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Hidalgo County, NM · Sold

NM-543793

6383 County Road 150

$36,400
$1,608/ac · 22.63 ac
Acreage22.63 ac
Price per acre$1,608/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedAug 20, 2023
Coordinates31.9837, -108.7976
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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands10.4% of tract

Little to no mapped wetland coverage.

Average slope5.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,188 ft of deeded road frontage.

Power179 ft away

Power at or near the road.

Buildable area19.26 of 22.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$41,605
$31,666$51,544 · $1,838/ac on 22.63 ac
Asking vs estimate
-12.5%
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 $36,400
Maximum allowable offer
$23,774
$1,051/ac · +30.0% target margin

You need $12,626 off asking to hit this margin.

All-in cost$25,795
Net resale$38,277
Projected profit$12,482
ROI+48.4%
Annualized+69.3%
Break-even resale$1,239/ac
Profit if resale lands off target
-20%
$4,827
-10%
$8,654
0%
$12,482
+10%
$16,310
+20%
$20,137
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-233821
Dirt · Off grid
23.1Jun 27, 2026$20,2008731,20411.1 mi
81
NM-652867
Gravel · Power at road
11.6Jul 27, 2026$28,1002,4322,2602.8 mi
81
NM-324596
Paved · Power at road
40.5Apr 23, 2026$107,0002,6442,4926.8 mi
74
NM-373561
Gravel · Off grid
19.1Nov 28, 2025$22,3001,1661,38215.3 mi
74
NM-573516
Paved · Full utilities
18.5Feb 4, 2025$62,0003,3502,4132.1 mi
74
NM-953127
Landlocked · Power at road
14.0Feb 27, 2026$14,5001,0391,47011.6 mi
72
NM-644655
Landlocked · Power at road
42.3Oct 26, 2024$36,9008731,5299.2 mi
68
NM-585288
Dirt · Power at road
66.8Aug 29, 2025$78,6001,1761,7294.6 mi
66
NM-614951
Gravel · Off grid
52.4Apr 9, 2025$68,2001,3031,8708.8 mi
64
NM-204305
Landlocked · Off grid
32.8Feb 18, 2025$34,4001,0492,04115.2 mi
64
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (2 mo)+0.6%

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.