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7222 Mile 2 E

Mercedes, TX 78570
  • $775,000
  • STATUS: Active
  • ON SITE: 206 Days
  • MLS #: 420614
UPDATED: 63 min ago
$775,000
  • 0
    BEDS
  • 9.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,280
    SQFT
  • $147
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1987
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Welcome to an exceptional investment opportunity in Mercedes, TX! Nestled on 9.23 acres directly along Mile 2 Rd, and less than a mile away from Expressway 83, this property offers a prime location for those looking to expand their real estate portfolio. The package includes 4 independent buildings, 3 of which are fully renovated and currently leased. The abundance of vacant land provides a unique opportunity to build additional rental properties. Imagine the possibilities as you design and develop new residences, tailored to meet the growing demands of the local market. The adjacent 30 acres only amplifies the potential, offering even more room for expansion or diverse development projects. Combine both parcels to embark on a large-scale venture that could redefine real estate in Mercedes, Texas. Seize the opportunity to not only invest in existing rental properties but to shape the future of this location.

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© 2024 Greater McAllen Association of Realtors Multiple Listing Service.
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. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2024-11-12T19:16:42.15.
www.ryanandbrian.com/homes/149426113
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7222 Mile 2 E Mercedes, TX 78570

  • Price: $775,000
  • Status: Active
  • On Site: 206 Days
  • Updated: 63 min ago
  • MLS #: 420614
0
Beds
0
Baths
0
½ Baths
9.23
Acres
5,280
SQFT
$147
$/SQFT
1987
Built
Neighborhood:
Capisallo
County:
Hidalgo
Area:
Mercedes
Elementary School:
Hinojosa
Middle School:
Kennedy
High School:
Mercedes H.S.
School District:
Mercedes ISD
Property Description
Welcome to an exceptional investment opportunity in Mercedes, TX! Nestled on 9.23 acres directly along Mile 2 Rd, and less than a mile away from Expressway 83, this property offers a prime location for those looking to expand their real estate portfolio. The package includes 4 independent buildings, 3 of which are fully renovated and currently leased. The abundance of vacant land provides a unique opportunity to build additional rental properties. Imagine the possibilities as you design and develop new residences, tailored to meet the growing demands of the local market. The adjacent 30 acres only amplifies the potential, offering even more room for expansion or diverse development projects. Combine both parcels to embark on a large-scale venture that could redefine real estate in Mercedes, Texas. Seize the opportunity to not only invest in existing rental properties but to shape the future of this location.
Exterior Features

Carport Spaces 0 Carport YN No Construction Materials Frame/Wood Covered Spaces 3 Exterior Features Manual GateMature Trees Fencing Barbed WireIrrigationOtherSmooth Wire Foundation Details Pillar/Post/Pier Garage YN Yes Lot Features Corner LotFlood IrrigationMature Trees Other Structures Outbuilding (None) Parking Features Detached Parking Total 3 Patio And Porch Features Covered Patio Pool YN No Road Surface Type OtherPaved Roof Shingle

Interior Features

Appliances Electric Water HeaterNo Conveying Appliances Cooling Central Air Cooling YN Yes Flooring HardwoodLaminate Heating Central Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Laundry ClosetWasher/Dryer Connection

Property Features

Association YN No Community Features Gated Green Energy Efficient Energy Star Maintenance Expense 4800 Other Expense 0 Property Sub Type Multi Family Sewer OtherSeptic Tank Tax Annual Amount 4519 Tax Year 2023 Water Source Private Well

Listing by Rodolfo Velasquez of Envision Real Estate Group: 956-292-5076.
© 2024 Greater McAllen Association of Realtors Multiple Listing Service.
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. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2024-11-12T19:16:42.15.
 
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The Ryan & Brian Real Estate Team | Tierra Frontera, LLC
833 E. Esperanza Ave, Ste. A
McAllen TX, 78501