Reeves County, TX · Sold

TX-439602

3125 County Road 262

$1,690,700

$2,148/ac · 787 ac

Offer report Market this tract

Acreage787 ac

Price per acre$2,148/ac

ZoningResidential

Road accessGravel

UtilitiesPower at road

TopographyFlat

ListedFeb 14, 2024

Coordinates31.3853, -103.8112

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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

3 items to verify before you offer.

Risk index

Low risk

Wetlands22.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,081 ft of deeded road frontage.

Power222 ft away

Power at or near the road.

Buildable area580.18 of 787.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,684,959

$1,323,015 – $2,046,903 · $2,141/ac on 787 ac

Asking vs estimate

+0.3%

In line with the comp set

Weighted from 7 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 $1,690,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$962,834

$1,223/ac · +30.0% target margin

You need $727,866 off asking to hit this margin.

All-in cost$1,044,675

Net resale$1,550,162

Projected profit$505,487

ROI+48.4%

Annualized+69.2%

Break-even resale$1,443/ac

Profit if resale lands off target

-20%

$195,455

-10%

$350,471

$505,487

+10%

$660,503

+20%

$815,520

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
TX-129205 Dirt · Power at road	590.3	Feb 23, 2025	$1,045,100	1,771	2,002	4.8 mi	77
TX-457719 Gravel · Power at road	201.2	Jul 2, 2026	$839,000	4,170	2,799	3.0 mi	73
TX-896805 Dirt · Full utilities	103.8	Jul 27, 2026	$401,900	3,873	2,074	5.6 mi	63
TX-708405 Gravel · Off grid	330.7	Oct 5, 2025	$474,500	1,435	1,347	17.4 mi	62
TX-486892 Gravel · Off grid	110.5	Jul 22, 2025	$424,800	3,844	2,690	3.2 mi	60
TX-648514 Dirt · Off grid	357.8	May 27, 2025	$652,700	1,824	2,067	15.4 mi	59
TX-276773 Landlocked · Off grid	101.4	Dec 17, 2024	$186,000	1,834	1,892	10.5 mi	49

Show adjustment detail for the top comp

Tract size (590.3 ac → 787 ac)-8.4%
Access (Dirt → Gravel)+16.3%
Market time (18 mo)+6.2%

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.

Build the listing kit Post a deal or JV