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Hidalgo County, NM · Sold

NM-652867

2856 County Road 218

$33,300
$2,878/ac · 11.57 ac
Acreage11.57 ac
Price per acre$2,878/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedAug 10, 2025
Coordinates31.9671, -108.7540
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

3 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands35.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

832 ft of deeded road frontage.

Power201 ft away

Power at or near the road.

Buildable area7.12 of 11.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$22,489
$16,828$28,149 · $1,944/ac on 11.57 ac
Asking vs estimate
+48.1%
Priced above the comp set

Weighted from 9 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 $33,300
Maximum allowable offer
$12,851
$1,111/ac · +30.0% target margin

You need $20,449 off asking to hit this margin.

All-in cost$13,943
Net resale$20,689
Projected profit$6,746
ROI+48.4%
Annualized+69.2%
Break-even resale$1,310/ac
Profit if resale lands off target
-20%
$2,608
-10%
$4,677
0%
$6,746
+10%
$8,815
+20%
$10,884
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-111353
Gravel · Off grid
3.9Jul 27, 2026$5,8001,5111,6694.5 mi
78
NM-953127
Landlocked · Power at road
14.0Feb 27, 2026$14,5001,0391,5869.7 mi
78
NM-781642
Gravel · Off grid
4.8Apr 8, 2026$10,1002,1232,3934.0 mi
77
NM-233821
Dirt · Off grid
23.1Jun 27, 2026$20,2008731,2999.1 mi
71
NM-373561
Gravel · Off grid
19.1Nov 28, 2025$22,3001,1661,49012.7 mi
70
NM-573516
Paved · Full utilities
18.5Feb 4, 2025$62,0003,3502,6024.3 mi
68
NM-324596
Paved · Power at road
40.5Apr 23, 2026$107,0002,6442,6885.3 mi
68
NM-543793
Gravel · Power at road
22.6Sep 18, 2023$31,3001,3821,6722.8 mi
67
NM-204305
Landlocked · Off grid
32.8Feb 18, 2025$34,4001,0492,20113.4 mi
56
Show adjustment detail for the top comp
  • Tract size (3.86 ac → 11.57 ac)-6.4%
  • Utilities (Off grid → Power at road)+17.6%

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.