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Harding County, NM · Sold

NM-148960

1058 County Road 153

$555,900
$582/ac · 956 ac
Acreage956 ac
Price per acre$582/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedFeb 17, 2025
Coordinates35.8269, -103.9046
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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

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

View Harding market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
27
Low risk
Wetlands3.7% of tract

Little to no mapped wetland coverage.

Average slope4.6%

Gentle grade, straightforward to develop.

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 area874.28 of 955.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$673,815
$572,614$775,017 · $705/ac on 956 ac
Asking vs estimate
-17.5%
Priced below the comp set

Weighted from 10 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 $555,900
Maximum allowable offer
$385,037
$403/ac · +30.0% target margin

You need $170,863 off asking to hit this margin.

All-in cost$417,765
Net resale$619,910
Projected profit$202,145
ROI+48.4%
Annualized+69.2%
Break-even resale$475/ac
Profit if resale lands off target
-20%
$78,163
-10%
$140,154
0%
$202,145
+10%
$264,136
+20%
$326,127
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-249290
Landlocked · Power at road
1213.7Jul 27, 2026$687,9005677469.3 mi
82
NM-898584
Gravel · Off grid
727.8Jul 27, 2026$508,2006986285.7 mi
80
NM-588060
Dirt · Power at road
497.9Jul 27, 2026$348,8007015556.6 mi
74
NM-258577
Dirt · Power at road
724.1Apr 1, 2025$590,5008157643.7 mi
72
NM-608525
Dirt · Full utilities
697.3Jun 4, 2025$662,8009517169.5 mi
71
NM-887963
Dirt · Full utilities
464.1Jul 19, 2025$454,7009806492.4 mi
71
NM-369062
Dirt · Power at road
1028.9Mar 11, 2024$828,80080587610.9 mi
68
NM-319765
Gravel · Power at road
1712.2Apr 23, 2024$950,60055560610.2 mi
64
NM-599664
Paved · Off grid
1591.4Oct 21, 2024$1,359,3008548927.2 mi
64
NM-597743
Dirt · Off grid
395.7Sep 12, 2025$278,40070463411.7 mi
61
Show adjustment detail for the top comp
  • Tract size (1213.73 ac → 955.65 ac)+7.7%
  • Utilities (Power at road → Full utilities)+22.0%

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.