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$480,000   Price Analysis
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8140 N FM 1015
Mercedes, TX 78570
6 bed 4 bath 2,727 SqFt ($176/SqFt)
4.85 acre lot. Built 1992
Listed 2024-05-06, Taxes $2,559
USDA Eligible
near Mercedes, TX
 Restrictions may apply
due to home size

Don't miss this mixed-use property right off 1015 It is 4.85 acres with an existing

Leasing 432 sq feet auto shop/office that includes storage space and 6 parking spaces it already has cash flow and plenty of room to add more apartments or businesses. A duplex with 2 covered parking spaces, the owner lives in one unit the other is rented.

The first unit has 4 beds/2.5 baths and th second fl oor has 2 beds/ 1 bath with a covered balcony. There is a 30' x 55' pavilion next to the duplex with initial work for 2 bathrooms. All offers will be looked at.


Presented by Manon Gilbert at
Tnt Real Estate.


Property MLS #436065 from McAllen

Bedrooms: 6
Primary Bedroom Features: Shower Only

Total Bathrooms: 3.5
Full Bathrooms: 3
1/2 Bathrooms: 1

Countertops (Granite)
Countertops (Tile)
Ceiling Fan(s)
Flooring: Tile
Window Features: Energy Features (Double Pane Windows), Energy Feature (Solar Screen), Drapes

Electric Water Heater

Laundry Features: Laundry Area, Washer/Dryer Connection

Cooling Features: Central Air
Heating Features: Central
Heating: Yes

Dining Room Description: Living Area(s): 2

Living Room Description: Living Area(s): 2

Balcony
Patio And Porch Features: Patio
Road Surface Type: Paved

Carport Spaces: 2
Covered Spaces: 2
Parking Features: Attached
Parking Total: 2

Lot Description: Mature Trees
Lot Size Acres: 4.85
Lot Size Square Feet: 211266

Elementary School: JFK
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

Edcouch-Elsa High School is a public high school located approximately 4.4 miles away.
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IDEA College Prep Weslaco is a public middle and high school located approximately 3.5 miles away.
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IDEA Academy Weslaco is a public elementary school located approximately 3.5 miles away.
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San Martin De Porres Catholic School is a private elementary school located approximately 5 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 4778
Source Listing Status: Active
County: Hidalgo
Directions: 24 hrs notice is required, on hwy 83 exit on international blvd, go north to mile 12 1/2 n rd, property is on the east sise . Enter through FM 1015
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: Adams Tract
Parcel Number: A080000000110607
Subdivision: Adams Tract
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$119,609
$2,559
2021$unknown + $unknown
$114,159
$2,464
2020$unknown + $unknown
$109,004
$2,372
2019$unknown + $unknown
$104,313
$2,274
2018$unknown + $unknown
$109,651
$2,390
2017$unknown + $unknown
$65,270
$1,426
2016$unknown + $unknown
$64,748
$1,422
2015$unknown + $unknown
$66,413
$1,458
2014$unknown + $unknown
$69,860
$1,533
2013$60,642 + $6,224
$66,866
$1,443
2012$unknown + $6,316
$6,316
$134
2011$unknown + $6,384
$6,384
$136
2010$unknown + $6,456
$6,456
$137
2009$unknown + $unknown
$6,524
$135
2008$unknown + $unknown
$14,122
$293
2007$unknown + $unknown
$14,062
$268

Listed 2024-05-06
$480,000
McAllen
Listing removed 2022-10-20
$0
McAllen
Listed 2022-07-09
$425,000
McAllen

Total Square Feet Living: 2727
Year Built: 1992
Building Area Total: 2727
Building Area Units: Square Feet
Construction Materials: Block
Foundation Details: Slab
Living Area Source: HidalgoCAD
Living Area Units: Square Feet
Property Age: 32
Roof: Metal

Sewer: City Sewer, Septic Tank

Security Features: Security System
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bedroom

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.