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Phillip Veale

[email protected] +1956678626

Listed by NAI Rio Grande Valley

$ 2,502,500

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Active

0 Mile 1 RD E Mercedes, TX 78570

50.05 Acres Lot

UPDATED:

02/18/2025 03:48 PM

Key Details

Property Type Vacant Land

Sub Type Acreage

Listing Status Active

Purchase Type For Sale

Subdivision Capisallo

MLS Listing ID 398958

HOA Y/N No

Originating Board Greater McAllen

Annual Tax Amount $31,191

Tax Year 2023

Lot Size 50.050 Acres

Acres 50.05

Property Sub-Type Acreage

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.

Location

State TX

County Hidalgo

Exterior

Fence None

Community Features None

Utilities Available Water Connected, Sewer Connected, Sewer Available

View Y/N No

Building

Lot Description Irregular Lot

Faces From Frontage Rd. & Mile 1 East, turn north on Mile 1 E. Property will be on the left hand side. (West side of Mile 1 E.)

Water Public, City

New Construction No

Schools

Elementary Schools Travis

Middle Schools Mercedes Junior High

High Schools Mercedes H.S.

Others

Tax ID C140000041000400

Phillip Veale

+1956678626

Phillip Veale

0 Mile 1 RD E Mercedes, TX 78570

Key Details

Location

Exterior

Building

Schools

Others

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0 Mile 1 RD E