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Oldham County, TX · Sold

TX-395198

1496 County Road 324

$380,000
$11,732/ac · 32.39 ac
Acreage32.39 ac
Price per acre$11,732/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedApr 19, 2024
Coordinates35.3459, -102.5485
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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

2 items to verify before you offer.

Risk index
15
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope18.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

654 ft of deeded road frontage.

Power163 ft away

Power at or near the road.

Buildable area25.63 of 32.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$353,075
$309,920$396,230 · $10,901/ac on 32.39 ac
Asking vs estimate
+7.6%
Priced above the comp set

Weighted from 6 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 $380,000
Maximum allowable offer
$201,757
$6,229/ac · +30.0% target margin

You need $178,243 off asking to hit this margin.

All-in cost$218,906
Net resale$324,829
Projected profit$105,922
ROI+48.4%
Annualized+69.2%
Break-even resale$7,346/ac
Profit if resale lands off target
-20%
$40,957
-10%
$73,439
0%
$105,922
+10%
$138,405
+20%
$170,888
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-186242
Gravel · Off grid
69.0Jul 27, 2026$444,0006,43410,3772.2 mi
76
TX-176601
Gravel · Power at road
89.5Jun 14, 2026$704,7007,87311,5204.1 mi
72
TX-536683
Gravel · Power at road
95.0Jul 27, 2026$755,5007,95511,7507.0 mi
71
TX-886146
Paved · Full utilities
64.4Aug 22, 2025$593,1009,2148,9784.4 mi
71
TX-693544
Gravel · Power at road
9.8Nov 23, 2024$88,4009,0449,9118.5 mi
58
TX-986922
Dirt · Power at road
112.9Aug 7, 2024$768,9006,80913,21610.2 mi
55
Show adjustment detail for the top comp
  • Tract size (69 ac → 32.39 ac)+15.9%
  • Access (Gravel → Paved)+18.0%
  • 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.