39 Loma Dr, Mercedes, TX 78570
Vacant residential lot offered with seller financing featuring a low down payment and fixed-term monthly structure.
Property Features for 39 Loma Dr
General Information
Taxes and HOA fees
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Investment Insights
Based on property information with market context.
The lot is located at 39 Loma Dr in Mercedes, Texas. The property is being marketed directly for purchase, and the seller’s financing structure is a key consideration for buyers who want to reduce upfront cash.
Seller financing is described as $1,000 down plus $850 in closing costs, with an additional payment structure of $1,850 at 15% interest for 15 years. For buyers, this can simplify planning by providing a defined term and documented payment framework rather than requiring a traditional mortgage contingency. Because the offering is land, prospective buyers typically use this kind of purchase to support a future build or development plan consistent with residential use. Interested parties should review the financing terms with the seller and confirm any property requirements and development considerations directly for their intended use.
Key Highlights
- Seller financing available: $1,000 down plus $850 closing costs
- Financing terms: 15% interest for 15 years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 78570, TX