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Hidalgo County, NM · Sold

NM-233821

8290 County Road 105

$24,400
$1,057/ac · 23.09 ac
Acreage23.09 ac
Price per acre$1,057/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedJan 23, 2026
Coordinates31.8411, -108.7119
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
26
Low risk
Wetlands19.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,223 ft of deeded road frontage.

Power12,122 ft away

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

Buildable area17.64 of 23.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$33,141
$25,951$40,331 · $1,435/ac on 23.09 ac
Asking vs estimate
-26.4%
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 $24,400
Maximum allowable offer
$18,938
$820/ac · +30.0% target margin

You need $5,462 off asking to hit this margin.

All-in cost$20,548
Net resale$30,490
Projected profit$9,942
ROI+48.4%
Annualized+69.2%
Break-even resale$967/ac
Profit if resale lands off target
-20%
$3,844
-10%
$6,893
0%
$9,942
+10%
$12,991
+20%
$16,040
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-373561
Gravel · Off grid
19.1Nov 28, 2025$22,3001,1661,0076.5 mi
82
NM-953127
Landlocked · Power at road
14.0Feb 27, 2026$14,5001,0391,0721.0 mi
77
NM-324596
Paved · Power at road
40.5Apr 23, 2026$107,0002,6441,8174.4 mi
74
NM-652867
Gravel · Power at road
11.6Jul 27, 2026$28,1002,4321,6489.1 mi
72
NM-204305
Landlocked · Off grid
32.8Feb 18, 2025$34,4001,0491,4884.4 mi
72
NM-655226
Dirt · Full utilities
63.9Dec 24, 2025$140,6002,2011,8904.6 mi
69
NM-543793
Gravel · Power at road
22.6Sep 18, 2023$31,3001,3821,13011.1 mi
68
NM-614951
Gravel · Off grid
52.4Apr 9, 2025$68,2001,3031,3632.8 mi
68
NM-585288
Dirt · Power at road
66.8Aug 29, 2025$78,6001,1761,2619.2 mi
68
NM-573516
Paved · Full utilities
18.5Feb 4, 2025$62,0003,3501,75913.1 mi
67
Show adjustment detail for the top comp
  • Tract size (19.13 ac → 23.09 ac)-2.5%
  • Access (Gravel → Dirt)-14.0%
  • Market time (9 mo)+3.0%

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.