About this property

LOT FOR SALE—EXISTING STRUCTURE HAS NO VALUE. Seller Financing Available - Opportunity to purchase a 7,200-square-foot residential lot at 10922 Compadres St. in Mercedes. The property contains a former duplex structure that is severely deteriorated, is not habitable, and will need to be demolished by the buyer before future construction. The existing building is being assigned no value. Utilities are reported to be available, providing a potential head start for a new homesite or investment project; buyer to independently verify utility availability, condition, capacity, zoning, permitted use, and construction requirements. Convenient Mid-Valley location with access to Mercedes, Weslaco, Interstate 2, schools, shopping, dining, and the Rio Grande Valley Premium Outlets. The adjoining property at 10918 Compadres St. is also available separately for $45,000, offering buyers the opportunity to purchase both neighboring lots. Do not enter the existing structure.