Address
1800 Rio Rico Road Mercedes, TX
Price
$ 650,000
Property Attributes
  • MLS#352516
  • TypePending
  • CountyHIDALGO
  • CityMercedes
  • AreaMercedes
  • NeighborhoodCapisallo
  • Zip78570
  • StyleImproved Land
  • Taxes$ 2260
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size39.79 Acres
Listing Provided Courtesy Of:
Davis Real Estate - Weslaco
Data Source:
Greater McAllen Association of REALTORS® (GMAOR) - 118 - TX
Property Description

Excellent location, right on FM 491/Mistletoe Av./ Rio Rico Rd. This property combines 4 parcels, sold together as one. A total of 40 acres. Currently being farmed. Water irrigation rights and 2 private wells onsite. In the middle of the acreage sits an older cinder blocks house, with a cellar/bunker about 15x15. Property also has a big workshop/storage with a concrete slab/foundation measuring 50x75, (3750 sq. ft.) with plumbing and electrical. Part of the property seems to be within City limits and the rest within County. Livestock allowed. In addition the property has an RV hook up together with separate electric meter. Lots of possibilities. Perfect for personal use, as an investment or for a subdivision development/multi-family. Development Zoning subject to City/County approval.

Elementary School Middle School High School
Hinojosa Elementary School Mercedes Junior High Mercedes H.S.
Price History
2/18/2021 Listed $650,000

General Features

Association Y/N No
Building Area Units Square Feet
City Mercedes
Community Features Horse/Livestock Allowed
County Hidalgo
Directions From Expressway 83 / I2, exit 164 (Mile 1 E). Make a right on Dawson Rd and another right on Bus 83/2nd St., left on FM 491/Mistletoe Av., property will be about 1 1/2 mile south on the left hand side.
Electric 110VAC, 220 Volts
Elementary School Hinojosa
Elementary School District Mercedes ISD
High School Mercedes H.S.
High School District Mercedes ISD
Middle/Junior High School Mercedes Junior High
Middle/Junior School District Mercedes ISD
Other Structures Workshop
Possession Closing and Funding
Possible Use Farm, Residential, Subdevelopment
Property SubType Improved Land
Property Type Land
PropertyCondition House As Is
Standard Status Pending
Status Pending
Street Name Rio Rico
Subdivision Name Capisallo
Tax Annual Amount 2260
Tax Year 2020
Utilities Electricity Connected, Water Connected, Septic, Phone Connected, Water Available
Water Comments City water available
Zoning A

Interior Features

Electric On Property Y/N Yes
Living Area Units Square Feet
Street Suffix Road

Exterior Features

Crops Other
Fencing None
Horse Y/N Yes
Lot Size Acres 39.79
Lot Size Area 1733252
Lot Size Square Feet 1733252
Lot Size Units Square Feet
Road Frontage Type City Street, FM Road
Road Surface Type Paved Road, Paved
Water Source Well, Well Water, Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 78570

Price
AVG $180K
$650K
Taxes
AVG $2,402
$2,260
Visits
AVG 60
109

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