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Reeves County, TX · Sold

TX-129205

5931 County Road 21

$1,052,500
$1,783/ac · 590 ac
Acreage590 ac
Price per acre$1,783/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedDec 20, 2024
Coordinates31.4121, -103.7367
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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
11
Low risk
Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope11.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,636 ft of deeded road frontage.

Power65 ft away

Power at or near the road.

Buildable area534.99 of 590.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,266,028
$978,884$1,553,173 · $2,145/ac on 590 ac
Asking vs estimate
-16.9%
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 $1,052,500
Maximum allowable offer
$723,445
$1,226/ac · +30.0% target margin

You need $329,055 off asking to hit this margin.

All-in cost$784,938
Net resale$1,164,746
Projected profit$379,808
ROI+48.4%
Annualized+69.2%
Break-even resale$1,445/ac
Profit if resale lands off target
-20%
$146,859
-10%
$263,334
0%
$379,808
+10%
$496,283
+20%
$612,757
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-439602
Gravel · Power at road
787.0Sep 27, 2024$1,790,5002,2752,3064.8 mi
76
TX-457719
Gravel · Power at road
201.2Jul 2, 2026$839,0004,1702,6292.8 mi
73
TX-648514
Dirt · Off grid
357.8May 27, 2025$652,7001,8241,94115.2 mi
65
TX-708405
Gravel · Off grid
330.7Oct 5, 2025$474,5001,4351,26516.5 mi
63
TX-486892
Gravel · Off grid
110.5Jul 22, 2025$424,8003,8442,5277.0 mi
56
Show adjustment detail for the top comp
  • Tract size (787 ac → 590.3 ac)+9.2%
  • Access (Gravel → Dirt)-14.0%
  • Market time (23 mo)+7.9%

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.