7222 Mile 2 E, Mercedes, TX 78570

$775,000
5,280
SqFt
List Price
$775,000
Status
ACTIVE
MLS#
420614
Living Area
5,280
Lot Size (Acres)
9.23
Year Built
1987

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.

Additional Information

Area
Mercedes
Subdivision
Capisallo
Taxes
$4,519
Stories
1
Interior Features
Ceiling Fan(s)
Amenities
Gated
Garage Spaces
3
Exterior Features
Manual Gate, Mature Trees
Heating
Central
Cooling
Central Air
Sewer
Other, Septic Tank
School District
Mercedes ISD
Elementary School
Hinojosa
Middle School
Kennedy
High School
Mercedes H.S.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Rodolfo R. Velasquez with Envision Real Estate Group