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Hidalgo County, NM · Sold

NM-373561

7328 County Road 391

$23,800
$1,244/ac · 19.13 ac
Acreage19.13 ac
Price per acre$1,244/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedJan 24, 2025
Coordinates31.8365, -108.6017
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

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands0.7% of tract

Little to no mapped wetland coverage.

Average slope22.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

839 ft of deeded road frontage.

Power7,600 ft away

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

Buildable area11.40 of 19.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$32,434
$24,803$40,064 · $1,695/ac on 19.13 ac
Asking vs estimate
-26.6%
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 $23,800
Maximum allowable offer
$18,534
$969/ac · +30.0% target margin

You need $5,266 off asking to hit this margin.

All-in cost$20,109
Net resale$29,839
Projected profit$9,730
ROI+48.4%
Annualized+69.2%
Break-even resale$1,143/ac
Profit if resale lands off target
-20%
$3,762
-10%
$6,746
0%
$9,730
+10%
$12,714
+20%
$15,697
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-233821
Dirt · Off grid
23.1Jun 27, 2026$20,2008731,0466.5 mi
87
NM-652867
Gravel · Power at road
11.6Jul 27, 2026$28,1002,4321,96412.7 mi
75
NM-953127
Landlocked · Power at road
14.0Feb 27, 2026$14,5001,0391,2787.1 mi
75
NM-573516
Paved · Full utilities
18.5Feb 4, 2025$62,0003,3502,09617.0 mi
69
NM-324596
Paved · Power at road
40.5Apr 23, 2026$107,0002,6442,1669.9 mi
68
NM-204305
Landlocked · Off grid
32.8Feb 18, 2025$34,4001,0491,7737.3 mi
67
NM-655226
Dirt · Full utilities
63.9Dec 24, 2025$140,6002,2012,2522.0 mi
66
NM-543793
Gravel · Power at road
22.6Sep 18, 2023$31,3001,3821,34715.3 mi
65
NM-614951
Gravel · Off grid
52.4Apr 9, 2025$68,2001,3031,6259.0 mi
64
NM-855128
Gravel · Off grid
59.5Feb 22, 2025$73,4001,2331,5879.6 mi
62
Show adjustment detail for the top comp
  • Tract size (23.09 ac → 19.13 ac)+2.5%
  • Access (Dirt → Gravel)+16.3%
  • 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.