Address
1800 Rio Rico Road Mercedes, TX
Price
$ 650,000
Property Attributes
  • MLS#352516
  • TypeLand
  • CountyHIDALGO
  • CityMercedes
  • NeighborhoodCapisallo
  • Zip78570
  • StyleAcreage
  • Taxes2260
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size39.79 Acres
Listing Provided Courtesy Of:
Davis Real Estate - Weslaco
Data Source:
Greater McAllen Association of Realtors
Property Description

Excellent location, right on FM 491/Mistletoe Av./ Rio Rico Rd. This property combines 4 parcels, sold together as one. A total of 40 acres. Currently being farmed. Water irrigation rights and 2 private wells onsite. In the middle of the acreage sits an older cinder blocks house, with a cellar/bunker about 15x15. Property also has a big workshop/storage with a concrete slab/foundation measuring 50x75, (3750 sq. ft.) with plumbing and electrical. Part of the property seems to be within City limits and the rest within County. Livestock allowed. In addition the property has an RV hook up together with separate electric meter. Lots of possibilities. Perfect for personal use, as an investment or for a subdivision development/multi-family. Development Zoning subject to City/County approval.

Elementary School Middle School High School
Hinojosa Elementary School Mercedes Junior High Mercedes H.S.
Price History
2/18/2021 Listed $650,000

General Features

Access City Street, FM Road, Paved Road
Community Amenities Horse/Livestock Allowed
Crops Other
Elementary School Hinojosa
High School Mercedes H.S.
Land Type Improved, Unimproved
Middle School Mercedes Junior High
Property Type Land
School District Mercedes ISD
Status Active
Sub Type Acreage
Subdivision Capisallo
Suitable Use Farmland, Residential, Subdevelopment
Utilities 110VAC, 220VAC, Electric, Public Water, Septic, Telephone, Well, Well Water
Zoning A

Exterior Features

Acreage 39.79000
Fence Type None
Location Features Other
Lot Sq Ft 1733252
Topography Description Level
Water Comments City water available
Water Sewer Public Water Available

Amenities

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

Property vs Zip Code Average in 78570

Price
AVG $520K
$650K
Taxes
AVG $2,840
$2,260
Visits
AVG 68
84

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