Sold

TX-986922

9216 County Road 189

$917,600
$8,125/ac · 113 ac
Acreage113 ac
Price per acre$8,125/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedMay 25, 2024
Coordinates35.4891, -102.5049
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

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
14
Low risk
Wetlands13.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,553 ft of deeded road frontage.

Power155 ft away

Power at or near the road.

Buildable area92.59 of 112.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$633,994
$531,855$736,132 · $5,614/ac on 113 ac
Asking vs estimate
+44.7%
Priced above 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 $917,600
Maximum allowable offer
$362,282
$3,208/ac · +30.0% target margin

You need $555,318 off asking to hit this margin.

All-in cost$393,076
Net resale$583,274
Projected profit$190,198
ROI+48.4%
Annualized+69.2%
Break-even resale$3,783/ac
Profit if resale lands off target
-20%
$73,543
-10%
$131,871
0%
$190,198
+10%
$248,526
+20%
$306,853
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-176601
Gravel · Power at road
89.5Jun 14, 2026$704,7007,8736,4406.4 mi
81
TX-536683
Gravel · Power at road
95.0Jul 27, 2026$755,5007,9556,56814.0 mi
80
TX-726977
Gravel · Off grid
117.5Jul 4, 2025$397,4003,3823,6198.2 mi
75
TX-186242
Gravel · Off grid
69.0Jul 27, 2026$444,0006,4345,80110.9 mi
74
TX-117243
Dirt · Full utilities
142.5Mar 8, 2025$963,7006,7636,24311.9 mi
70
TX-658194
Paved · Power at road
283.8Jul 27, 2026$1,708,5006,0205,65612.0 mi
70
TX-477635
Gravel · Power at road
189.3Feb 10, 2026$995,8005,2615,30014.8 mi
70
TX-886146
Paved · Full utilities
64.4Aug 22, 2025$593,1009,2145,0196.9 mi
68
TX-558156
Dirt · Power at road
276.1Jun 12, 2024$963,7003,4914,8616.9 mi
64
TX-395198
Paved · Power at road
32.4Oct 10, 2024$354,90010,9586,60110.2 mi
56
Show adjustment detail for the top comp
  • Tract size (89.5 ac → 112.93 ac)-5.6%
  • Access (Gravel → Dirt)-14.0%
  • 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.