NOT LISTED FOR SALE

5234 E Mile 12 N Mercedes, TX 78570

Estimated Value: $27,000

2.96 Acres
$9,117 Price per Acre
128,999 Sq Ft Lot

Last Sold May 03, 2023

Current estimated payment $170/month

516 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • Partially Fenced Property

About This Lot

As of May 2023

Easy access. Show any time. Water and Electricity available. Great location for livestock or ranch.

Last Agent to Sell the Property

Ivan Guzman

Medina Real Estate - Weslaco Listed on: 11/08/2021

Last Buyer's Agent

Jeremy Lasater

Davis Real Estate Rgv, Llc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,414

Lot Details

  • 2.96 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Barbed Wire
  • Chain Link Fence
  • Mature Trees

Schools

  • Taylor Elementary School
  • Mercedes Junior High
  • Mercedes High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Mercedes Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number M352800000003100

Property Details

Property Type

Land

Est. Annual Taxes

$1,414

Lot Details

0

Listing Details

  • Directions: From Hwy 83 go North on FM 491 (Baseline), turn West (Left) on Mile 12 pass Mile 1 W. Property will be on the North (Right) side. Property has small white wood fence. NO SIGN ON PROPERTY.
  • Property Sub Type: Residential Lot
  • Prop. Type: Land
  • Lot Size Acres: 2.9614
  • Road Frontage Type: City Street
  • Road Surface Type: Paved Road, Paved
  • Subdivision Name: Mercedes Acres
  • GMAR_Escrow: 1500
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Other, Residential

Exterior Features

  • Fencing: Barbed Wire, Chain Link, Partial, Wood
  • Lot Features: Other, Curb & Gutters, Mature Trees
  • Home Warranty: No

Utilities

  • Utilities: Electricity Connected, Water Connected, Septic, Water Available
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Water Source: North Alamo WSC
  • Water Comments: Not confirmed irr.

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Schools

  • Elementary School: Taylor
  • High School: Mercedes H.S.
  • Junior High Dist: Mercedes ISD
  • Middle Or Junior School: Mercedes Junior High

Lot Info

  • Zoning: R
  • Current Use: Multi-Family, Single Family
  • Lot Size Sq Ft: 128999.0196
  • Parcel #: M352800000003100
  • ResoLotSizeUnits: Acres

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Apr 6, 2023
Sold by
Ruppert Richard
Bought by
Arenas Sanchez Oralia
Seller's Agent
Ivan Guzman
Medina Real Estate - Weslaco
Buyer's Agent
Jeremy Lasater
Davis Real Estate Rgv, Llc
List Price
$92,000
Views
137
Current Estimated Value
$27,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Outstanding Balance
$16,122
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2013
Sold by
Arenas Amado Nunez
Bought by
Sanchez Oralia Arenas
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Arenas Sanchez Oralia -- Valley Land Title
Sanchez Oralia Arenas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saldivar Rene $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold -- -- --
04/08/2023 04/08/23 Pending -- -- --
02/04/2023 02/04/23 Price Changed $90,000 -2.2% --
07/08/2022 07/08/22 For Sale $92,000 0.0% --
03/23/2022 03/23/22 Pending -- -- --
02/14/2022 02/14/22 Price Changed $92,000 -4.2% --
12/23/2021 12/23/21 Price Changed $96,000 -4.0% --
11/08/2021 11/08/21 For Sale $100,000 -- --
Source: Greater McAllen 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
2025 $2,127 $103,200 $103,200 --
2024 $2,127 $103,200 $103,200 --
2023 $1,992 $96,750 $96,750 $0
2022 $1,390 $64,500 $64,500 $0
2021 $1,402 $64,500 $64,500 $0
2020 $1,417 $64,500 $64,500 $0
2019 $1,417 $64,500 $64,500 $0
2018 $1,422 $64,500 $64,500 $0
2017 $1,429 $64,499 $64,499 $0
2016 $1,429 $64,499 $64,499 $0
2015 $857 $64,499 $64,499 $0
Source: Public Records

Agents Affiliated with this Home

  • Ivan Guzman

    Seller's Agent in 2023

    Ivan Guzman

    Medina Real Estate - Weslaco

    (956) 800-4345

    39 Total Sales

    Ivan Guzman
    Section Image
  • Jeremy Lasater

    Buyer's Agent in 2023

    Jeremy Lasater

    Davis Real Estate Rgv, Llc

    (956) 498-4689

    19 Total Sales

    Jeremy Lasater
    Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 369176

Greater McAllen Association of REALTORS®

APN: M3528-00-000-0031-00

Texas Hidalgo County Mercedes 78570

5234 E Mile 12 N, Mercedes, TX

This home is located at 5234 E Mile 12 N, Mercedes, TX 78570 since 08 November 2021 and is currently priced at $27,000. 5234 E Mile 12 N is a home located in Hidalgo County with nearby schools including Edcouch-Elsa 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