0 MILE 1 ROAD E, MERCEDES, TX 78570
Homes for sale in Mercedes.
Homes for sale in 78570.
0 Mile 1 Road E
Mercedes, TX 78570
List Price$1,500,000
Listing #398958
50.05
Acres
Lots / Land
Type
About This Property
This 50.05 acre tract is located south of I-2 on the east side of Mile 1 East, and adjacent to Hwy 83 parallel to Iron Horse Railroad. The site is ideal for a mixed-use development. While it is not inside the city limits at this time, it will likely be annexed on development. At an average of 4 lots to the acre, the site can support 180 or more single-family home sites with land for multi-family and commercial uses too. Drone video embedded in the marketing flyer shows land in relation to Mile1 East and Hwy 83 and Railroad.
Property Features
Location Information
County
Hidalgo
Directions
From Frontage Rd. & Mile 1 East, turn north on Mile 1 E. Property will be on the left hand side. (West side of Mile 1 E.)
Subdivision
Capisallo
Interior Features
Features
None
Exterior Features
Possession
Closing and Funding
Lot Size in Acres
50.05
Water
Public, City
Lot Size in Sq. Ft.
2,180,178
Utilities
Water Connected, Sewer Connected, Sewer Available
Present Use
Unimproved
Utilities On Site
false
Possible Best Use
Subdevelopment
Crops
None
Road Description
Paved Road, Paved
Fencing
None
Road Frontage
City Street
Lot Description
Irregular Lot
School
Elementary School District
Mercedes ISD
Middle School
Mercedes Junior High
Elementary School
Travis
High School
Mercedes H.S.
Additional Information
Property Type
LL
Status
Pending
Property SubType
Acreage
Taxes
323
APN
C140000041000400
Tax Year
2025
Similar Listings
Mortgage Calculator
$7,005
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,405
Monthly Tax
$1,250
Monthly Insurance
$350
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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