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Hidalgo County, NM · Sold

NM-953127

5823 County Road 18

$17,400
$1,246/ac · 13.97 ac
Acreage13.97 ac
Price per acre$1,246/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedJul 11, 2025
Coordinates31.8287, -108.7217
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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

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

4 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands12.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power16 ft away

Power at or near the road.

Buildable area11.60 of 13.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$19,564
$14,868$24,260 · $1,400/ac on 13.97 ac
Asking vs estimate
-11.1%
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 $17,400
Maximum allowable offer
$11,179
$800/ac · +30.0% target margin

You need $6,221 off asking to hit this margin.

All-in cost$12,129
Net resale$17,999
Projected profit$5,869
ROI+48.4%
Annualized+69.3%
Break-even resale$944/ac
Profit if resale lands off target
-20%
$2,270
-10%
$4,070
0%
$5,869
+10%
$7,669
+20%
$9,469
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-652867
Gravel · Power at road
11.6Jul 27, 2026$28,1002,4321,6289.7 mi
81
NM-233821
Dirt · Off grid
23.1Jun 27, 2026$20,2008738671.0 mi
80
NM-324596
Paved · Power at road
40.5Apr 23, 2026$107,0002,6441,7954.8 mi
74
NM-373561
Gravel · Off grid
19.1Nov 28, 2025$22,3001,1669957.1 mi
73
NM-781642
Gravel · Off grid
4.8Apr 8, 2026$10,1002,1231,5995.7 mi
67
NM-204305
Landlocked · Off grid
32.8Feb 18, 2025$34,4001,0491,4703.6 mi
66
NM-573516
Paved · Full utilities
18.5Feb 4, 2025$62,0003,3501,73813.7 mi
66
NM-543793
Gravel · Power at road
22.6Sep 18, 2023$31,3001,3821,11711.6 mi
61
NM-644655
Landlocked · Power at road
42.3Oct 26, 2024$36,9008731,10110.4 mi
60
NM-764768
Dirt · Power at road
45.9Jun 28, 2024$77,5001,6891,7334.7 mi
59
Show adjustment detail for the top comp
  • Tract size (11.57 ac → 13.97 ac)-1.8%
  • Access (Gravel → Landlocked)-32.0%

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.