NM-266151
5135 County Road 376
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.
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?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Rolling to steep in places; pad prep likely.
Moderate flood hazard on part of the tract.
2,366 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 9 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 $72,158 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-326103 Gravel · Full utilities | 120.6 | Dec 5, 2024 | $122,300 | 1,014 | 1,076 | 4.7 mi | 80 |
| NM-435391 Gravel · Off grid | 72.0 | Jul 9, 2026 | $75,600 | 1,050 | 1,325 | 8.2 mi | 77 |
| NM-945742 Dirt · Power at road | 92.9 | Jul 4, 2026 | $93,500 | 1,006 | 1,332 | 13.9 mi | 75 |
| NM-306549 Landlocked · Power at road | 166.6 | Dec 15, 2025 | $109,600 | 658 | 1,309 | 10.2 mi | 72 |
| NM-596357 Dirt · Full utilities | 145.0 | Jul 11, 2024 | $122,100 | 842 | 1,108 | 7.9 mi | 71 |
| NM-207581 Gravel · Full utilities | 351.9 | Nov 24, 2025 | $334,900 | 952 | 1,309 | 6.4 mi | 69 |
| NM-837020 Paved · Off grid | 234.4 | Jan 17, 2025 | $196,400 | 838 | 1,290 | 8.0 mi | 68 |
| NM-286663 Dirt · Power at road | 181.0 | Jan 17, 2025 | $107,900 | 596 | 995 | 9.8 mi | 66 |
| NM-137701 Dirt · Power at road | 383.9 | Jul 6, 2026 | $254,700 | 663 | 1,295 | 12.6 mi | 65 |
Show adjustment detail for the top comp
- Tract size (120.63 ac → 124.9 ac)-0.9%
- Market time (20 mo)+7.1%
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.