Calling all investors!

This property is a gem on one acre. An incredibly desirable location 5 minutes from the RGV Premium Outlets and proximity to the expressway add immense value to this listing. The property boasts 3 structures and 5 units. 2 of the structures/4 units have been framed and one structure/1 unit has been sheet rocked and has brand new flooring.

With new multi family living less than a mile from this lot the potential for profit is endless. Don't miss out on the opportunity to add this unique property to your portfolio. Schedule your showing today. There is currently 1 water meter and 1 electric meter on the property - the seller has apprval to have 5 electric meters.

Request Information
on 198 Dawson Rd
in Mercedes, TX
Presented by Jalyssa Garza at
Keller Williams Realty RGV.


Property MLS #443266 from McAllen

+ Reveal additional info including schools and tax history

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+ Appliances

Laundry Features: Laundry Closet

+ Heating and Cooling

Cooling Features: No HVAC
Heating Features: No HVAC

+ Exterior and Lot Features

Mature Trees
Fencing: Wood
Other Structures: Outbuilding (None)
Road Surface Type: Paved

+ Land Info

Lot Description: Mature Trees
Lot Size Acres: 1.0
Lot Size Square Feet: 43560

+ Garage and Parking

Parking Features: No Carport, No Garage

+ Multi-Unit Info

Number of Buildings: 3
Number of Units In Community: 3
Number of Units: 5

+ School Information

Elementary School: Hinojosa
Elementary School District: Mercedes ISD
High School: Mercedes H.S.
High School District: Mercedes ISD
Middle School: Sgt. Manuel Chacon
Middle or Junior School District: Mercedes ISD
+ Display Complete School Details

Ruben Hinojosa Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions

Mercedes High School is a public high school located approximately 1 miles away.
Map directions

SGT William G Harrell Middle is a public middle school located approximately 1.9 miles away.
Map directions

Immanuel Lutheran School is a private elementary school located approximately 1 miles away.
Map directions

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 2239
Source Listing Status: Active
County: Hidalgo
Directions: From expressway 83 turn south on Dawson Road the the property will be on East (left) side.
Tax Year: 2024
Source Property Type: Residential Income
Insurance Expense: 2000
Source Neighborhood: Capisallo District
Parcel Number: 131690
Subdivision: Capisallo District
Property Subtype: Multi Family
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$25,346 + $52,280 $77,626	$2,347
2021	$unknown + $52,280 $52,280	$1,594
2020	$unknown + $52,280 $52,280	$1,566
2019	$24,390 + $52,280 $76,670	$2,243
2018	$24,390 + $52,280 $76,670	$2,321
2017	$24,590 + $52,280 $76,870	$2,332
2016	$14,932 + $52,280 $67,212	$2,046
2015	$14,932 + $52,280 $67,212	$2,052
2014	$18,602 + $52,280 $70,882	$2,168
2013	$23,861 + $52,280 $76,141	$2,246
2012	$23,861 + $52,280 $76,141	$2,238
2011	$23,861 + $52,280 $76,141	$2,237
2010	$23,861 + $52,280 $76,141	$2,239
2009	$unknown + $unknown $76,139	$2,211
2008	$unknown + $unknown $76,139	$2,211
2007	$unknown + $unknown $39,839	$1,107

+ Reveal Property Sale History

Listed 2024-07-04
$314,900
McAllen

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Listing removed 2020-03-25
$0
McAllen

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Listed 2020-03-24
$29,500
McAllen

+ Building and Construction

Total Square Feet Living: 2534
Year Built: 1973
Building Area Total: 2534
Building Area Units: Square Feet
Construction Materials: Siding
Foundation Details: Pillar/Post/Pier, Slab
Living Area Source: HidalgoCAD
Living Area Units: Square Feet
Property Age: 51
Roof: Shingle

+ Utilities

Water Source: Public