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Chaves County, NM · Sold

NM-702925

7563 County Road 241

$19,600
$1,624/ac · 12.07 ac
Acreage12.07 ac
Price per acre$1,624/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedApr 24, 2024
Coordinates33.3181, -104.4378
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
33
Moderate risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope11.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area11.19 of 12.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,785
$12,387$17,184 · $1,225/ac on 12.07 ac
Asking vs estimate
+32.6%
Priced above 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 $19,600
Maximum allowable offer
$8,449
$700/ac · +30.0% target margin

You need $11,151 off asking to hit this margin.

All-in cost$9,167
Net resale$13,602
Projected profit$4,435
ROI+48.4%
Annualized+69.2%
Break-even resale$826/ac
Profit if resale lands off target
-20%
$1,715
-10%
$3,075
0%
$4,435
+10%
$5,795
+20%
$7,156
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-203693
Landlocked · Full utilities
21.1Feb 6, 2026$20,7009831,0688.3 mi
75
NM-342803
Landlocked · Full utilities
11.1Mar 18, 2025$15,9001,4381,51212.9 mi
75
NM-953987
Gravel · Off grid
26.1Jul 27, 2026$30,7001,1791,2647.4 mi
72
NM-383054
Dirt · Full utilities
13.3Jan 22, 2025$15,8001,1931,01412.7 mi
71
NM-953712
Gravel · Off grid
21.3Nov 10, 2024$20,0009361,04614.5 mi
65
NM-281508
Paved · Full utilities
4.3Oct 12, 2025$9,0002,0791,16212.0 mi
62
NM-703814
Dirt · Off grid
23.0Aug 14, 2024$26,4001,1501,52310.0 mi
61
Show adjustment detail for the top comp
  • Tract size (21.05 ac → 12.07 ac)+6.4%
  • Market time (6 mo)+2.2%

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.