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$97,500

NAL Estimated Property Value

980 S RIO RICO RD., MERCEDES, TX, 78570

Off MarketInfo
Baths0 Bath

About this property

This property offers a prime location for anyone looking to establish a business in the heart of Mercedes, TX. Situated on a corner lot, it offers high visibility and accessibility to potential customers. The lot's proximity to Mercedes High School is also a great advantage, as it could attract traffic from the school's students, faculty, and staff. The area is ideal for a small convenience store, fast food restaurant, or any other service-oriented business that could cater to the needs of the local community. Whether you're an entrepreneur looking for a new business opportunity or an investor seeking a promising commercial property, this corner lot is definitely worth considering.

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$585 /month
Positive
Cash Flow Estimate:
$195 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: MERCEDES

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980 S RIO RICO RD. | Property Details | No Agent List