We use the shotgunwholesaling.com land calculator on almost every wholesale deal. It is not fancy. It does not give you the exact sale price. What it does is give us a fast comparison between asking price, comparable sales, holding costs, and a rough resale range. That is usually enough to decide whether to make an offer.
We start with acreage, asking price, county, and access type. If the land is landlocked, we mark it. If it has a recorded easement, we mark it. Those details change the final spread dramatically. We also enter whether the seller wants cash or seller financing terms, because those terms change how much we can offer today.
The calculator pulls recent sold parcels in the same county and nearby counties. We review those comps manually rather than accepting the first number. We adjust for timber, creek frontage, road frontage, and whether the parcel has utilities nearby. A twenty acre timbered tract with no road access is not worth the same price per acre as a twenty acre tract on a county road. We compare like with like.
Taxes, insurance, fence repair, and weed control all add up. We enter a holding cost estimate in the calculator and then we set a flip timeline. If the spread between our offer and projected resale is too thin to cover holding costs and a profit margin, we pass.
For sellers who want monthly payments rather than a lump sum, we use the calculator to estimate what a land contract or owner-finance note might look like. We look at down payment, term length, and interest rate. The goal is to make the monthly payment attractive enough for the seller while keeping our spread healthy.
The calculator speeds the first pass. It does not replace the county appraisal district search, the title review, or the field visit. We still walk the land. We still call the CAD. We still verify access. The calculator tells us where to spend time. It does not tell us whether the land is actually worth buying.
For more on Texas land underwriting, see texaslandkings.com.