Mile 1 E Road, Mercedes, TX 78570

$3,128,125
List Price
$3,128,125
Price Change
▼ $721,875 1690087108
Status
ACTIVE
MLS#
398958
Lot Size (Acres)
50.05

Property Description

This 50.05 acre tract is located south of I-2 on the east side of Mile 1 East, and adjacent to Hwy 83 parallel to Iron Horse Railroad. The site is ideal for a mixed-use development.  While it is not inside the city limits at this time, it will likely be annexed on development.  At an average of 4 lots to the acre, the site can support 180 or more single-family home sites with land for multi-family and commercial uses too. Drone video embedded in the marketing flyer shows land in relation to Mile1 East and Hwy 83 and Railroad.

Additional Information

Area
Mercedes
Subdivision
Capisallo
Taxes
$31,191
Tax Year
2023
Amenities
None
Community Features
None
Lot Size
2,180,178
Utilities
Water Connected, Sewer Connected, Sewer Available
School District
Mercedes ISD
Elementary School
Travis
Middle School
Mercedes Junior High
High School
Mercedes H.S.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Michael J. Blum with Nai Rio Grande Valley