NM-764768
2308 County Road 307
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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?
3 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
1,004 ft of deeded road frontage.
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 $46,270 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 | 1,907 | 7.4 mi | 82 |
| NM-233821 Dirt · Off grid | 23.1 | Jun 27, 2026 | $20,200 | 873 | 921 | 5.7 mi | 76 |
| NM-655226 Dirt · Full utilities | 63.9 | Dec 24, 2025 | $140,600 | 2,201 | 1,983 | 9.2 mi | 75 |
| NM-614951 Gravel · Off grid | 52.4 | Apr 9, 2025 | $68,200 | 1,303 | 1,430 | 5.5 mi | 74 |
| NM-585288 Dirt · Power at road | 66.8 | Aug 29, 2025 | $78,600 | 1,176 | 1,323 | 13.5 mi | 72 |
| NM-204305 Landlocked · Off grid | 32.8 | Feb 18, 2025 | $34,400 | 1,049 | 1,561 | 4.7 mi | 70 |
| NM-855128 Gravel · Off grid | 59.5 | Feb 22, 2025 | $73,400 | 1,233 | 1,398 | 15.4 mi | 70 |
| NM-644655 Landlocked · Power at road | 42.3 | Oct 26, 2024 | $36,900 | 873 | 1,170 | 14.7 mi | 70 |
| NM-845590 Paved · Power at road | 83.2 | Jul 3, 2025 | $120,600 | 1,449 | 1,257 | 6.0 mi | 69 |
| NM-953127 Landlocked · Power at road | 14.0 | Feb 27, 2026 | $14,500 | 1,039 | 1,125 | 4.7 mi | 68 |
Show adjustment detail for the top comp
- Tract size (40.49 ac → 45.86 ac)-2.3%
- Access (Paved → Dirt)-27.1%
- 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.