540 North Texas Avenue
$975,000
23,086 / 0.53
Description
This excellent 0.53 acre corner site is located at the corner of Expressway 83 (I-2), Texas Avenue, and FM 491, one of the busiest intersections in the area. Expressway 83 is major highway that connects travelers from Cameron County to Starr County. Texas Avenue is Mercedes’ main road and the city’s main commercial corridor, and FM 491 carries travelers to and from the Elsa/Edcouch area. The site is located on the North side of the expressway, at the entrance of the Rio Grande Valley livestock show...This excellent 0.53 acre corner site is located at the corner of Expressway 83 (I-2), Texas Avenue, and FM 491, one of the busiest intersections in the area. Expressway 83 is major highway that connects travelers from Cameron County to Starr County. Texas Avenue is Mercedes’ main road and the city’s main commercial corridor, and FM 491 carries travelers to and from the Elsa/Edcouch area. The site is located on the North side of the expressway, at the entrance of the Rio Grande Valley livestock show and sees over 84,000 vehicles per day at the crux of its three roadway intersection. Due to the expanding nature of this area, land here has seen consistent value growth as commercial demand and viability continues to increase. That being said, this site is located in a strategic and ideal location in this upcoming trade area, giving it a unique and strong position in its submarket.
- Listed by Jacob Galvan • TREC #801070234 • Coldwell Banker La Mansion
Property Details for 540 North Texas Avenue
Community Features
Clubhouse
Subdivision NameBuena Vista
LISTING UPDATED: 11/18/2024 10:20 PM
Property Details for 540 North Texas Avenue
Status | Active |
---|---|
MLS # | 439729 |
Days on Market | 148 |
Taxes | $2,310 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Commercial |
Year Built | - |
Lot Size | 0.53 AC |
County | Hidalgo County |
Building Information for 540 North Texas Avenue
Lot Size0.53 AC
Property Information for 540 North Texas Avenue
Property History for 540 North Texas Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 540 North Texas Avenue
Taxable ValueLand$257,420Additions$2,000Total$259,420
Tax Record2022$7,844 ($654 / month)
Home Facts
Beds3Total Finished SqFt1,053 SqFtAbove Grade Finished SqFt1,053 SqFtStories1Lot Size23,087 SqFtStyleSingle Family ResidenceYear Built1969CountyHIDALGOAPNB5150-00-000-0015-00
Schools near 540 North Texas Avenue
This home is within Mercedes Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 8 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Taylor Elementary School PublicPK to 5 | ||
SGT William G Harrell Middle Public6 to 8 | ||
Mercedes High School Public8 to 12 | ||
North Elementary School PublicPK to 5 |
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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