19 days on rocket

0 Mile 1 Rd E, Mercedes, TX, 78570

$2,502,500

50.05 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #398958
Lot Size50.05 Acres
StatusActive

About 0 Mile 1 Rd E

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 Details

Property Features

Listing Office:

  • Office Name: NAI Rio Grande Valley
  • Office Phone: (956) 731-4402
  • Listing Agent: Michael Blum

Lot Features

Lot Information:

  • Lot: Irregular Lot
  • Lot Size: 50.05 Acres

Other

Directions Information:

  • 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.)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,502,500
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MLS Details

MLS Information:

  • MLS Name: McAllenTX
  • MLS Number: #398958

Listing Office:

  • Office Name: NAI Rio Grande Valley
  • Office Phone: (956) 731-4402
  • Listing Agent: Michael Blum

Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/22/2024, 11:16:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,569

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-960246
6
/10

  • W.B. Travis Elementary School

  • 1551 S Georgia Ave

  • 2.03 miles

  • Public District Grades PK-5

school-card-donut-960247
7
/10

  • Ruben Hinojosa Elementary School

  • 500 S Rio Rico Rd

  • 2.18 miles

  • Public District Grades PK-5

school-card-donut-960248
7
/10

  • John F. Kennedy Elementary School

  • 801 Hidalgo St

  • 3.04 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 Mile 1 Rd E

What is the listing price of this property?

The listing price of 0 Mile 1 Rd E property is $2,502,500.

What type of property is this?

The property 0 Mile 1 Rd E is land located in Mercedes, Texas, 78570.

Is this property for sale now?

Active Listing: 0 Mile 1 Rd E is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 0 Mile 1 Rd E is 50.05 acres.
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Rocket Homes›Texas›Hidalgo County›Mercedes›78570›0 Mile 1 Rd E

This home is located at 0 Mile 1 Rd E in Mercedes, TX and zip code 78570. This home sits on a 50.05 acre lot. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $2,502,500.

From Rocket Homes Real Estate and based on county public records data.

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