80 AC Mile 1.5, Mercedes, TX 78570 - Hidalgo County

SALE PENDING!! 80 ac. of good, level farmland, just 1 mi. N. of the Mercedes Outlet malls. The land has 1/2 mi. of road frontage on Mile 1.5 E, and access to drainage and city water. This would be a great spot for a rural, residential neighborhood. The irrigated land is level, and currently being farmed. If you are investor looking for land that will mature in value and not cost you much to hold, this is the piece. The ag exemption brings the taxes down to just over $800/year and the farm lease pays $5000/year so you are money ahead. The 80 ac. of land is made up of two 40 ac. tracts stacked on top of each other north and south. The owner will consider selling each tract by itself, 40 acres.

Land Info

Lot Size Acres: 80.0

Lot Size Dimensions: 2640 X 1320

Topography: Bench Leveled, Level

Lot Size Square Feet: 3484800

Exterior and Lot Features

Road Frontage Type: Caliche, Gravel

Homeowners Association

Association: No

Calculated Total Monthly Association Fees: 0

School Information

Elementary School: MERCEDES

High School: MERCEDES

Middle School: MERCEDES

School District: MERCEDES I.S.D.

Other Property Info

Annual Tax Amount: 786.00

Source Listing Status: Active

County: HIDALGO

Tax Year: 2018

Source Property Type: Acreage

Possible Use: Grazing, Poultry, Commercial, Horses, Residential, Dairy, Subdevelopment, Farm, Orchard

Area: Mercedes

Source Neighborhood: Mercedes

Subdivision: CAPISALLO

Property Subtype: Unimproved

Source System Name: C2C

Accessibility Features

Access: County Road

Utilities

Sewer: Septic System

Septic

Electricity Available

Water Available

Water Source: Public