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Hidalgo County, NM · Sold

NM-588378

2718 County Road 3

$797,300
$1,272/ac · 627 ac
Acreage627 ac
Price per acre$1,272/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedFeb 7, 2024
Coordinates31.9226, -108.7039
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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
21
Low risk
Wetlands12.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area521.10 of 626.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$671,763
$533,377$810,149 · $1,072/ac on 627 ac
Asking vs estimate
+18.7%
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 $797,300
Maximum allowable offer
$383,865
$612/ac · +30.0% target margin

You need $413,435 off asking to hit this margin.

All-in cost$416,494
Net resale$618,022
Projected profit$201,528
ROI+48.4%
Annualized+69.2%
Break-even resale$722/ac
Profit if resale lands off target
-20%
$77,924
-10%
$139,726
0%
$201,528
+10%
$263,331
+20%
$325,133
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-767957
Landlocked · Off grid
462.1Jul 27, 2026$188,5004087875.5 mi
84
NM-478832
Dirt · Off grid
871.0Apr 28, 2026$456,3005249795.7 mi
82
NM-917228
Landlocked · Power at road
272.5Jul 27, 2026$246,1009031,2674.6 mi
74
NM-277982
Paved · Power at road
470.6Dec 29, 2023$414,4008819274.7 mi
72
NM-157631
Gravel · Off grid
364.9Dec 14, 2025$317,6008701,09110.7 mi
71
NM-647568
Dirt · Power at road
348.6Feb 8, 2025$401,2001,1511,4568.5 mi
68
Show adjustment detail for the top comp
  • Tract size (462.11 ac → 626.89 ac)-8.8%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Full utilities)+43.5%

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.