Tbd Mile 2 1/2 East

Mercedes, TX 78570

$395,500
Price
1,742,400 / 40
Lot Size / Acres

Description

Build your dream home on your very own 40ac ranch close to the Expressway and Outlet Mall. Or maybe subdivide it into 10ac ranchettes, or maybe into 1ac lots! The possibilities are endless. This property is being used for farming. Currently it is being used to grow grass for hay. You could continue growing grass to bale or as a great jump start for a livestock grazing operation or ranch. You could also put your money to work for you and rent this property out for someone else to farm/use. Great dove...Build your dream home on your very own 40ac ranch close to the Expressway and Outlet Mall. Or maybe subdivide it into 10ac ranchettes, or maybe into 1ac lots! The possibilities are endless. This property is being used for farming. Currently it is being used to grow grass for hay. You could continue growing grass to bale or as a great jump start for a livestock grazing operation or ranch. You could also put your money to work for you and rent this property out for someone else to farm/use. Great dove hunting potential. The mid-valley area is a great place to live, farm, develop a subdivision, or build your portfolio.

Property Details for Tbd Mile 2 1/2 East

Community Features
None
Subdivision Name
Capisallo

Location

Add your commute
LISTING UPDATED: 09/15/2023 10:29 AM

Property Details for Tbd Mile 2 1/2 East

StatusActive
MLS #409099
Days on Market309
Taxes$401 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Acreage
Year Built-
Lot Size40.00 AC
CountyHidalgo County

Location

Add your commute

Building Information for Tbd Mile 2 1/2 East

Lot Size40.00 AC

Payment Calculator

$2,192 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,158

Property Taxes

$33

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Tbd Mile 2 1/2 East

Summary
Location and General Information
  • Directions: From the Expressway. Head north on Mile 2 East. Turn east on Mile 10 N. Turn south on Mile 2.5 E and the property will be on the east side after the new gate and drainage ditch.
  • Road Frontage Type: County Road
  • Road Surface Type: Dirt, Other
  • Topography: Level
School Information
  • Elementary School: Taylor
  • Elementary School District: Mercedes ISD
  • High School: Mercedes H.S.
  • High School District: Mercedes ISD
  • Middle Or Junior School: Mercedes Junior High
  • Middle Or Junior School District: Mercedes ISD
Taxes and HOA
  • Association: No
  • Parcel Number: C140000025000700
  • Tax Annual Amount: $401
  • Tax Legal Description: CAPISALLO 40.0AC OF LOT 7 BLK 25 39.55AC NET
  • Tax Year: 2022
Property
Lot Information
  • Building Area Units: Square Feet
  • Current Use: Unimproved
  • Crops: Grass Pasture, Natural Pasture, Other
  • Living Area Units: Square Feet
  • Lot Features: Other, Flood Irrigation
  • Lot Size Acres: 40.0
  • Lot Size Area: 40.0
  • Lot Size Square Feet: 1742400.0
  • Lot Size Units: Acres
Property and Assessments
  • Agriculture Tax Value: $138,425
  • Escrow: $4,000.00
  • Possible Use: Farm, Grazing, Horses, Hunting, Other, Residential, Subdevelopment, Truck Farm
Utilities
  • Water Comments: none
  • Irrigation Source: Irrigation Water District: HCID#2
  • Irrigation Water Rights: Yes
  • Sewer: None, Other
  • Utilities: None, Other
  • Water Source: Other
  • 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: NA

Property History for Tbd Mile 2 1/2 East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near Tbd Mile 2 1/2 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.

Similar Homes

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Tbd Mile 2 1/2 East is a 40 ac of land for sale in Mercedes, TX 78570. This property was listed for sale on July 5, 2023, it's currently listed at $395,500. 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. Tbd Mile 2 1/2 East is a 0-bed, 0-bath, 40 ac of land on a 1,742,400 sq. ft. / 40 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.

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.