540 N Texas AVE Active

Mercedes,TX 78570

$ 975000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Buena Vista

MLS Listing ID 439729

HOA Y/N No

Originating Board Greater McAllen

Annual Tax Amount $2,310

Tax Year 2019

Lot Size 0.530 Acres

Acres 0.53

Property Description

This excellent 0.53 acre corner site is located at the corner of Expressway 83 (I-2), Texas Avenue, and FM 491, one of the busiest intersections in the area. Expressway 83 is major highway that connects travelers from Cameron County to Starr County. Texas Avenue is Mercedes’ main road and the city’s main commercial corridor, and FM 491 carries travelers to and from the Elsa/Edcouch area. The site is located on the North side of the expressway, at the entrance of the Rio Grande Valley livestock show and sees over 84,000 vehicles per day at the crux of its three roadway intersection. Due to the expanding nature of this area, land here has seen consistent value growth as commercial demand and viability continues to increase. That being said, this site is located in a strategic and ideal location in this upcoming trade area, giving it a unique and strong position in its submarket.

Location

State TX

County Hidalgo

Community Clubhouse

Exterior

Fence Chain Link

Community Features Clubhouse

Utilities Available Electricity Connected,Water Connected,Sewer Connected,Phone Connected

Waterfront No

View Y/N No

Building

Lot Description Other,Corner Lot,Irregular Lot

Faces Exit Texas Ave, go north to 540 N Texas Ave & Frontage Rd, property is on the corner.

Sewer City Sewer

Water Public,City

New Construction No

Schools

Elementary Schools Travis

Middle Schools Mercedes Junior High

High Schools Mercedes H.S.

Others

Tax ID B515000000001500

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