← New search
Lea County, NM · Sold

NM-517765

4341 County Road 141

$144,400
$359/ac · 402 ac
Acreage402 ac
Price per acre$359/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedSep 19, 2024
Coordinates32.8103, -103.5536
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

Lea County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Lea market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power8,524 ft away

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

Buildable area371.30 of 402.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$184,282
$151,252$217,313 · $458/ac on 402 ac
Asking vs estimate
-21.6%
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 $144,400
Maximum allowable offer
$105,304
$262/ac · +30.0% target margin

You need $39,096 off asking to hit this margin.

All-in cost$114,255
Net resale$169,540
Projected profit$55,285
ROI+48.4%
Annualized+69.3%
Break-even resale$309/ac
Profit if resale lands off target
-20%
$21,377
-10%
$38,331
0%
$55,285
+10%
$72,239
+20%
$89,193
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-268587
Dirt · Full utilities
729.4Jul 16, 2026$579,2007945263.8 mi
81
NM-778211
Paved · Off grid
555.5Jan 13, 2025$417,8007525097.1 mi
75
NM-587943
Dirt · Full utilities
457.4Oct 30, 2025$302,80066239219.6 mi
70
NM-316068
Dirt · Off grid
117.6Mar 22, 2026$76,40065037111.1 mi
64
NM-737334
Gravel · Power at road
294.3Oct 17, 2024$295,5001,00457018.7 mi
62
NM-969323
Gravel · Power at road
1243.1Mar 2, 2024$488,8003933543.7 mi
57
Show adjustment detail for the top comp
  • Tract size (729.37 ac → 402.1 ac)+19.8%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Full utilities → Off grid)-30.3%

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.