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Taos County, NM · Sold

NM-541405

656 County Road 232

$14,600
$3,641/ac · 4.01 ac
Acreage4.01 ac
Price per acre$3,641/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedMay 8, 2025
Coordinates36.6477, -105.5318
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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

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

View Taos market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands1.4% of tract

Little to no mapped wetland coverage.

Average slope7.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

498 ft of deeded road frontage.

Power69 ft away

Power at or near the road.

Buildable area3.76 of 4.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$12,273
$9,633$14,914 · $3,061/ac on 4.01 ac
Asking vs estimate
+19.0%
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 $14,600
Maximum allowable offer
$7,013
$1,749/ac · +30.0% target margin

You need $7,587 off asking to hit this margin.

All-in cost$7,609
Net resale$11,291
Projected profit$3,682
ROI+48.4%
Annualized+69.3%
Break-even resale$2,063/ac
Profit if resale lands off target
-20%
$1,424
-10%
$2,553
0%
$3,682
+10%
$4,811
+20%
$5,941
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-791535
Paved · Power at road
4.4Jul 27, 2026$11,4002,5752,5907.0 mi
88
NM-731103
Dirt · Off grid
3.2Dec 29, 2025$6,3001,9433,1942.5 mi
78
NM-832416
Landlocked · Off grid
8.3Jul 27, 2026$10,4001,2452,6481.3 mi
77
NM-972943
Dirt · Full utilities
12.2Jul 27, 2026$25,2002,0632,49212.9 mi
65
NM-390122
Gravel · Off grid
1.6Apr 28, 2024$4,8003,0454,5289.9 mi
56
NM-772951
Dirt · Full utilities
12.3Feb 15, 2025$32,6002,6483,39416.1 mi
54
Show adjustment detail for the top comp

    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.