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Hidalgo County, NM · Sold

NM-614951

9470 County Road 291

$82,500
$1,576/ac · 52.36 ac
Acreage52.36 ac
Price per acre$1,576/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedJun 29, 2024
Coordinates31.8614, -108.7527
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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

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands14.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

832 ft of deeded road frontage.

Power8,930 ft away

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

Buildable area42.68 of 52.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$78,334
$62,210$94,458 · $1,496/ac on 52.36 ac
Asking vs estimate
+5.3%
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 $82,500
Maximum allowable offer
$44,762
$855/ac · +30.0% target margin

You need $37,738 off asking to hit this margin.

All-in cost$48,567
Net resale$72,067
Projected profit$23,500
ROI+48.4%
Annualized+69.3%
Break-even resale$1,008/ac
Profit if resale lands off target
-20%
$9,087
-10%
$16,294
0%
$23,500
+10%
$30,707
+20%
$37,914
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-324596
Paved · Power at road
40.5Apr 23, 2026$107,0002,6441,8362.1 mi
85
NM-655226
Dirt · Full utilities
63.9Dec 24, 2025$140,6002,2011,9097.2 mi
81
NM-845590
Paved · Power at road
83.2Jul 3, 2025$120,6001,4491,2101.4 mi
77
NM-233821
Dirt · Off grid
23.1Jun 27, 2026$20,2008738872.8 mi
76
NM-855128
Gravel · Off grid
59.5Feb 22, 2025$73,4001,2331,34510.2 mi
75
NM-585288
Dirt · Power at road
66.8Aug 29, 2025$78,6001,1761,2748.1 mi
72
NM-325814
Paved · Off grid
97.8Jan 4, 2026$149,7001,5301,5316.1 mi
72
NM-764768
Dirt · Power at road
45.9Jun 28, 2024$77,5001,6891,7725.5 mi
71
NM-204305
Landlocked · Off grid
32.8Feb 18, 2025$34,4001,0491,5036.4 mi
69
NM-586157
Gravel · Off grid
125.4Mar 10, 2025$160,1001,2761,6584.2 mi
68
Show adjustment detail for the top comp
  • Tract size (40.49 ac → 52.36 ac)-4.9%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (4 mo)+1.3%

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.