000 N FM 1425 ROAD E, MERCEDES, TX 78570

Homes for sale in Mercedes.

Homes for sale in 78570.


Active

List Price$1,500,000

000 N FM 1425 Road E

Mercedes, TX 78570

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #388707

79.98

Acres

Lots / Land

Type

About This Property

Scenic farmland is perfect for development, 3.4 miles from the Mercedes Outlets. With approx 1,320 feet of frontage along FM 1425, It's also an excellent option to continue family traditions of farming or ranching of this 80-acre property. North Alamo Water is available at the frontage, and Magic Valley provides electric services. A sewer lift station is also conveniently located less than a mile away.Exceptional drainage systems on both the east and south sides. You have the flexibility to choose between using a portion of the land or the entire property, with the option to sell the remaining portions. Here's an additional advantage: the farmer is willing to lease back the land, allowing you to maintain the agricultural exemption while you plan and develop. Don't miss out on this fantastic investment opportunity. Take the first step towards realizing your vision by exploring the potential of this remarkable property.

Property Features

Location Information

County

Hidalgo

Directions

From I2 go north on FM1425 to the NE corner of Mile 10 and FM 1425

Subdivision

Capisallo

Interior Features

Features

Other

Exterior Features

Possession

Closing and Funding

Lot Description

Irrigation System, Other, Corner Lot, Flood Irrigation

Septic or Sewer

None

Lot Size in Acres

79.977

Water

Public, North Alamo WSC

Lot Size in Sq. Ft.

3,483,799

Utilities

Other

Present Use

Commercial, Single Family, Unimproved

Utilities On Site

false

Possible Best Use

Cattle, Commercial, Farm, Ho

Crops

Corn, Cotton, Grain, Row Crops, Sugar Cane, Vegetables

Road Description

Paved

Fencing

None

Road Frontage

County Road, FM Road

Is a Horse Property

Yes

View Description

Exceptional View

School

Elementary School District

Mercedes ISD

Middle School

Sgt. Manuel Chacon

Elementary School

Hinojosa

High School

Mercedes H.S.

Additional Information

Property Type

LL

Status

Active

Property SubType

Acreage

Taxes

743

APN

C140000024001300 & C14000

Tax Year

2022

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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