Hidalgo County, NM · Sold

NM-647568

6292 County Road 332

$398,000

$1,142/ac · 349 ac

Offer report Market this tract

Acreage349 ac

Price per acre$1,142/ac

ZoningRecreational

Road accessDirt

UtilitiesPower at road

TopographyRolling

ListedJan 20, 2025

Coordinates31.8009, -108.6870

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

Low risk

Wetlands9.1% of tract

Little to no mapped wetland coverage.

Average slope12.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power245 ft away

Power at or near the road.

Buildable area253.52 of 348.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$317,092

$260,742 – $373,443 · $910/ac on 349 ac

Asking vs estimate

+25.5%

Priced above the comp set

Weighted from 7 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 $398,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$181,196

$520/ac · +30.0% target margin

You need $216,804 off asking to hit this margin.

All-in cost$196,598

Net resale$291,725

Projected profit$95,127

ROI+48.4%

Annualized+69.2%

Break-even resale$613/ac

Profit if resale lands off target

-20%

$36,782

-10%

$65,955

$95,127

+10%

$124,300

+20%

$153,472

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-767957 Landlocked · Off grid	462.1	Jul 27, 2026	$188,500	408	662	6.5 mi	85
NM-917228 Landlocked · Power at road	272.5	Jul 27, 2026	$246,100	903	1,066	4.7 mi	83
NM-478832 Dirt · Off grid	871.0	Apr 28, 2026	$456,300	524	824	7.8 mi	76
NM-157631 Gravel · Off grid	364.9	Dec 14, 2025	$317,600	870	918	15.3 mi	74
NM-277982 Paved · Power at road	470.6	Dec 29, 2023	$414,400	881	779	7.2 mi	72
NM-588378 Gravel · Full utilities	626.9	Jun 27, 2024	$782,900	1,249	1,144	8.5 mi	66
NM-586157 Gravel · Off grid	125.4	Mar 10, 2025	$160,100	1,276	1,030	6.2 mi	65

Show adjustment detail for the top comp

Tract size (462.11 ac → 348.62 ac)+8.8%
Access (Landlocked → Dirt)+26.5%
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.

Build the listing kit Post a deal or JV