Address
TBD Mile 2 1/2 E Mercedes, TX
Price
$ 2,900,000
Property Attributes
  • MLS#343372
  • TypeLand
  • CountyHIDALGO
  • CityMercedes
  • AreaMercedes
  • NeighborhoodBixby
  • Zip78570
  • StyleCommercial Land
  • Taxes$ 449
  • Price$ 2,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size65.45 Acres
Listing Provided Courtesy Of:
Equity Assets Realty
Data Source:
Greater McAllen Association of Realtors (GMAOR) - 118 - TX
Property Description

65.45 Gross acres of Highway 83 frontage and Mile 2 & 1/2 E frontage in Mercedes. Commercial and/or residential potential. The property is currently zoned agriculture. Close proximity to the Mercedes Outlets in an area that is growing and expanding. This property has many potential uses, commercial, residential, multi-family, or master-planned development with highway visibility. The property is located within the TIRZ zone (Tax Increment Reimbursement Zone) that expires on December 31, 2032.

Elementary School Middle School High School
Travis Elementary School Mercedes Junior High Mercedes H.S.
Price History
9/27/2020 Listed $2,900,000

General Features

Association Y/N No
Building Area Units Square Feet
City Mercedes
Community Features Curbs
County Hidalgo
Directions Going east Exit 2 Mile E. in Mercedes, Stay on the frontage road past 2 1/2 Mile E.
Elementary School Travis
Elementary School District Mercedes ISD
High School Mercedes H.S.
High School District Mercedes ISD
Middle/Junior High School Mercedes Junior High
Middle/Junior School District Mercedes ISD
Possession Closing and Funding
Possible Use Commercial, Subdevelopment
Property SubType Commercial Land
Property Type Land
Sewer City Sewer, None, Other
Standard Status Active
Status Active
Street Name Mile 2 1/2
Subdivision Name Bixby
Tax Annual Amount 449
Tax Year 2020
Utilities None
Water Comments Water and Sewer is not connected.
Zoning A

Interior Features

Electric On Property Y/N No
Living Area Units Square Feet

Exterior Features

Crops Natural Pasture, None
Fencing Barbed Wire, Chain Link
Lot Features Curb & Gutters
Lot Size Acres 65.45
Lot Size Area 2851002
Lot Size Square Feet 2851002
Lot Size Units Square Feet
Road Frontage Type City Street, FM Road, Highway
Road Surface Type Paved
Water Source Public, Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 78570

Price
AVG $480K
$2.9M
Taxes
AVG $2,390
$449
Visits
AVG 104
98
Walkscore
AVG 21
1
Data Provided by Walkscore ® not using MLS data

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