0 North Fm 1425 Road East

Mercedes, TX 78570

$1,500,000
Price
3,483,799 / 79.98
Lot Size / Acres

Description

Scenic farmland is perfect for development, 3.4 miles from the Mercedes Outlets. With approx 1,320 feet of frontage along FM 1425, It's also an excellent option to continue family traditions of farming or ranching of this 80-acre property. North Alamo Water is available at the frontage, and Magic Valley provides electric services. A sewer lift station is also conveniently located less than a mile away. Exceptional drainage systems on both the east and south sides. You have the flexibility to choose...Scenic farmland is perfect for development, 3.4 miles from the Mercedes Outlets. With approx 1,320 feet of frontage along FM 1425, It's also an excellent option to continue family traditions of farming or ranching of this 80-acre property. North Alamo Water is available at the frontage, and Magic Valley provides electric services. A sewer lift station is also conveniently located less than a mile away. Exceptional drainage systems on both the east and south sides. You have the flexibility to choose between using a portion of the land or the entire property, with the option to sell the remaining portions. Here's an additional advantage: the farmer is willing to lease back the land, allowing you to maintain the agricultural exemption while you plan and develop. Don't miss out on this fantastic investment opportunity. Take the first step towards realizing your vision by exploring the potential of this remarkable property. Contact us today and let's turn your dreams into reality.
  1. Listed by Benjamin Garcia • TREC #801001131 • Keller Williams Realty Rgv

Property Details for 0 North Fm 1425 Road East

Community Features
Other
Subdivision Name
Capisallo
View
Exceptional View
View
Yes

Location

Listing Courtesy of Keller Williams Realty Rgv
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LISTING UPDATED: 01/22/2024 12:28 PM

Property Details for 0 North Fm 1425 Road East

StatusActive
MLS #388707
Days on Market592
Taxes$743 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Acreage
Year Built-
Lot Size79.98 AC
CountyHidalgo County

Location

Listing Courtesy of Keller Williams Realty Rgv
Add your commute

Building Information for 0 North Fm 1425 Road East

Lot Size79.98 AC

Payment Calculator

$8,248 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$62

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 North Fm 1425 Road East

Summary
Location and General Information
  • Directions: From I2 go north on FM1425 to the NE corner of Mile 10 and FM 1425
  • Road Frontage Type: County Road, FM Road
  • Road Surface Type: Paved
  • Topography: Bench Leveled,Other
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: No
  • Parcel Number: C140000024001300 & C140000024001400
  • Tax Annual Amount: $743
  • Tax Legal Description: Tract 1: CAPISALLO 40.0AC OF LOT 13 BLK 24 36.43AC NET Tract 2: CAPISALLO 40.0AC OF LOT 14 BLK 24 36.05AC NET
  • Tax Year: 2022
Property
Lot Information
  • Building Area Units: Square Feet
  • Current Use: Commercial, Single Family, Unimproved
  • Crops: Corn, Cotton, Grain, Row Crops, Sugar Cane, Vegetables
  • Living Area Units: Square Feet
  • Lot Features: Irrigation System, Other, Corner Lot, Flood Irrigation
  • Lot Size Acres: 79.977
  • Lot Size Area: 79.977
  • Lot Size Dimensions: 1320 X 2640
  • Lot Size Square Feet: 3483799.8624
  • Lot Size Units: Acres
Property and Assessments
  • Agriculture Tax Value: $3,242
  • Escrow: $10,000.00
  • Possible Use: Cattle, Commercial, Farm, Horses, Hunting, Residential, Truck Farm
Utilities
  • Water Comments: HAS IRRIGATION AND DRAINAGE ON THE E & S BOUNDRIES
  • Irrigation Source: Irrigation Water District: HCID#1
  • Irrigation Water Rights: Yes
  • Sewer: None
  • Utilities: Other
  • Water Source: Public, North Alamo WSC
  • Electric On Property: No
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Horse: Yes
Rental
Rental Information
  • Leased Rent Share: NO

Property History for 0 North Fm 1425 Road East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 0 North Fm 1425 Road East

This home is within Mercedes Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ruben Hinojosa Elementary School
PublicPK to 5

SGT William G Harrell Middle
Public6 to 8

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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0 North Fm 1425 Road East is a 79.98 ac of land for sale in Mercedes, TX 78570. This property was listed for sale on September 12, 2022 by Keller Williams Realty Rgv, it's currently listed at $1,500,000. This listing's school district is Mercedes Independent School District. Nearby schools include Ruben Hinojosa Elementary School, SGT William G Harrell Middle and Mercedes High School. 0 North Fm 1425 Road East is a 0-bed, 0-bath, 79.98 ac of land on a 3,483,799 sq. ft. / 79.98 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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.