NM-655226
1311 County Road 392
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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?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $76,329 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-324596 Paved · Power at road | 40.5 | Apr 23, 2026 | $107,000 | 2,644 | 2,173 | 8.3 mi | 78 |
| NM-585288 Dirt · Power at road | 66.8 | Aug 29, 2025 | $78,600 | 1,176 | 1,507 | 11.1 mi | 77 |
| NM-614951 Gravel · Off grid | 52.4 | Apr 9, 2025 | $68,200 | 1,303 | 1,630 | 7.2 mi | 76 |
| NM-845590 Paved · Power at road | 83.2 | Jul 3, 2025 | $120,600 | 1,449 | 1,433 | 8.6 mi | 76 |
| NM-233821 Dirt · Off grid | 23.1 | Jun 27, 2026 | $20,200 | 873 | 1,050 | 4.6 mi | 74 |
| NM-855128 Gravel · Off grid | 59.5 | Feb 22, 2025 | $73,400 | 1,233 | 1,593 | 9.8 mi | 72 |
| NM-325814 Paved · Off grid | 97.8 | Jan 4, 2026 | $149,700 | 1,530 | 1,812 | 13.3 mi | 69 |
| NM-764768 Dirt · Power at road | 45.9 | Jun 28, 2024 | $77,500 | 1,689 | 2,098 | 9.2 mi | 68 |
| NM-373561 Gravel · Off grid | 19.1 | Nov 28, 2025 | $22,300 | 1,166 | 1,205 | 2.0 mi | 65 |
| NM-644655 Landlocked · Power at road | 42.3 | Oct 26, 2024 | $36,900 | 873 | 1,333 | 9.2 mi | 65 |
Show adjustment detail for the top comp
- Tract size (40.49 ac → 63.9 ac)-8.8%
- Access (Paved → Dirt)-27.1%
- Utilities (Power at road → Full utilities)+22.0%
- 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.