NM-779361
4220 County Road 381
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.
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?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
5,834 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $190,268 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-578891 Paved · Full utilities | 909.1 | Jul 27, 2026 | $590,200 | 649 | 297 | 6.9 mi | 79 |
| NM-699329 Dirt · Off grid | 1248.5 | Jul 23, 2024 | $306,800 | 246 | 265 | 12.3 mi | 74 |
| NM-738638 Gravel · Off grid | 756.8 | Mar 11, 2026 | $190,800 | 252 | 188 | 7.6 mi | 74 |
| NM-268698 Gravel · Power at road | 790.4 | Jan 29, 2026 | $269,800 | 341 | 220 | 7.7 mi | 71 |
| NM-748097 Dirt · Full utilities | 511.4 | Jun 22, 2026 | $228,500 | 447 | 236 | 14.9 mi | 68 |
| NM-468537 Dirt · Power at road | 703.4 | Nov 9, 2025 | $268,500 | 382 | 278 | 15.0 mi | 68 |
Show adjustment detail for the top comp
- Tract size (909.06 ac → 1277.79 ac)-10.1%
- Access (Paved → Dirt)-27.1%
- Utilities (Full utilities → Off grid)-30.3%
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.