About 540 N Texas Avenue
This excellent 0.53 acre corner site is located at the corner of Expressway 83 (I-2), Texas Avenue, and FM 491, one of the busiest intersections in the area. Expressway 83 is major highway that connects travelers from Cameron County to Starr County. Texas Avenue is Mercedes’ main road and the city’s main commercial corridor, and FM 491 carries travelers to and from the Elsa/Edcouch area. The site is located on the North side of the expressway, at the entrance of the Rio Grande Valley livestock show and sees over 84,000 vehicles per day at the crux of its three roadway intersection. Due to the expanding nature of this area, land here has seen consistent value growth as commercial demand and viability continues to increase. That being said, this site is located in a strategic and ideal location in this upcoming trade area, giving it a unique and strong position in its submarket.
Features of 540 N Texas Avenue
| MLS® # | 470907 |
|---|---|
| Price | $975,000 |
| Square Footage | 23,087 |
| Acres | 0.53 |
| Type | Land |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 540 N Texas Avenue |
|---|---|
| Subdivision | Buena Vista |
| City | Mercedes |
| County | Hidalgo |
| State | TX |
| Zip Code | 78570 |
Amenities
| Utilities | Electricity Connected, Water Connected, Sewer Connected, Phone Connected |
|---|---|
| Is Waterfront | No |
| Water Supplier | Public, City |
| Sewer | City Sewer |
| Community Amenities | Clubhouse |
Exterior
| Lot Description | Other, Corner Lot, Irregular Lot |
|---|
School Information
| District | Mercedes ISD |
|---|---|
| Elementary | Travis |
| Middle | Mercedes Junior High |
| High | Mercedes H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Present Use | Commercial |
| Annual Tax | $2,310 |
| Suitable Use | Commercial |
| Crops | None |
| Land Access | Paved |
| HOA Association | No |
Listing Details
| Agent | Jacob Galvan |
|---|---|
| Office | URSA Real Estate |
| Contact Info | 956-363-1179 |