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Chaves County, NM · Sold

NM-953712

3548 County Road 344

$22,100
$1,036/ac · 21.34 ac
Acreage21.34 ac
Price per acre$1,036/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedMay 5, 2024
Coordinates33.5020, -104.5579
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

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

View Chaves market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
24
Low risk
Wetlands5.4% of tract

Little to no mapped wetland coverage.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power6,816 ft away

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

Buildable area19.18 of 21.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$27,115
$23,069$31,161 · $1,271/ac on 21.34 ac
Asking vs estimate
-18.5%
Priced below the comp set

Weighted from 7 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 $22,100
Maximum allowable offer
$15,494
$726/ac · +30.0% target margin

You need $6,606 off asking to hit this margin.

All-in cost$16,811
Net resale$24,946
Projected profit$8,135
ROI+48.4%
Annualized+69.3%
Break-even resale$856/ac
Profit if resale lands off target
-20%
$3,146
-10%
$5,640
0%
$8,135
+10%
$10,630
+20%
$13,124
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-953987
Gravel · Off grid
26.1Jul 27, 2026$30,7001,1791,2158.1 mi
85
NM-203693
Landlocked · Full utilities
21.1Feb 6, 2026$20,7009831,02712.9 mi
77
NM-703814
Dirt · Off grid
23.0Aug 14, 2024$26,4001,1501,4648.2 mi
73
NM-435391
Gravel · Off grid
72.0Jul 9, 2026$75,6001,0501,31414.5 mi
68
NM-702925
Landlocked · Full utilities
12.1Jun 1, 2024$16,9001,4001,47014.5 mi
63
NM-342803
Landlocked · Full utilities
11.1Mar 18, 2025$15,9001,4381,4538.5 mi
63
NM-383054
Dirt · Full utilities
13.3Jan 22, 2025$15,8001,19397518.8 mi
60
Show adjustment detail for the top comp
  • Tract size (26.05 ac → 21.34 ac)+2.8%

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.