Income Producing Corner Lot
|Catylist Listing ID:
Multi-Family, Residential (Single Family)
|Gross Land Area:
||$95,789 Per Acre
Overview / Comments
.95 of an acre located at the NW Corner of FM 491 and Alamo St in Mercedes, Texas (315 Mistletoe aka FM 491). 1/2 block from city park and community center. Property has a 1,400 SF home and a 740 SF apartment bringing in approximately $800/month. Improvements are in fair shape. Fm 491 is a 5 lane road and property is located just south of Business Hwy 83 and North of Mercedes ISD football stadium. FM 491 connects with Progreso International Bridge. Mercedes, Texas is home to the Rio Grande Valley Premium Outlets, Rio Grande Valley Livestock Show, Estero Llano Grande State Park, and the Rios of Mercedes Boot Company.
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