$775,000 Price Analysis 7222 Mile 2 EMercedes, TX 78570 Unknown bed None bath 5,280 SqFt ($146/SqFt) 9.23 acre lot. Built 1987 Listed 2024-04-08, Taxes $4,587 | May be USDA loan restricted due to income limits near Mercedes |
TX! Nestled on 9.23 acres directly along Mile 2 Rd and less th an a mile away from Expressway 83, this property offers a prime location for those looking to expand their real estate portfolio. The package includes 4 independent buildings, 3 of which re fully renovated and currently leased. The abundance of vacant land provides a unique opportunity to build additional rental properties.
Imagine the possibilities as you design and develop new residences, tailored to meet the growing demands of the local market. The adjacent 30 acres amplifies the potential, offering even more room for expansion or diverse development projects. Combine both parcels to embark on a large-scale venture that could redefine real estate in Mercedes, Texas. Seize the opportunity to not invest in existing rental properties but to shape the future of this location.
Presented by Rodolfo R. Velasquez Iii at
Envision Real Estate Group.
Property MLS #420614 from McAllen
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $113,227 + $87,685 $200,912 | $4,587 |
2021 | $unknown + $unknown $107,263 | $2,476 |
2020 | $unknown + $unknown $90,736 | $2,073 |
2019 | $unknown + $unknown $78,112 | $1,731 |
2018 | $unknown + $unknown $80,791 | $1,872 |
2017 | $unknown + $unknown $81,846 | $1,904 |
2016 | $unknown + $unknown $83,843 | $1,959 |
2015 | $unknown + $unknown $86,078 | $2,010 |
2014 | $unknown + $unknown $95,273 | $2,225 |
2013 | $72,899 + $18,787 $91,686 | $2,027 |
2012 | $75,765 + $18,703 $94,468 | $2,069 |
2011 | $74,727 + $18,580 $93,307 | $2,040 |
2010 | $84,352 + $29,608 $113,960 | $2,487 |
2009 | $unknown + $unknown $61,420 | $1,307 |
2008 | $unknown + $unknown $58,332 | $1,241 |
2007 | $unknown + $unknown $64,236 | $1,257 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.