540 N Texas Avenue, Mercedes, TX 78570

$975,000
List Price
$975,000
Status
ACTIVE
MLS#
439729
Lot Size (Acres)
0.53

Property Description

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 city’s 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.

Additional Information

Area
Mercedes
Subdivision
Buena Vista
Taxes
$2,310
Amenities
Clubhouse
Utilities
Electricity Connected, Water Connected, Sewer Connected, Phone Connected
Sewer
City Sewer
School District
Mercedes ISD
Elementary School
Travis
Middle School
Mercedes Junior High
High School
Mercedes H.S.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jacob Galvan with Coldwell Banker La Mansion