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Hidalgo County, NM · Sold

NM-111353

1990 County Road 118

$6,200
$1,606/ac · 3.86 ac
Acreage3.86 ac
Price per acre$1,606/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedMay 19, 2026
Coordinates31.9043, -108.7754
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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

3 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands29.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

493 ft of deeded road frontage.

Power782 ft away

Power at or near the road.

Buildable area2.58 of 3.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,111
$7,147$9,074 · $2,101/ac on 3.86 ac
Asking vs estimate
-23.6%
Priced below the comp set

Weighted from 5 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 $6,200
Maximum allowable offer
$4,635
$1,201/ac · +30.0% target margin

You need $1,565 off asking to hit this margin.

All-in cost$5,029
Net resale$7,462
Projected profit$2,433
ROI+48.4%
Annualized+69.2%
Break-even resale$1,416/ac
Profit if resale lands off target
-20%
$940
-10%
$1,687
0%
$2,433
+10%
$3,179
+20%
$3,925
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-781642
Gravel · Off grid
4.8Apr 8, 2026$10,1002,1232,1721.9 mi
90
NM-652867
Gravel · Power at road
11.6Jul 27, 2026$28,1002,4322,2124.5 mi
78
NM-100108
Gravel · Power at road
1.6Jul 27, 2026$3,9002,4712,0597.3 mi
73
NM-170422
Gravel · Power at road
2.0Oct 15, 2024$5,2002,6542,3855.9 mi
70
NM-540193
Landlocked · Full utilities
1.7Jan 14, 2025$2,5001,4901,5944.2 mi
63
Show adjustment detail for the top comp
  • Tract size (4.76 ac → 3.86 ac)+0.8%
  • Market time (4 mo)+1.5%

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.