$225,000

14040 Mile 2 W Mercedes, TX 78570

Estimated payment $1,395/month

Total Views 30,624
7 Beds
4 Baths
7,500 Sq Ft
$30 Price per Sq Ft

Highlights

  • Mature Trees
  • Walk-In Closet
  • Tile Countertops
  • No HOA
  • Patio
  • Laundry Room

About This Home

Discover a prime investment opportunity with this versatile 7-bedroom, 4-bathroom property nestled on a spacious 0.45-acre lot in Mercedes, Texas. Its ideal location and ample space offer endless possibilities for both residential and commercial use. Whether you envision a convenience store dwelling, a home-based business, or a new an urban restaurant, this property presents a unique chance to capitalize on its potential. Don't miss out on this exceptional investment opportunity.

Listing Agent

Cynthia Tatum

Encore Fine Properties Listed on: 01/17/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 1991

Lot Details

  • 0.45 Acre Lot
  • Barbed Wire
  • Mature Trees

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 7,500 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Tile Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Rico Elementary School
  • Mary Hoge Middle School
  • Mercedes High School

Additional Features

  • Patio
  • Septic Tank

Community Details

  • No Home Owners Association
  • North Capisallo Subdivision

Listing and Financial Details

  • Assessor Parcel Number N340000000200810

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,023

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Directions: Express 83 right on Mile 2 go north 5 miles on the right side between Mile 12 and Mile 2
  • Year Built: 1991
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Road Surface Type: Paved
  • Subdivision Name: North Capisallo
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 2
  • GMAR_Escrow: 2000
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Shingle
  • Appliances: Water Heater (None), Other
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Flooring: Tile
  • Living Area: 7500
  • Window Features: Window Coverings (Other)
  • Master Bedroom Features: Double Vanity

Exterior Features

  • Exterior Features: Mature Trees
  • Interior Amenities: Countertops (Tile), Walk-In Closet(s)
  • Fencing: Barbed Wire
  • Lot Features: Mature Trees
  • Home Warranty: No
  • Construction Type: Block
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Pool YN: No
  • Golf Cart: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Other HVAC
  • Heating: Other HVAC
  • Sewer: Septic Tank

Condo/Co-op/Association

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

Schools

  • Elementary School: Rico
  • High School: Mercedes H.S.
  • Junior High Dist: Mercedes ISD
  • Middle Or Junior School: Mary Hoge

Lot Info

  • Lot Size Sq Ft: 19602
  • Parcel #: N340000000200810
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,285 $159,442 $34,647 $124,795
2023 $2,804 $136,219 $29,303 $106,916
2022 $2,529 $117,312 $20,603 $96,709
2021 $2,193 $100,844 $20,603 $80,241
2020 $1,441 $65,603 $20,603 $45,000
2019 $1,740 $79,218 $20,603 $58,615
2018 $2,264 $102,664 $20,603 $82,061
2017 $2,185 $98,614 $12,204 $86,410
2016 $2,189 $98,792 $12,204 $89,069
2015 $1,619 $89,811 $12,204 $91,728
2014 $1,619 $94,272 $12,204 $82,068
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 For Sale $225,000 +87.5% $30 / Sq Ft
02/09/2023 02/09/23 Sold -- -- --
01/04/2023 01/04/23 Pending -- -- --
11/22/2022 11/22/22 For Sale $120,000 -- $29 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Greater McAllen Association of REALTORS®

MLS Number: 459081

Greater McAllen Association of REALTORS®

APN: N3400-00-000-2008-10