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    12 1/2 Rd Mercedes, TX 78570

    For Sale
    $547,085

    Hidalgo County farmland, excellent drainage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 38.3-acre property, located at TBD Mile 12 1/2 North Road, Mercedes, Texas 78570, presents a compelling investment opportunity in Hidalgo County. Currently utilized for row crop farming, this land boasts a significant advantage: a large drainage ditch situated along its northern boundary. This feature ensures efficient water management, mitigating potential flooding risks and optimizing agricultural productivity. The property's expansive size offers considerable flexibility for various agricultural uses or potential future development. Its location in the productive agricultural region of Hidalgo County, Texas, provides access to established infrastructure and markets. The asking price for this remarkable parcel is $547,085. Given its size, prime location, and advantageous drainage system, this property represents a strong value proposition for discerning investors seeking a foothold in the thriving Texas farmland market. Detailed surveys and soil reports are available upon request. The property is conveniently located in the city of Mercedes, within Hidalgo County, and offers easy access to local amenities and transportation networks. This is a rare opportunity to acquire a substantial tract of fertile farmland with excellent drainage in a highly desirable agricultural area.

    Property Features for 12 1/2 Rd

    General Information

    Property type
    Land
    Lot Size
    1,668,348 SF

    HighLights

    • 38.3‑acre farm in Mercedes, TX (Hidalgo County).
    • Currently used for row crop farming with excellent drainage.
    • $547,085 asking price.
    • Located in a prime agricultural area with easy access to infrastructure and markets.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.928899
    Latitude
    26.2362488

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    FAQs

    What type of property is this?
    Land - Hidalgo County farmland, excellent drainage.
    Where is this land located?
    The property is located at 12 1/2 Rd Mercedes, TX.
    What is the asking price?
    The asking price for this property is $547,085.
    What are key features of this property?
    This property features: 38.3-acre farm in Mercedes, TX (Hidalgo County).; Currently used for row crop farming with excellent drainage.; $547,085 asking price.
    (956) 464-7355
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    12 1/2 Rd Mercedes, TX 78570
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12 1/2 Rd Mercedes, TX 78570
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