Active
2 beds1,125 sqft$71/sqft
1201 Rio Rico Rd, Unit 201, Mercedes, TX 78570
Est: $692/moGet pre-approved
CondoProperty Type
1978Year Built
$71/sq ftPrice per sq ft
$125/moHOA Fees
2 carsParking Spaces

Description

Affordable 2-Bedroom, 2-Bath Condo in Mercedes, TX! Welcome to 1201 Rio Rico Rd, Unit 201, a second-floor condo offering approximately 1,125 sq. ft. of comfortable living space. This 2-bedroom, 2-bath home features laminate flooring in the living room and bedrooms, providing a clean and practical finish throughout the main living areas. The spacious layout offers a great opportunity for a first-time homebuyer, someone looking to downsize, or an investor seeking an affordable property in the Rio Grande...Affordable 2-Bedroom, 2-Bath Condo in Mercedes, TX! Welcome to 1201 Rio Rico Rd, Unit 201, a second-floor condo offering approximately 1,125 sq. ft. of comfortable living space. This 2-bedroom, 2-bath home features laminate flooring in the living room and bedrooms, providing a clean and practical finish throughout the main living areas. The spacious layout offers a great opportunity for a first-time homebuyer, someone looking to downsize, or an investor seeking an affordable property in the Rio Grande Valley. Conveniently located in Mercedes with easy access to shopping, dining, schools, major roadways, and surrounding RGV communities. Priced to sell! This condo offers an excellent opportunity to own real estate at an attractive price point. Schedule your showing today
1 day on Market
  • Listed by: Juan C. Carpio TREC #801066553 • Keller Williams Realty Rgv
Last updated: 08/27/2026 04:08 PM • Source: Greater McAllen Association of REALTORS, MLS#: 513570

Location

Listing Courtesy of Keller Williams Realty Rgv
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$692 per month

30 year fixed, 6.55% Interest

Principal and Interest

$406

Property Taxes

$161

HOA Dues

$125

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Property Information for 1201 Rio Rico Road, Unit 201

Property Details
  • Taxes: $1,928 / year
  • MLS Type: Residential / Condominium
  • Furnished: Unfurnished
  • Subdivision Name: Rio Rico Condos #1
Building Information
  • Building/Complex: 1201 Rio Rico Rd
  • Floor: 2
  • Stories: 2
  • Year Built: 1978
Summary
Location and General Information
  • Directions: From Expressway 83, take FM 491/Texas Ave south toward Mercedes. Continue to Rio Rico Rd and turn onto Rio Rico Rd. Proceed to 1201 Rio Rico Rd. Unit 201 is located on the second floor.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 2.0
  • Carport YN: Yes
  • Covered Spaces: 2.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Detached
  • Parking Total: 2.0
School Information
  • Elementary School: Hinojosa
  • Elementary School District: Mercedes ISD
  • High School: Mercedes H.S.
  • High School District: Mercedes ISD
  • Middle Or Junior School: Sgt. Manuel Chacon
  • Middle Or Junior School District: Mercedes ISD
Taxes and HOA
  • Association Fee: $125
  • Association FeeFrequency: Monthly
  • Association Name: Rio Rico Condo Association
  • Association: Yes
  • Parcel Number: R31200100A020100
  • Tax Annual Amount: $1,928
  • Tax Legal Description: RIO RICO CONDOS PH 1 BLDG A UT 201
  • Tax Year: 2025
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 1125.0
  • Building Area Units: Square Feet
  • GolfCart: No
  • Living Area: 1125.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Mature Trees
  • Lot Size Acres: 0.0912
  • Lot Size Area: 3973.1076
  • Lot Size Square Feet: 3973.1076
  • Lot Size Units: Square Feet
Property and Assessments
  • New Construction: No
  • Year Built: 1978
  • Year Built Source: HCAD
  • Escrow: $800.00
Utilities
  • Irrigation Water Rights: No
  • Sewer: City Sewer
  • Water Source: Public
Green Features
  • Green Energy Efficient: Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Mature Trees
  • Fencing: Partial, Wood
  • Pool: No
  • Construction Materials: Brick, Wood Siding
  • Association Amenities: Property Owners' Assoc.
  • Roof: Composition Shingle
  • Window Features: No Window Coverings
Interior Features
  • Appliances: Electric Water Heater, Electric Cooktop, Refrigerator
  • Bathrooms Full: 2.0
  • Bathrooms Half: 0.0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2.0
  • Bedrooms Total: 2.0
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Laminate
  • Maid Quarters: No
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Countertops (Laminate), Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Split Bedrooms
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Dining RoomDescription: Living Area(s): 1
  • Living Room Description: Living Area(s): 1
  • Master Bedroom Features: Shower Only
  • Foundation Details: Slab

Property History for 1201 Rio Rico Road, Unit 201

DateEvent & SourcePriceAppreciation
Aug 27, 2026

Listed (Active)

Greater McAllen Association of REALTORS #513570

$79,900
DateEvent & SourcePrice
08/27/2026

Listed (Active)

Greater McAllen Association of REALTORS #513570

$79,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1201 Rio Rico Road, Unit 201

Taxable ValueLand$13,700Additions$50,150Total$63,850
Tax Record2023$1,019 ($85 / month)
Home Facts
Beds2Total Finished SqFt1,125 SqFtAbove Grade Finished SqFt1,125 SqFtStories1Lot Size3,973 SqFtStyleCondominiumYear Built1978ZoningRCCountyHIDALGOAPNR3120-01-00A-0201-00Fireplace TypeHas Fireplace

Schools near 1201 Rio Rico Road, Unit 201

This home is within Mercedes Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 9
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ruben Hinojosa Elementary School
PublicPK to 5

Sgt Manuel Chacon Middle School
Public6 to 9

Mercedes High School
Public9 to 12

Mercedes Academic Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1201 Rio Rico Road, Unit 201 is a condo for sale in Mercedes, TX 78570. This property was listed for sale on August 27, 2026 by Keller Williams Realty Rgv, it's currently listed at $79,900. This listing's school district is Mercedes Independent School District. Nearby schools include Ruben Hinojosa Elementary School, Sgt Manuel Chacon Middle School and Mercedes High School. 1201 Rio Rico Road, Unit 201 is a 2-bed, 2-bath, 1,125 sqft condo built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Rgv

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.