NOT LISTED FOR SALE

302 Rio Rico Rd Mercedes, TX 78570

Estimated Value: $355,000 - $458,000

4 Beds
4.5 Baths
3,841 Sq Ft
$107/Sq Ft Est. Value

Last Sold October 30, 2023

Current estimated payment $3,209/month

140 Days on Market

Highlights

  • 1.38 Acre Lot
  • Traditional Architecture
  • High Ceiling
  • Deck
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of October 2023

Welcome home to this charming single-story design on OVER 1.25ac premium corner lot in the exclusive Chapman community; minutes from Downtown Mercedes, TX. Stately circular drive & enormous covered front porch welcomes you inside to the grand foyer & both formals. Spacious family room is the heart of the home, boasting soaring vaulted ceilings, wet bar, & stone corner fireplace. Chef's island kitchen w/breakfast bar & adjacent breakfast room for ample seating & room to entertain. 3/4 bedrooms feature private en-suite baths, including Primary Suite w/dual sinks, garden tub + separate shower & huge walk-in closet. TX-sized covered patio w/ceiling fans overlooks fenced backyard w/gazebo & tons of room to expand. Also features central vacuum system, 3 wells watering the property, 2-car garage + 2-car carport for ample parking, & more. Enjoy the benefits of country living near city amenities, w/no MUD tax or HOA dues, & short drive to endless shopping, dining, & entertainment.

Last Agent to Sell the Property

Laura Pena

Keller Williams Signature License #0744283 Listed on: 05/19/2023

Keller Williams Signature

Last Buyer's Agent

Nonmls

Houston Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,206

Year Built

  • Built in 1979

Lot Details

  • 1.38 Acre Lot
  • West Facing Home
  • Back Yard Fenced
  • Corner Lot

Parking

  • 2 Car Garage
  • 2 Detached Carport Spaces
  • Garage Door Opener
  • Circular Driveway
  • Electric Gate

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,841 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Formal Entry
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity
  • Single Vanity
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Home Security

  • Security Gate
  • Intercom
  • Fire and Smoke Detector

Eco-Friendly Details

  • Ventilation

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Ruben Hinojosa Elementary School
  • Mercedes Junior High School
  • Mercedes High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well

Community Details

  • Chapman Subdivision

Listing and Financial Details

  • Exclusions: See agent remarks & offer instructions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,206

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Directions: Heading east on E Expressway 83, turn right on Dawson Rd., right on E 2nd St, left on FM Rd 491/Mistletoe Ave. The property will be on your left.
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Year Built: 1979
  • Lot Size Acres: 1.3753
  • Ownership: Full Ownership
  • Subdivision Name: Chapman
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
  • Other Equipment: Intercom
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Central Vacuum, Double Vanity, Entrance Foyer, High Ceilings, Intercom, Kitchen Island, Bath in Primary Bedroom, Pantry, Soaking Tub, Separate Shower, Tub Shower, Vanity, Ceiling Fan(s)
  • Living Area: 3841.0
  • Dining Room Type: Breakfast Room/Nook, Dining Room, Family Room, Living Room, Utility Room, Half Bath
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Exclusions: See agent remarks & offer instructions
  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Corner Lot, Subdivision
  • Pool Private: No
  • Construction Type: Brick
  • Direction Faces: West
  • Exterior Features: Covered Patio, Deck, Fully Fenced, Fence, Porch, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Patio, Porch

Garage/Parking

  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Detached Carport, Driveway, Electric Gate, Garage, Garage Door Opener

Utilities

  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public, Well

Schools

  • Elementary School: RUBEN HINOJOSA ELEMENTARY SCHOOL (MERCEDES)
  • Junior High Dist: 730 - Mercedes
  • High School: MERCEDES HIGH SCHOOL
  • Middle Or Junior School: MERCEDES JUNIOR HIGH SCHOOL

Green Features

  • Green Indoor Air Qlty: Ventilation

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8206.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Oct 30, 2023
Sold by
Sergio Gonzalez and Sergio Gudelia Gonzalez
Bought by
Martinez Arturo and Martinez Kimberly Young
Seller's Agent
Laura Pena
Keller Williams Signature
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$442,000
Views
501
Current Estimated Value
$411,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.91%

Purchase Details

Closed on
Sep 25, 2005
Sold by
Gonzalez Sergio and Gonzalez Gudelia
Bought by
Gonzalez Sergio and Gonzalez Gudelia
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Martinez Arturo -- Corporation Service
Gonzalez Sergio -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold -- -- --
10/06/2023 10/06/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $395,000 -10.6% $103 / Sq Ft
05/19/2023 05/19/23 For Sale $442,000 -- $115 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

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 $12,217 $434,692 $164,744 $269,948
2023 $8,255 $298,538 $0 $0
2022 $8,206 $271,398 $131,795 $139,603
2021 $7,814 $256,263 $131,795 $185,933
2020 $6,817 $232,966 $131,795 $101,171
2019 $6,881 $227,284 $131,795 $95,489
2018 $8,296 $273,412 $125,205 $148,207
2017 $7,791 $255,928 $125,205 $148,207
2016 $7,083 $232,662 $89,861 $142,801
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Laura Pena

    Keller Williams Signature

    (713) 582-5859

    1 in this area

    21 Total Sales

    Laura Pena
    Section Image

  • N

    Buyer's Agent in 2023

    Nonmls

    Houston Association of REALTORS

See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 32601821

Houston Association of REALTORS®

APN: C4050-00-011-0003-00

Texas Hidalgo County Mercedes 78570

302 Rio Rico Rd, Mercedes, TX

This home is located at 302 Rio Rico Rd, Mercedes, TX 78570 since 19 May 2023 and is currently estimated at $411,222, approximately $107 per square foot. This property was built in 1979. 302 Rio Rico Rd 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.

Houston Association of REALTORS® Copyright 2025, Houston REALTORS® Information Service, Inc.
The information provided is 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 is deemed reliable but not guaranteed.

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