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Terrebonne County, LA · Sold

LA-487743

6903 County Road 253

$481,900
$2,716/ac · 177 ac
Acreage177 ac
Price per acre$2,716/ac
ZoningRecreational
Road accessPaved
UtilitiesFull utilities
TopographyFlat
ListedMar 20, 2024
Coordinates29.4011, -90.7904
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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

Terrebonne County, Louisiana. Timber and marsh-adjacent tracts; drainage defines usable acreage.

View Terrebonne market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands39.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area101.96 of 177.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$618,022
$501,254$734,790 · $3,484/ac on 177 ac
Asking vs estimate
-22.0%
Priced below 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 $481,900
Maximum allowable offer
$353,156
$1,991/ac · +30.0% target margin

You need $128,744 off asking to hit this margin.

All-in cost$383,174
Net resale$568,581
Projected profit$185,406
ROI+48.4%
Annualized+69.2%
Break-even resale$2,348/ac
Profit if resale lands off target
-20%
$71,690
-10%
$128,548
0%
$185,406
+10%
$242,264
+20%
$299,123
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-108018
Dirt · Power at road
216.5Jul 27, 2026$354,7001,6382,9059.6 mi
84
LA-627025
Paved · Off grid
105.5Jul 27, 2026$277,5002,6323,3035.3 mi
79
LA-816997
Paved · Full utilities
103.3Jun 7, 2026$316,7003,0652,68211.5 mi
76
LA-468217
Landlocked · Off grid
250.1Jul 27, 2026$317,6001,2703,49114.0 mi
75
LA-977276
Dirt · Power at road
126.5Aug 4, 2025$308,5002,4393,8932.4 mi
74
LA-937661
Gravel · Power at road
167.2Mar 19, 2025$547,9003,2774,91710.4 mi
72
LA-896777
Dirt · Off grid
88.1May 19, 2025$146,9001,6682,8863.5 mi
71
LA-346351
Landlocked · Off grid
64.7Dec 4, 2025$134,6002,0794,1485.0 mi
70
LA-588402
Dirt · Full utilities
285.9Jan 30, 2025$648,7002,2693,7925.0 mi
69
LA-387177
Gravel · Full utilities
117.7Dec 1, 2024$309,0002,6252,9786.8 mi
69
Show adjustment detail for the top comp
  • Tract size (216.51 ac → 177.4 ac)+5.7%
  • Access (Dirt → Paved)+37.2%
  • 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.