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$975,000
Listing Price3beds
1baths
1,269sqft
23,087sqft lot
540 N Texas Ave, Mercedes, TX 78570
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
This excellent 0.53 acre corner site is located 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 citys 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, land here has seen consistent value growth as commercial demand and viability continues to increase. That being said, this site is located in a strategic and ideal location in this upcoming trade area, giving it a unique and strong position in its submarket.
Interior Details
1269
3
1
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
Tile (unspecified)
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
23087
No
No
Type:
Carport (unspecified)
Location:
N/A
Status:
N/A
Number of Spaces:
0
No
No
No
No
Yes
No
No
Construction Details
N/A
Brick
N/A
Gable
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,469
$51,484
$30,942
--%
$82,426
2019
$2,232
$53,100
$23,208
--%
$76,308
2018
$2,310
$53,100
$23,208
--%
$76,308
2017
$2,315
$53,100
$23,208
--%
$76,308
2016
$2,269
$53,100
$21,437
--%
$74,537
2014
$2,341
$53,100
$23,436
--%
$76,536
2013
$2,053
$46,174
$23,436
--%
$69,610
2011
$2,029
$46,174
$22,835
--%
$69,009
Average Home Price in 78570
