NOT LISTED FOR SALE

940 N Texas Ave Mercedes, TX 78570

Estimated Value: $220,517 - $245,000

0.37 Acre
$627,054 Price per Acre
15,987 Sq Ft Lot

Last Sold August 04, 2017

Current estimated payment $1,698/month

103 Days on Market

About This Lot

As of August 2017

Excellent corner property in South Mercedes with 2 lots. Texas Ave frontage with the 2 lots is 100'(ft) & 160' (ft) frontage on 10th St. & 100' (ft) frontage on alley. Cinder block home is a tear down. Great property for at least a duplex or home on each lot. Check with the City to use for Tri-Plex or Four-Plex. Paved alley on the back and located next to the Early College School (Old High School). 10th St is the main road to the High School, Football Field, Junior High School, to several subdivisions near Rio Rico Rd (FM 491). Cash Only. Call Lillie at 956-320-7253 to view. Pre-approved buyers only!

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,440

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100 x 160
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Schools

  • Travis Elementary School
  • Mercedes Middle School
  • Mercedes High School

Community Details

  • Mercedes Original Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number M355000128001500

Property Details

Property Type

Land

Est. Annual Taxes

$5,440

Lot Details

0

Listing Details

  • Directions: Take S Texas Ave from Expwy 83, go S to 10th St. Property located on the NE corner of Texas Ave & 10th St.
  • Topography: Level
  • Property Sub-Type: Residential Lot
  • PropertyType: Land
  • ResoCommunityFeatures: Curb & Gutter
  • Current Use: Single Family, Multi-Family, No Crops
  • Reso Fencing: Chain Link
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.367
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Phone: 956-928-1155
  • MLS Status: Sold
  • Subdivision Name: Mercedes Original Townsite
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Utilities

  • Utilities: Electricity Available, Water Available
  • Electricity On Property: Yes
  • Water Source: Public, City

Schools

  • Elementary School: Travis
  • High School: Mercedes
  • Junior High Dist: Mercedes I.S.D.
  • Middle Or Junior School: Mercedes

Lot Info

  • Lot Dimensions: 100 x 160
  • Lot Size Sq Ft: 16000
  • ResoLotSizeUnits: Square Feet
  • Mobile Dim Units: Feet
  • Parcel Number: M355000128001500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
Juan Gonzalez Jr and Syerra Elizabeth
Bought by
Cardoza Nathali and Martinez Cristobal
Current Estimated Value
$230,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Outstanding Balance
$186,906
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$36,097
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
Cardoza Nathali -- Corporation Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardoza Nathali $194,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold -- -- --
06/28/2017 06/28/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $55,000 -- --
Source: Rio Grande Valley Multiple Listing Service

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 $5,440 $193,583 $38,800 $154,783
2023 $5,353 $193,583 $38,800 $154,783
2022 $3,290 $108,816 $27,200 $81,616
2021 $829 $27,200 $27,200 $0
2017 $1,076 $35,360 $21,600 $13,760
2016 $824 $27,079 $14,000 $13,079
Source: Public Records

Map

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29705063

Rio Grande Valley Multiple Listing Service

APN: M3550-00-128-0015-00

Texas Hidalgo County Mercedes 78570

940 N Texas Ave, Mercedes, TX

This home is located at 940 N Texas Ave, Mercedes, TX 78570 since 16 March 2017 and is currently estimated at $230,129. 940 N Texas Ave is a home located in Hidalgo County with nearby schools including Taylor 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.

Rio Grande Valley Multiple Listing Service IDX information is provided exclusively for 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.

Nearby Homes