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Chaves County, NM · Sold

NM-281508

3171 County Road 260

$8,400
$1,944/ac · 4.32 ac
Acreage4.32 ac
Price per acre$1,944/ac
ZoningRecreational
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedJul 28, 2025
Coordinates33.2466, -104.6279
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

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands3.9% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

520 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area3.94 of 4.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,318
$7,013 – $11,622 · $2,157/ac on 4.32 ac
Asking vs estimate
-9.8%
Priced below 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 $8,400
Maximum allowable offer
$5,324
$1,232/ac · +30.0% target margin

You need $3,076 off asking to hit this margin.

All-in cost$5,777
Net resale$8,572
Projected profit$2,796
ROI+48.4%
Annualized+69.3%
Break-even resale$1,453/ac
Profit if resale lands off target
-20%
$1,081
-10%
$1,938
0%
$2,796
+10%
$3,653
+20%
$4,510
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-130479
Dirt · Full utilities
2.0Jul 27, 2026$2,4001,1681,58010.1 mi
71
NM-383054
Dirt · Full utilities
13.3Jan 22, 2025$15,8001,1931,8880.8 mi
64
NM-342803
Landlocked · Full utilities
11.1Mar 18, 2025$15,9001,4382,81410.6 mi
60
NM-480124
Gravel · Power at road
1.6Mar 11, 2024$1,9001,1681,8136.4 mi
56
NM-702925
Landlocked · Full utilities
12.1Jun 1, 2024$16,9001,4002,84712.0 mi
56
Show adjustment detail for the top comp
  • Tract size (2.05 ac → 4.32 ac)-2.2%
  • Access (Dirt → Paved)+37.2%
  • Market time (2 mo)+0.8%

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.