2 1/2 St Mercedes, TX 78570
This exceptional 10-acre property located in Mercedes, Texas, presents a unique opportunity for diverse development. Situated at TBD 2 1/2 Street E, Hidalgo County, zip code 78570 (latitude 26.1500337, longitude -97.91007), this land offers the perfect blend of residential and agricultural potential. Currently zoned for both farm and residential use, the possibilities are vast. Imagine building your dream home amidst the tranquility of the Texas countryside, or establishing a thriving farm operation. The property has already undergone some preparation, with partial fencing completed and the land having been disced, saving you time and effort in initial site development. The asking price is $200,000. This 10-acre parcel provides ample space for a variety of projects, from a private estate to a small-scale farming venture, or even a combination of both. Don't miss this chance to acquire a versatile and well-situated property in the desirable Mercedes area. Contact us today to learn more and schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.