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Terrell County, TX · Sold

TX-479020

218 County Road 342

$1,003,000
$1,943/ac · 516 ac
Acreage516 ac
Price per acre$1,943/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedMar 17, 2026
Coordinates30.2978, -101.9429
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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

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

View Terrell market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
74
High risk
Wetlands47.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,438 ft away

A long utility run — price in solar/off-grid instead.

Buildable area256.99 of 516.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$758,185
$604,384$911,986 · $1,469/ac on 516 ac
Asking vs estimate
+32.3%
Priced above 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 $1,003,000
Maximum allowable offer
$433,249
$839/ac · +30.0% target margin

You need $569,751 off asking to hit this margin.

All-in cost$470,075
Net resale$697,530
Projected profit$227,455
ROI+48.4%
Annualized+69.2%
Break-even resale$990/ac
Profit if resale lands off target
-20%
$87,949
-10%
$157,702
0%
$227,455
+10%
$297,208
+20%
$366,961
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TX-149128
Gravel · Off grid
558.3Jul 27, 2026$1,037,2001,8581,2974.4 mi
87
TX-839033
Dirt · Power at road
521.1Jul 27, 2026$1,256,1002,4101,6289.1 mi
83
TX-759156
Gravel · Power at road
569.7Mar 14, 2026$1,069,6001,8771,13811.7 mi
77
TX-747864
Gravel · Power at road
223.4Feb 12, 2026$967,6004,3301,99914.9 mi
64
TX-406258
Gravel · Power at road
69.8Apr 22, 2025$262,4003,7591,33113.3 mi
49
Show adjustment detail for the top comp
  • Tract size (558.27 ac → 516.26 ac)+2.4%
  • Access (Gravel → Landlocked)-32.0%

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.