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Hidalgo County, NM · Sold

NM-855128

5826 County Road 303

$77,700
$1,305/ac · 59.53 ac
Acreage59.53 ac
Price per acre$1,305/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedApr 30, 2024
Coordinates31.9718, -108.6365
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
28
Low risk
Wetlands3.2% of tract

Little to no mapped wetland coverage.

Average slope22.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

691 ft of deeded road frontage.

Power7,726 ft away

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

Buildable area34.58 of 59.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$81,172
$61,599$100,744 · $1,364/ac on 59.53 ac
Asking vs estimate
-4.3%
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 $77,700
Maximum allowable offer
$46,384
$779/ac · +30.0% target margin

You need $31,316 off asking to hit this margin.

All-in cost$50,327
Net resale$74,678
Projected profit$24,351
ROI+48.4%
Annualized+69.2%
Break-even resale$919/ac
Profit if resale lands off target
-20%
$9,416
-10%
$16,883
0%
$24,351
+10%
$31,819
+20%
$39,287
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-655226
Dirt · Full utilities
63.9Dec 24, 2025$140,6002,2011,8599.8 mi
77
NM-585288
Dirt · Power at road
66.8Aug 29, 2025$78,6001,1761,2404.9 mi
76
NM-614951
Gravel · Off grid
52.4Apr 9, 2025$68,2001,3031,34110.2 mi
76
NM-324596
Paved · Power at road
40.5Apr 23, 2026$107,0002,6441,7879.0 mi
74
NM-644655
Landlocked · Power at road
42.3Oct 26, 2024$36,9008731,0970.7 mi
71
NM-233821
Dirt · Off grid
23.1Jun 27, 2026$20,20087386410.1 mi
70
NM-325814
Paved · Off grid
97.8Jan 4, 2026$149,7001,5301,49014.4 mi
69
NM-845590
Paved · Power at road
83.2Jul 3, 2025$120,6001,4491,17810.5 mi
68
NM-764768
Dirt · Power at road
45.9Jun 28, 2024$77,5001,6891,72515.4 mi
67
NM-373561
Gravel · Off grid
19.1Nov 28, 2025$22,3001,1669919.6 mi
66
Show adjustment detail for the top comp
  • Tract size (63.9 ac → 59.53 ac)+1.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (8 mo)+2.7%

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.