$450,000
$40K PRICE DROP

0 Mile 1 E Mercedes, TX 78570

Estimated payment $2,872/month

Total Views 3,498
8 Acres
$56,962 Price per Acre
344,124 Sq Ft Lot

About This Lot

Discover the perfect opportunity with this 7.9-acre property in Mercedes, TX! Whether you're dreaming of building your ideal home with plenty of space to enjoy or looking for an investment opportunity to subdivide, this property offers endless possibilities. Located in a prime location near schools, it’s ideal for families or developers seeking convenience and growth potential. Don’t miss out on this rare find—your vision starts here!

Listing Agent

Jose Lopez

Encore Fine Properties Listed on: 01/14/2025

Encore Fine Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,551

Lot Details

  • 7.9 Acre Lot

Schools

  • Hinojosa Elementary School
  • Sgt. Manuel Chacon Middle School
  • Mercedes High School

Community Details

  • No Home Owners Association
  • Capisallo Subdivision

Listing and Financial Details

  • Assessor Parcel Number C140000065000810

Property Details

Property Type

Land

Est. Annual Taxes

$4,551

Lot Details

0

Listing Details

  • Directions: Head east on W Expy 83/Frontage Rd/U.S. 83 Frontage Rd S toward N Colorado Ave, Turn right onto Mile 1 E N
  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 7.9
  • Road Frontage Type: City Street
  • Road Surface Type: Paved Road, Paved
  • Subdivision Name: Capisallo
  • GMAR_Escrow: 4000
  • Special Features: None

Interior Features

  • Possible Use: Residential, Subdevelopment

Exterior Features

  • Fencing: None
  • Lot Features: Sidewalks
  • Home Warranty: No

Utilities

  • Utilities: None
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: Agua SUD
  • Water Comments: N/A

Condo/Co-op/Association

  • Community Features: Other, Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: Hinojosa
  • High School: Mercedes H.S.
  • Junior High Dist: Mercedes ISD
  • Middle Or Junior School: Sgt. Manuel Chacon

Lot Info

  • Current Use: Other, Single Family, Unimproved
  • Lot Size Sq Ft: 344124
  • Parcel #: C140000065000810

Rental Info

  • Leased Rent Share: n/a

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4551
  • Agriculture Tax Value: 4551

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $450,000 -70.0% --
04/17/2025 04/17/25 Price Changed $1,500,000 +206.1% --
01/14/2025 01/14/25 For Sale $490,000 -80.4% --
06/23/2024 06/23/24 Price Changed $2,502,500 -19.4% --
06/10/2024 06/10/24 Price Changed $3,103,100 -0.8% --
07/22/2023 07/22/23 Price Changed $3,128,125 -18.8% --
02/23/2023 02/23/23 For Sale $3,850,000 +1690.7% --
10/03/2022 10/03/22 Sold -- -- --
08/24/2022 08/24/22 Pending -- -- --
10/22/2021 10/22/21 For Sale $215,000 -- $134 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 458796

Greater McAllen Association of REALTORS®