544 N TEXAS AVENUE, MERCEDES, TX 78570

Homes for sale in Mercedes.

Homes for sale in 78570.


544 N Texas Avenue

Mercedes, TX 78570

Status of the property has changed, please contact for details

List Price$242,000

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

Listing #470897

1,064

Square Feet

Commercial

Type

About This Property

This excellent commercial property sits on a +/- 0.20 acre corner site at the corner of Expressway 83 (I-2), Texas Avenue, and FM 491, one of the busiest intersections in the area. Expressway 83 is major highway that connects travelers from Cameron County to Starr County. Texas Avenue is Mercedes' main road and the city's main commercial corridor, and FM 491 carries travelers to and from the Elsa/Edcouch area. The site is located on the North side of the expressway, at the entrance of the Rio Grande Valley livestock show and sees over 84,000 vehicles per day at the crux of its three roadway intersection. Due to the expanding nature of this area, commercial properties see a consistent value growth as commercial demand and viability continues to increase. This site is located in a strategic and ideal location in this upcoming trade area.

Property Features

Location Information

County

Hidalgo

Directions

Coming East from McAllen, take the exit off N Texas ave. Head north under the expressway and the property will be on your left (West) on the corner of N Texas ave and Anacuitas St.

Subdivision

North Mercedes Heights

Interior Features

Heating

Other HVAC

Additional Equipment

Pole Sign

Cooling

Other HVAC, Wall Unit(s)

Appliances

Electric Water Heater

Floors

Concrete

Windows/Doors Description

Display Window(s)

Exterior Features

Construction

Stucco, Wood Siding

Lot Description

See Remarks

Roof

Metal

Lot Size in Acres

0.196

Possession

Closing and Funding

Lot Size in Sq. Ft.

8,535

Parking Description

Paved

Present Use

Restaurant, Retail

Has Garage

Yes

Energy Features

Other

Garage Spaces

10

Road Frontage

City Street, Interstate, State Road

Parking Spaces

10

Additional Information

Property Type

COM

Units in Complex

2

Property SubType

Commercial

Taxes

3164

Year Built

1997

Tax Year

2023

APN

N580000001000600

Square Feet Source

HidalgoCAD

Status

Active

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Mortgage Calculator

$1,129

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$872

Monthly Tax

$201

Monthly Insurance

$56

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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