← New search
Catron County, NM · Sold

NM-236737

4079 County Road 205

$96,500
$505/ac · 191 ac
Acreage191 ac
Price per acre$505/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedMay 16, 2025
Coordinates33.8522, -108.4659
Loading terrain…
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

Catron County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Catron market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands5.5% of tract

Little to no mapped wetland coverage.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power13,312 ft away

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

Buildable area171.43 of 190.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$77,066
$67,611$86,520 · $404/ac on 191 ac
Asking vs estimate
+25.2%
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 $96,500
Maximum allowable offer
$44,038
$231/ac · +30.0% target margin

You need $52,462 off asking to hit this margin.

All-in cost$47,781
Net resale$70,900
Projected profit$23,119
ROI+48.4%
Annualized+69.2%
Break-even resale$272/ac
Profit if resale lands off target
-20%
$8,939
-10%
$16,029
0%
$23,119
+10%
$30,209
+20%
$37,299
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-136202
Gravel · Off grid
129.6Jul 27, 2026$91,80070843517.5 mi
74
NM-716486
Paved · Off grid
159.2Mar 5, 2025$124,3007814546.2 mi
74
NM-956017
Dirt · Power at road
113.3Aug 23, 2024$77,8006874351.7 mi
72
NM-748097
Dirt · Full utilities
511.4Jun 22, 2026$228,5004473304.7 mi
70
NM-746016
Gravel · Off grid
113.3Dec 15, 2023$61,0005383547.5 mi
64
Show adjustment detail for the top comp
  • Tract size (129.6 ac → 190.95 ac)-9.9%
  • 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.