$2,502,500
0 Mile 1 RD E Mercedes, TX 78570
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Listed by NAI Rio Grande Valley
$2,502,500
50.05 Acres Lot
UPDATED:
06/24/2024 02:32 PM
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
Subdivision Capisallo
MLS Listing ID 398958
HOA Y/N No
Originating Board Greater McAllen
Annual Tax Amount $31,191
Tax Year 2023
Lot Size 50.050 Acres
Acres 50.05
Property Description
This 50.05 acre tract is located south of I-2 on the east side of Mile 1 East, and adjacent to Hwy 83 parallel to Iron Horse Railroad. The site is ideal for a mixed-use development. While it is not inside the city limits at this time, it will likely be annexed on development. At an average of 4 lots to the acre, the site can support 180 or more single-family home sites with land for multi-family and commercial uses too. Drone video embedded in the marketing flyer shows land in relation to Mile1 East and Hwy 83 and Railroad.
Location
State TX
County Hidalgo
Exterior
Fence None
Community Features None
Utilities Available Water Connected, Sewer Connected, Sewer Available
Waterfront No
View Y/N No
Building
Lot Description Irregular Lot
Faces From Frontage Rd. & Mile 1 East, turn north on Mile 1 E. Property will be on the left hand side. (West side of Mile 1 E.)
Water Public, City
New Construction No
Schools
Elementary Schools Travis
Middle Schools Mercedes Junior High
High Schools Mercedes H.S.
Others
Tax ID C140000041000400
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