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Hidalgo County, NM · Sold

NM-644655

9488 County Road 9

$39,100
$925/ac · 42.26 ac
Acreage42.26 ac
Price per acre$925/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedDec 4, 2023
Coordinates31.9634, -108.6432
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

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

View Hidalgo market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands14.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.5%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power113 ft away

Power at or near the road.

Buildable area34.53 of 42.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$51,345
$40,282$62,408 · $1,215/ac on 42.26 ac
Asking vs estimate
-23.8%
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 $39,100
Maximum allowable offer
$29,340
$694/ac · +30.0% target margin

You need $9,760 off asking to hit this margin.

All-in cost$31,834
Net resale$47,237
Projected profit$15,404
ROI+48.4%
Annualized+69.3%
Break-even resale$819/ac
Profit if resale lands off target
-20%
$5,956
-10%
$10,680
0%
$15,404
+10%
$20,127
+20%
$24,851
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-324596
Paved · Power at road
40.5Apr 23, 2026$107,0002,6441,5318.4 mi
83
NM-585288
Dirt · Power at road
66.8Aug 29, 2025$78,6001,1761,0624.5 mi
73
NM-855128
Gravel · Off grid
59.5Feb 22, 2025$73,4001,2331,1220.7 mi
73
NM-233821
Dirt · Off grid
23.1Jun 27, 2026$20,2008737409.4 mi
72
NM-655226
Dirt · Full utilities
63.9Dec 24, 2025$140,6002,2011,5939.2 mi
71
NM-204305
Landlocked · Off grid
32.8Feb 18, 2025$34,4001,0491,25413.3 mi
70
NM-614951
Gravel · Off grid
52.4Apr 9, 2025$68,2001,3031,1499.5 mi
70
NM-764768
Dirt · Power at road
45.9Jun 28, 2024$77,5001,6891,47814.7 mi
69
NM-325814
Paved · Off grid
97.8Jan 4, 2026$149,7001,5301,27713.7 mi
68
NM-953127
Landlocked · Power at road
14.0Feb 27, 2026$14,5001,03990310.4 mi
68
Show adjustment detail for the top comp
  • Tract size (40.49 ac → 42.26 ac)-0.8%
  • Access (Paved → Landlocked)-42.4%
  • Market time (4 mo)+1.3%

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.