26.147272 -97.91312

446 S Texas Avenue Mercedes, TX 78570

258036522 26.147272 -97.91312 570 /listing/258036522-150515145/446-s-texas-avenue-mercedes-tx-78570 False 0 375000.0 6000 101 325332 False
  • $375,000
  • 6,000 sqft
  • 40,000 lot
  • Est payment $2013.08/mo

Property & Neighborhood Info

Courtesy Of Commerce Realty, LLC

Commercial in Mercedes

This property is facing foreclosure and MUST SELL! Located on a busy corner, in the heart of downtown Mercedes, on Texas Ave. 3 lots totaling an est. 1 acre. CURRENTLY ZONED COMMERCIALHISTORICAL DISTRICTPRIME LOCATIONINCOME PRODUCINGENDLESS POSSIBILITIESDIRECTLY ACROSS FROM AUTO-ZONENEXT DOOR TO PRONTO INSURANCEADJACENT TO NEWLY REMODELED MULTI-LEVEL APARTMENT COMPLEXGAS LINESPUBLIC WATERCITY SEWERProperty is currently used as a multi-unit development accepting Section 8 Housing. 7 units plus a large home are occupied totaling an est. $4500/mo. in rent. Many of the tenants are long term and on month to month leases. Property vacancies lease out very quick as it's located in the direct down-town area along the route of City Parades. Best suitable use of property would be to remodel and increase rent using larger home as restaurant OR demolish and re-build apartments, strip center or restaurant OR demolish and bring in a corporate company.

Courtesy Of Commerce Realty, LLC
  1. 6,000 Sq. Ft.
  2. 40,000 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1993
  • Floors: 1
  • County: Hidalgo County
  • Taxes: $12,773.00
  • Zoning: C
  • Subdivision: Mercedes Original Townsite
  • MLS Number:325332

Additional Features

  • Energy Features:
    • None
  • Flooring:
    • Laminate
    • Other
  • Water Heater:
    • Electric
    • WH-Other Location
  • Office Sq Ft:
    • 0
  • Roof:
    • Composition Shingle
    • Metal
  • Exterior:
    • Other
    • Stucco
  • Exterior Features:
    • Mature Trees
  • Acres:
    • 0.91827
  • Lot Features:
    • Sidewalks
  • Site Description:
    • Handicap Access
    • Inside Storage
    • Outside Storage
    • Restrooms-Private
  • Carport Spaces:
    • 0.00
  • Parking:
    • Blacktop
    • Off Street Parking
    • Paved
  • HVAC:
    • Central
    • Electric
    • Window
  • Access:
    • City Street
    • Paved Road
  • Amenities:
    • None
  • Present Use:
    • Office,Other
  • Listing URL:
    • https://www.gmar.org/default.asp?mls_number=325332&content=expanded&this_format=0
  • Lot Sq Ft:
    • 40000
  • Parcel Number:
    • M3550-00-023-0007-00
  • Retail Square Feet:
    • 2778
  • SQFT Warehouse:
    • 0
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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PO Box 941549 Houston TX 77094
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26.147272 -97.91312

446 S Texas Avenue Mercedes, TX 78570

258036522 26.147272 -97.91312 570 /listing/258036522-150515145/446-s-texas-avenue-mercedes-tx-78570 False 0 375000.0 6000 101 325332 False
  • $375,000
  • 6,000 sqft
  • 40,000 lot
  • Est payment $2013.08/mo