Income Producing Corner Lot
Vacant Land
for Sale
| Catylist Listing ID: |
30604389 |
| Property Subtypes: |
Multi-Family, Residential (Single Family)
|
| Gross Land Area: |
0.95 Acres
|
| Sale Price: |
$91,000 |
| Unit Price: |
$95,789 Per Acre |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/27/2020 |
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.
|
Additional Details
| Nearest MSA: |
McAllen-Edinburg-Mission |
| County: |
Hidalgo |
| Tax ID/APN: |
131719 |
| Property Visibility: |
Excellent |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,648 |
24,026 |
59,300 |
| Median Age: |
32.91 |
28.43 |
29.39 |
| Households: |
1,499 |
6,743 |
16,390 |
|
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