2306 Olmo Ln Mercedes, TX 78570
Estimated payment $563/month
About This Lot
Prime Corner Lot Alert! This spacious 0.5-acre lot is ready for your dream build — perfectly positioned in a desirable neighborhood with endless potential. Whether you're planning your forever home or an investment property, this is the opportunity you've been waiting for! Lot does have a foundation on it, blueprints are available.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,230
Lot Details
- 0.5 Acre Lot
- Chain Link Fence
- Corner Lot
- Irregular Lot
Schools
- Gonzalez Elementary School
- Mary Hoge Middle School
- Weslaco East High School
Community Details
- No Home Owners Association
- San Jacinto Estates #5 Subdivision
Listing and Financial Details
- Assessor Parcel Number S066905000004800
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,230 | $65,634 | $65,634 | -- |
| 2023 | $1,334 | $71,806 | $65,634 | $6,172 |
| 2022 | $741 | $39,380 | $39,380 | $0 |
| 2021 | $757 | $39,380 | $39,380 | $0 |
| 2020 | $784 | $39,380 | $39,380 | $0 |
| 2019 | $774 | $37,193 | $37,193 | $0 |
| 2018 | $776 | $37,193 | $37,193 | $0 |
| 2017 | $773 | $37,193 | $37,193 | $0 |
| 2016 | $773 | $37,193 | $37,193 | $0 |
| 2015 | $772 | $37,193 | $37,193 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Price Changed | $85,000 | -4.5% | -- |
| 07/09/2025 07/09/25 | For Sale | $89,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available | |
| Foreclosure Deed | $37,827 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $39,000 | Seller Take Back |
Source: Greater McAllen Association of REALTORS®
MLS Number: 475600
APN: S0669-05-000-0048-00
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.
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.
- 1715 Jim St
- 2303 Carolina Dr
- 2510 Luisa Cir N
- 9401 N Fm 1015
- 9435 Farm To Market Road 1015
- 2505 Luisa Cir N
- 3026 E Mile 13 N
- 3117 Spanish Palms Dr S
- lot 27 N Birdnest Ln
- 10.00 Acres N Mile 4 W
- 705 Palo Verde St
- 8140 N Fm 1015
- 13821 Magdalena St
- 607 Palos Altos St
- 11740 Mesquite Cir
- 24025 Farm To Market Road 1015
- 11772 Mesquite Cir
- 4 W Mile 13 N
- 7610 N Mile 4 W
- 7909 Big Valley Dr
- 209 W Mile 14 1 2 N
- 3413 Emma Dr
- 302 Sylvia Handy Dr Unit C1
- 300 Sylvia Handy Dr Unit 209
- 5887 Mile 11 N
- 5939 Mile 11 N
- 201 Mile 2 W
- 1100 E Santa Rosa Ave
- 402 Hinojosa Dr
- 800 N North Yellow Jacket Dr
- 4508 N Mile 4 1 2 W Unit B
- 4508 N Mile 4 1 2 W
- 901 N Lamar
- 912 Max Dr
- 900 N Mike Chapa Rd
- 3226 El Paso Dr
- 12802 Apache Dr
- 3600 N Westgate Dr
- 2900 N Texas Blvd
- 703 Bowie St