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$251,000

NAL Estimated Property Value

2nd E St, MERCEDES, TX, 78570

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths952 Sq Ft
Year BuiltBuilt in 2000

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size5.01 acres

Building Information

Year Built2000
Stories1
Roof Type112

Land Information

APNC1400-00-066-0007-05
Lot Number7
SubdivisionCapisallo District - Smc
Land UseResidential
Legal DescriptionCAPISALLO E300'-W572'-N658' & E139'-W700'-S262'-N658' LOT 7 BLK 66 VOGUE MOTEL & RV PARK 5.01AC
Census Tract023000
Assessed Land Value$135,270
Assessed Improvement Value$27,751
Assessment Year2025

About this property

LOCATION, LOCATION, LOCATION!!! Attention investors seeking to develop an RV Park or capitalize on 5.01 acres strategically located near the heart of Mercedes, Texas. This property offers immense potential, situated just minutes away from key attractions including the RGV Premium Outlets, Rio Grande Valley Livestock Show, Tiger Stadium, local schools, and convenient access to Business 83. Included on the property is a storage shed, adding further utility. Additionally, this tract holds promise for multi-family, single-family development, and/or an RV Park. Please note, the property boundaries outlined in the photos are for illustrative purposes only and may not depict exact measurements. Rarely does an opportunity like this come to market in Mercedes at such an attractive price point. Don't miss out—schedule your showing today to explore the possibilities!

Investor Tools

Property Icon
$251,000
Estimated Property Value
$0Estimated Mortgage Balance
$251,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,504
$163,021
2025
$135,270
$27,751
$163,021
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,504
$163,021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$251,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$877/mo
N/A
+$877/mo
4.2%

City: MERCEDES

2nd E St | Property Details | No Agent List