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Reeves County, TX · Sold

TX-692114

1198 County Road 275

$22,600
$6,513/ac · 3.47 ac
Acreage3.47 ac
Price per acre$6,513/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedNov 28, 2025
Coordinates31.3938, -103.8309
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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

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

View Reeves market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area3.08 of 3.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$22,452
$17,270$27,634 · $6,470/ac on 3.47 ac
Asking vs estimate
+0.7%
In line with 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 $22,600
Maximum allowable offer
$12,830
$3,697/ac · +30.0% target margin

You need $9,770 off asking to hit this margin.

All-in cost$13,921
Net resale$20,656
Projected profit$6,735
ROI+48.4%
Annualized+69.2%
Break-even resale$4,361/ac
Profit if resale lands off target
-20%
$2,604
-10%
$4,670
0%
$6,735
+10%
$8,801
+20%
$10,867
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-182160
Gravel · Power at road
3.6Jul 27, 2026$13,3003,7094,54010.5 mi
90
TX-522107
Dirt · Power at road
3.5Mar 14, 2026$12,2003,5305,09613.1 mi
78
TX-921695
Landlocked · Power at road
2.6Jun 24, 2026$8,2003,2075,7379.1 mi
77
TX-122839
Dirt · Power at road
5.9Jul 27, 2026$23,5004,0065,8229.2 mi
74
TX-221190
Gravel · Full utilities
1.8Feb 16, 2025$13,6007,6277,9727.2 mi
73
TX-121676
Landlocked · Off grid
2.5Oct 21, 2025$10,8004,2879,2757.5 mi
72
TX-863122
Paved · Power at road
7.2Jan 9, 2025$38,2005,3096,0594.2 mi
64
TX-212780
Gravel · Power at road
5.6Oct 6, 2024$23,3004,1525,57014.7 mi
63
TX-353342
Dirt · Off grid
8.4Feb 18, 2025$34,8004,1247,6445.5 mi
62
TX-900567
Dirt · Off grid
1.1Feb 29, 2024$5,1004,5058,10513.0 mi
52
Show adjustment detail for the top comp
  • 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.