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Hidalgo County, NM · Sold

NM-170422

7628 County Road 268

$5,900
$2,995/ac · 1.97 ac
Acreage1.97 ac
Price per acre$2,995/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedDec 13, 2023
Coordinates31.8877, -108.8740
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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

1 item to verify before you offer.

Risk index
20
Low risk
Wetlands9.1% of tract

Little to no mapped wetland coverage.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power27 ft away

Power at or near the road.

Buildable area1.70 of 1.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,362
$3,614$5,111 · $2,214/ac on 1.97 ac
Asking vs estimate
+35.2%
Priced above the comp set

Weighted from 6 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 $5,900
Maximum allowable offer
$2,493
$1,265/ac · +30.0% target margin

You need $3,407 off asking to hit this margin.

All-in cost$2,705
Net resale$4,013
Projected profit$1,309
ROI+48.4%
Annualized+69.2%
Break-even resale$1,492/ac
Profit if resale lands off target
-20%
$506
-10%
$907
0%
$1,309
+10%
$1,710
+20%
$2,111
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-100108
Gravel · Power at road
1.6Jul 27, 2026$3,9002,4712,4672.9 mi
88
NM-111353
Gravel · Off grid
3.9Jul 27, 2026$5,8001,5111,8155.9 mi
81
NM-781642
Gravel · Off grid
4.8Apr 8, 2026$10,1002,1232,6037.8 mi
75
NM-652867
Gravel · Power at road
11.6Jul 27, 2026$28,1002,4322,6518.9 mi
72
NM-540193
Landlocked · Full utilities
1.7Jan 14, 2025$2,5001,4901,91010.1 mi
69
NM-953127
Landlocked · Power at road
14.0Feb 27, 2026$14,5001,0391,7259.8 mi
59
Show adjustment detail for the top comp

    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.