The problem
Every lot looks good in the listing.
Builders don't lose money on houses. They lose it on lots — in the price paid, the site costs nobody scoped, and the exit comp that was never real.
Listing view
$180,000
Flat lot. Good school district. Listed as “ready to build.” Looks like a deal on paper.
LotAlpha project viability
NEGOTIATE
Closed sales support the product, but the current acquisition basis compresses return. Resize the plan or improve the basis before proceeding.
How it works
From lot to project decision in three steps
01
Drop in a parcel
Address, APN, or map pin. LotAlpha pulls zoning, dimensions, utilities, topography, and constraints automatically.
02
Read what the market supports
Closed sales, active competition, an area-supported build box, and a sales-supported exit range.
03
Test project viability
Pursue, negotiate, or pass based on product fit and builder economics at your acquisition basis.
Product by workflow
Built around how builders actually buy land
Not a feature list — the five questions you ask between finding a lot and wiring earnest money.
Source
“Which lots are even worth a look?”
Lot Screener
Filter a market down to parcels that fit your product and price band.
Verify
“Can I actually build what I want here?”
Buildability Engine
Zoning, setbacks, envelope, utilities, and constraint flags.
Underwrite
“What are the real numbers?”
Deal Underwrite
Closed-sale support, active competition, product fit, and builder economics.
Decide
“Does this project clear — or do I walk?”
Decision Sheet
Project viability at your basis, with exit and cost sensitivity.
Defend
“Can I get this funded and closed?”
Export & Share
Lender-ready one-pager, partner sharing, and offer justification.
Proof
One honest underwrite beats every adjective
This lot listed at $180K. Closed-sale support and builder economics show whether the intended product clears — and what must change when it does not.
Lot underwrite
303 Highland Blvd · Little Elm, TX 75068
Single family · 2,500–3,500 SF · Construction loan
Decision
PURSUE
Sales-supported ARV
$586,000
Closed-sale support
6 comps
Estimated profit
$104,300
Deal score
87 / 100
Why this clears
- 6 new-construction comps within 1 mile
- 2.1 months of supply — undersupplied market
- Outside FEMA special flood hazard area
- ROI clears your 20% minimum at the entered basis
Underwriting snapshot
- Build cost (3,000 SF @ $110)
- $330,000
- Soft costs and financing reserve
- $62,800
- All-in project cost
- $481,700
- Projected ROI
- 21.7%
Example underwrite with illustrative numbers. Run your own parcel for live results.
Underwrite your lot →Who it's for
Built for the people who put money into dirt
Builders & spec developers
You're evaluating lots weekly and every underwrite is a fire drill. LotAlpha gives you a repeatable screen — make offers faster, pass faster on deals that would have hurt you.
Start underwriting →Builder schools
Your students' first land purchase is the highest-risk decision of their career. LotAlpha gives them a real underwriting tool to learn on — and take with them.
Partner with us →Land investors
Your edge is buying below residual value and selling to the builder who can see it. LotAlpha quantifies both sides of that trade on every parcel you look at.
Run an underwrite →Builder school partnerships
Give your students the tool the industry doesn't teach.
Classroom licenses, a lot-underwriting curriculum on real local parcels, and graduate pricing so students keep the tool when they start buying.
Pricing
Start free. Scale as you buy.
Free
$0
3 underwrites / month
Most popular
Builder
$99/mo
30 underwrites / month
Pro Builder
$199/mo
100 underwrites / month
Studio
$399/mo
300 underwrites / month + team
Need custom volume, school licenses, or a larger team? See full pricing.
Run your first underwrite free.
Three free underwrites. No credit card. Know what the dirt is worth before you buy it.