NM-137701
191 County Road 142
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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.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 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 $127,267 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-548273 Landlocked · Full utilities | 581.0 | Jul 27, 2026 | $222,300 | 383 | 450 | 7.2 mi | 77 |
| NM-207581 Gravel · Full utilities | 351.9 | Nov 24, 2025 | $334,900 | 952 | 674 | 11.7 mi | 75 |
| NM-718421 Dirt · Power at road | 646.7 | Jan 23, 2025 | $250,800 | 388 | 484 | 3.3 mi | 72 |
| NM-498922 Paved · Power at road | 929.7 | Jul 27, 2026 | $672,900 | 724 | 692 | 13.2 mi | 70 |
| NM-829029 Dirt · Full utilities | 1004.6 | Dec 27, 2025 | $668,600 | 666 | 751 | 3.3 mi | 70 |
| NM-878870 Paved · Off grid | 895.3 | Jun 30, 2026 | $475,100 | 531 | 592 | 11.2 mi | 68 |
| NM-286663 Dirt · Power at road | 181.0 | Jan 17, 2025 | $107,900 | 596 | 512 | 7.9 mi | 67 |
| NM-306549 Landlocked · Power at road | 166.6 | Dec 15, 2025 | $109,600 | 658 | 674 | 10.6 mi | 66 |
| NM-837020 Paved · Off grid | 234.4 | Jan 17, 2025 | $196,400 | 838 | 664 | 6.8 mi | 66 |
| NM-266151 Gravel · Full utilities | 124.9 | Jul 16, 2026 | $172,000 | 1,377 | 711 | 12.6 mi | 65 |
Show adjustment detail for the top comp
- Tract size (580.98 ac → 383.89 ac)+13.3%
- Access (Landlocked → Dirt)+26.5%
- Utilities (Full utilities → Power at road)-18.0%
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.