Tbd South Capisallo Road

Mercedes, TX 78570

$2,200,000
Price
5,924,160 / 136
Lot Size / Acres

Description

This excellent and unique development site is situated in South Mercedes off of South Capisallo Road. Mercedes is a growing city in the Mid-Valley region of the Rio Grande Valley, a bustling multi-cultural area that has piqued the national interest of investors and institutional users. The growing population and work opportunities have made the Rio Grande Valley an excellent choice to invest and develop, and this site sits in a desirable area due to its strategic position between Hidalgo and Cameron...This excellent and unique development site is situated in South Mercedes off of South Capisallo Road. Mercedes is a growing city in the Mid-Valley region of the Rio Grande Valley, a bustling multi-cultural area that has piqued the national interest of investors and institutional users. The growing population and work opportunities have made the Rio Grande Valley an excellent choice to invest and develop, and this site sits in a desirable area due to its strategic position between Hidalgo and Cameron County. The site is approximately 136 acres of development-ready land with an excellent shape, and all utilities are located at the boundary of the property. Additionally, the site is surrounded by canals, adding another layer of ease to the development of this site. With an excellent shape and dimensions, all available utilities, and multiple drainage points, this site is an easy choice for investors and developers alike.
  1. Listed by Jacob Galvan • TREC #801070234 • Coldwell Banker La Mansion

Property Details for Tbd South Capisallo Road

Community Features
Other
Subdivision Name
Capisallo
LISTING UPDATED: 08/20/2024 03:34 PM

Property Details for Tbd South Capisallo Road

StatusActive
MLS #447669
Days on Market97
Taxes$454 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Acreage
Year Built-
Lot Size136.00 AC
CountyHidalgo County

Building Information for Tbd South Capisallo Road

Lot Size136.00 AC

Property Information for Tbd South Capisallo Road

Summary
Location and General Information
  • Directions: South on Texas Avenue until it dead ends, East on 15th Street, South on Ohio to the Site.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Topography: Other
School Information
  • Elementary School: Travis
  • 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: C140000078000905 & C140000078001000 & C14
  • Tax Annual Amount: $454
  • Tax Legal Description: CAPISALLO W0.85AC LOT 12 BLK 67 BEING AN IRR TR CAPISALLO 35.20 AC EXC 1.00 AC LOT 9 BLK 78 34.20 AC CAPISALLO 28.20 AC LOT 10 BLK 78 CAPISALLO 68.05 AC LOT 13 BLK 78-A
  • Tax Year: 2023
Property
Lot Information
  • Building Area Units: Square Feet
  • Current Use: Native Brush, Other, Single Family, Unimproved
  • Crops: Other
  • Living Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 136.0
  • Lot Size Area: 136.0
  • Lot Size Square Feet: 5924160.0
  • Lot Size Units: Acres
Property and Assessments
  • Agriculture Tax Value: $415
  • Escrow: $25,000.00
  • Possible Use: Farm, Subdevelopment
Utilities
  • Water Comments: Available
  • Irrigation Source: Irrigation Water District: Other
  • Irrigation Water Rights: Yes
  • Utilities: Electricity Connected, Water Available, Sewer Available
  • Water Source: City
  • Electric On Property: Yes
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Fencing: None
Rental
Rental Information
  • Leased Rent Share: 0

Property History for Tbd South Capisallo Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near Tbd South Capisallo Road

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 - 9 to 12
Rating
School
Distance
Travis Elementary School
PublicPK to 5

SGT Manuel Chacon Middle
Public6 to 8

Mercedes High School
Public8 to 12

Mercedes Early College 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 South Capisallo Road is a 136 ac of land for sale in Mercedes, TX 78570. This property was listed for sale on August 20, 2024 by Coldwell Banker La Mansion, it's currently listed at $2,200,000. This listing's school district is Mercedes Independent School District. Nearby schools include Travis Elementary School, SGT Manuel Chacon Middle and Mercedes High School. Tbd South Capisallo Road is a 0-bed, 0-bath, 136 ac of land on a 5,924,160 sq. ft. / 136 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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker La Mansion

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.