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Hidalgo County, NM · Sold

NM-540193

8479 County Road 257

$2,400
$1,437/ac · 1.67 ac
Acreage1.67 ac
Price per acre$1,437/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedMar 29, 2024
Coordinates31.9193, -108.7066
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

1 item to verify before you offer.

Risk index
27
Low risk
Wetlands3.0% of tract

Little to no mapped wetland coverage.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area1.54 of 1.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,280
$2,699$3,861 · $1,964/ac on 1.67 ac
Asking vs estimate
-26.8%
Priced below 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 $2,400
Maximum allowable offer
$1,875
$1,122/ac · +30.0% target margin

You need $525 off asking to hit this margin.

All-in cost$2,034
Net resale$3,018
Projected profit$984
ROI+48.3%
Annualized+69.2%
Break-even resale$1,324/ac
Profit if resale lands off target
-20%
$380
-10%
$682
0%
$984
+10%
$1,285
+20%
$1,587
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-100108
Gravel · Power at road
1.6Jul 27, 2026$3,9002,4712,05311.3 mi
86
NM-111353
Gravel · Off grid
3.9Jul 27, 2026$5,8001,5111,5104.2 mi
73
NM-781642
Gravel · Off grid
4.8Apr 8, 2026$10,1002,1232,1662.2 mi
70
NM-170422
Gravel · Power at road
2.0Oct 15, 2024$5,2002,6542,37810.1 mi
68
NM-652867
Gravel · Power at road
11.6Jul 27, 2026$28,1002,4322,2064.3 mi
64
NM-953127
Landlocked · Power at road
14.0Feb 27, 2026$14,5001,0391,4356.3 mi
61
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Full utilities)+22.0%

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.