$89,500
$6K PRICE DROP

00 S Mile 1 E Mercedes, TX 78570

Estimated payment $612/month

Total Views 2,155
0.21 Acre
$426,190 Price per Acre
9,148 Sq Ft Lot

About This Lot

Attention builders and investors! Don't miss your chance to secure your spot in the exciting new subdivision, Stable Estates in Mercedes, TX! Ideally designed for multifamily projects—including fourplexes and elegant townhomes—this prime location is just minutes away from the Rio Grande Valley Premium Outlets, offering quick access to the expressway, popular restaurants, and more. With strong demand for rental housing in this thriving area, now is the perfect time to reserve your lot and start building your next profitable investment. Act fast—lots are selling quickly!

Listing Agent

Santiago Mendiola

Tnt Real Estate Listed on: 02/24/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $800

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $50 Monthly HOA Fees

Schools

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

Community Details

  • A&B Association
  • Capisallo Subdivision

Listing and Financial Details

  • Assessor Parcel Number C140000065000800

Property Details

Property Type

Land

Est. Annual Taxes

$800

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Directions: From Frontage, turn North onto Mile 1 E. Go right past Royal Palm Dr. and Mercedes Place Apartments. The subdivision will be on the left hand side.
  • Property Sub Type: Residential Lot
  • Prop. Type: Land
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Capisallo
  • GMAR_Escrow: 950
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Fencing: Wood
  • Lot Features: Other
  • Home Warranty: No

Utilities

  • Utilities: Water Connected, Sewer Connected
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: Public, City
  • Water Comments: available

Condo/Co-op/Association

  • Community Features: None, Other
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: A&B
  • Association: Yes

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: Multi-Family
  • Lot Size Sq Ft: 9148.0356
  • Parcel #: C140000065000800

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 800

Map

Range of Values:

Collateral Analytics

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ICE

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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 $89,500 -6.8% --
02/24/2025 02/24/25 For Sale $95,999 -72.6% --
12/17/2021 12/17/21 Sold -- -- --
11/09/2021 11/09/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $350,000 -- --
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 463397

Greater McAllen Association of REALTORS®

Texas Hidalgo County Mercedes 78570

00 S Mile 1 E, Mercedes, TX

This home is located at 00 S Mile 1 E, Mercedes, TX 78570 and is currently priced at $89,500. 00 S Mile 1 E is a home located in Hidalgo County with nearby schools including Ruben Hinojosa Elementary School, SGT William G Harrell Middle, and Mercedes High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed.

Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.

Nearby Homes
Santiago Mendiola
Listing Agent
Santiago Mendiola
Section Image
Tnt Real Estate
(956) 395-2489