NM-523897
5336 County Road 38
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.
De Baca County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
View De Baca market data →Step 1 · Is this a deal?
No material red flags on the mapped layers.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
1,007 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 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 $11,500 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-794055 Paved · Full utilities | 27.4 | Jul 27, 2026 | $73,700 | 2,694 | 1,640 | 9.9 mi | 81 |
| NM-783216 Dirt · Power at road | 14.9 | Sep 27, 2025 | $26,300 | 1,766 | 1,722 | 3.8 mi | 77 |
| NM-533568 Dirt · Power at road | 19.2 | Oct 8, 2025 | $30,900 | 1,607 | 1,612 | 13.6 mi | 75 |
| NM-313418 Gravel · Off grid | 17.3 | Sep 19, 2025 | $51,800 | 3,003 | 3,015 | 9.3 mi | 74 |
| NM-394114 Dirt · Off grid | 28.6 | Jun 14, 2025 | $43,300 | 1,515 | 1,914 | 10.0 mi | 74 |
| NM-904884 Dirt · Power at road | 49.9 | Jul 1, 2025 | $116,400 | 2,335 | 2,765 | 8.8 mi | 73 |
| NM-353361 Dirt · Full utilities | 16.6 | Apr 16, 2024 | $26,500 | 1,602 | 1,371 | 11.4 mi | 65 |
| NM-742605 Dirt · Off grid | 9.6 | Feb 4, 2026 | $20,800 | 2,178 | 2,365 | 15.4 mi | 64 |
| NM-373108 Landlocked · Power at road | 13.8 | Dec 7, 2024 | $16,200 | 1,176 | 1,486 | 11.3 mi | 64 |
| NM-222271 Gravel · Off grid | 7.5 | Mar 9, 2025 | $13,700 | 1,827 | 1,740 | 4.9 mi | 59 |
Show adjustment detail for the top comp
- Tract size (27.36 ac → 24.4 ac)+1.7%
- Access (Paved → Dirt)-27.1%
- 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.