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Hidalgo County, NM · Sold

NM-325814

9587 County Road 315

$156,900
$1,604/ac · 97.84 ac
Acreage97.84 ac
Price per acre$1,604/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedJul 26, 2025
Coordinates31.8768, -108.8542
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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands17.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,548 ft of deeded road frontage.

Power7,152 ft away

A long utility run — price in solar/off-grid instead.

Buildable area76.68 of 97.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$152,711
$125,561$179,862 · $1,561/ac on 97.84 ac
Asking vs estimate
+2.7%
In line with 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 $156,900
Maximum allowable offer
$87,264
$892/ac · +30.0% target margin

You need $69,636 off asking to hit this margin.

All-in cost$94,681
Net resale$140,495
Projected profit$45,813
ROI+48.4%
Annualized+69.2%
Break-even resale$1,052/ac
Profit if resale lands off target
-20%
$17,714
-10%
$31,764
0%
$45,813
+10%
$59,863
+20%
$73,912
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-845590
Paved · Power at road
83.2Jul 3, 2025$120,6001,4491,2414.8 mi
77
NM-586157
Gravel · Off grid
125.4Mar 10, 2025$160,1001,2761,7005.8 mi
73
NM-324596
Paved · Power at road
40.5Apr 23, 2026$107,0002,6441,8825.7 mi
72
NM-585288
Dirt · Power at road
66.8Aug 29, 2025$78,6001,1761,30610.4 mi
68
NM-655226
Dirt · Full utilities
63.9Dec 24, 2025$140,6002,2011,95713.3 mi
68
NM-614951
Gravel · Off grid
52.4Apr 9, 2025$68,2001,3031,4126.1 mi
67
NM-917228
Landlocked · Power at road
272.5Jul 27, 2026$246,1009031,75911.2 mi
67
NM-855128
Gravel · Off grid
59.5Feb 22, 2025$73,4001,2331,37914.4 mi
64
NM-644655
Landlocked · Power at road
42.3Oct 26, 2024$36,9008731,15513.7 mi
62
NM-764768
Dirt · Power at road
45.9Jun 28, 2024$77,5001,6891,8177.5 mi
60
Show adjustment detail for the top comp
  • Tract size (83.19 ac → 97.84 ac)-3.8%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (13 mo)+4.7%

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.