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Hidalgo County, NM · Sold

NM-204305

1684 County Road 399

$38,700
$1,180/ac · 32.79 ac
Acreage32.79 ac
Price per acre$1,180/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedDec 4, 2024
Coordinates31.7783, -108.7050
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

5 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands14.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,802 ft away

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

Buildable area26.76 of 32.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$34,314
$25,546$43,082 · $1,046/ac on 32.79 ac
Asking vs estimate
+12.8%
Priced above 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 $38,700
Maximum allowable offer
$19,608
$598/ac · +30.0% target margin

You need $19,092 off asking to hit this margin.

All-in cost$21,275
Net resale$31,569
Projected profit$10,294
ROI+48.4%
Annualized+69.2%
Break-even resale$705/ac
Profit if resale lands off target
-20%
$3,980
-10%
$7,137
0%
$10,294
+10%
$13,451
+20%
$16,608
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-233821
Dirt · Off grid
23.1Jun 27, 2026$20,2008736584.4 mi
81
NM-324596
Paved · Power at road
40.5Apr 23, 2026$107,0002,6441,3618.4 mi
77
NM-953127
Landlocked · Power at road
14.0Feb 27, 2026$14,5001,0398033.6 mi
72
NM-373561
Gravel · Off grid
19.1Nov 28, 2025$22,3001,1667557.3 mi
71
NM-655226
Dirt · Full utilities
63.9Dec 24, 2025$140,6002,2011,4165.5 mi
69
NM-614951
Gravel · Off grid
52.4Apr 9, 2025$68,2001,3031,0216.4 mi
69
NM-644655
Landlocked · Power at road
42.3Oct 26, 2024$36,90087383513.3 mi
68
NM-764768
Dirt · Power at road
45.9Jun 28, 2024$77,5001,6891,3144.7 mi
68
NM-652867
Gravel · Power at road
11.6Jul 27, 2026$28,1002,4321,23513.4 mi
66
NM-325814
Paved · Off grid
97.8Jan 4, 2026$149,7001,5301,13511.1 mi
64
Show adjustment detail for the top comp
  • Tract size (23.09 ac → 32.79 ac)-5.2%
  • Access (Dirt → Landlocked)-20.9%
  • 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.