← New search
Eddy County, NM · Sold

NM-300629

7902 County Road 159

$3,500
$1,528/ac · 2.29 ac
Acreage2.29 ac
Price per acre$1,528/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedMar 4, 2026
Coordinates32.3378, -104.3720
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

Eddy County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Eddy market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands3.3% of tract

Little to no mapped wetland coverage.

Average slope7.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

159 ft of deeded road frontage.

Power4,576 ft away

Service extension needed; get a utility quote.

Buildable area2.10 of 2.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,734
$3,142$4,327 · $1,631/ac on 2.29 ac
Asking vs estimate
-6.3%
Priced below the comp set

Weighted from 6 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 $3,500
Maximum allowable offer
$2,134
$932/ac · +30.0% target margin

You need $1,366 off asking to hit this margin.

All-in cost$2,315
Net resale$3,436
Projected profit$1,120
ROI+48.4%
Annualized+69.2%
Break-even resale$1,099/ac
Profit if resale lands off target
-20%
$433
-10%
$777
0%
$1,120
+10%
$1,464
+20%
$1,807
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-980386
Paved · Off grid
1.9Oct 15, 2025$2,8001,4401,48514.4 mi
75
NM-110755
Paved · Off grid
2.5Mar 1, 2024$3,4001,3351,47711.9 mi
72
NM-561460
Paved · Off grid
4.2Jun 3, 2024$8,2001,9702,19214.7 mi
62
NM-722668
Gravel · Power at road
10.0Nov 11, 2024$14,2001,4211,63911.7 mi
56
NM-782760
Dirt · Full utilities
10.7Apr 4, 2024$14,1001,3181,49212.7 mi
53
NM-952816
Gravel · Power at road
11.2Dec 3, 2024$14,5001,3011,51112.4 mi
51
Show adjustment detail for the top comp
  • Market time (10 mo)+3.5%

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.