← New search
Hidalgo County, NM · Sold

NM-781642

3619 County Road 242

$10,900
$2,290/ac · 4.76 ac
Acreage4.76 ac
Price per acre$2,290/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedAug 18, 2025
Coordinates31.9094, -108.7429
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

2 items to verify before you offer.

Risk index
17
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5,682 ft away

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

Buildable area4.49 of 4.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,783
$7,063$10,503 · $1,845/ac on 4.76 ac
Asking vs estimate
+24.1%
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 $10,900
Maximum allowable offer
$5,019
$1,054/ac · +30.0% target margin

You need $5,881 off asking to hit this margin.

All-in cost$5,446
Net resale$8,081
Projected profit$2,635
ROI+48.4%
Annualized+69.2%
Break-even resale$1,244/ac
Profit if resale lands off target
-20%
$1,019
-10%
$1,827
0%
$2,635
+10%
$3,443
+20%
$4,251
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-111353
Gravel · Off grid
3.9Jul 27, 2026$5,8001,5111,5021.9 mi
93
NM-652867
Gravel · Power at road
11.6Jul 27, 2026$28,1002,4322,1944.0 mi
80
NM-100108
Gravel · Power at road
1.6Jul 27, 2026$3,9002,4712,0419.1 mi
70
NM-170422
Gravel · Power at road
2.0Oct 15, 2024$5,2002,6542,3657.8 mi
66
NM-953127
Landlocked · Power at road
14.0Feb 27, 2026$14,5001,0391,4275.7 mi
66
NM-540193
Landlocked · Full utilities
1.7Jan 14, 2025$2,5001,4901,5812.2 mi
63
Show adjustment detail for the top comp
  • Tract size (3.86 ac → 4.76 ac)-0.8%

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.