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Image 1 - 7222 Mile 2 E, Mercedes, Texas, 78570 - House for sale
Image 2 - 7222 Mile 2 E, Mercedes, Texas, 78570 - House for sale
Image 3 - 7222 Mile 2 E, Mercedes, Texas, 78570 - House for sale
Image 4 - 7222 Mile 2 E, Mercedes, Texas, 78570 - House for sale
Image 5 - 7222 Mile 2 E, Mercedes, Texas, 78570 - House for sale
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Image 8 - 7222 Mile 2 E, Mercedes, Texas, 78570 - House for sale
Image 9 - 7222 Mile 2 E, Mercedes, Texas, 78570 - House for sale
Home For Sale In Mercedes, Texas
7222 Mile 2 E, Mercedes, Texas, 78570

Home For Sale In Mercedes, Texas

house for sale
Listed: 04/11/24

7222 Mile 2 E, Mercedes, Texas, 78570

Studio Bed:
5,280 Sq Ft Living Area:
Save
Price
$ 775,000

About This House

Welcome to an exceptional investment opportunity in Mercedes, TX! Nestled on 9.23 acres directly along Mile 2 Rd, and less than a mile away from Expressway 83, this property offers a prime location for those looking to expand their real estate portfolio. The package includes 4 independent buildings, 3 of which are fully renovated and currently leased. The abundance of vacant land provides a unique opportunity to build additional rental properties. Imagine the possibilities as you design and develop new residences, tailored to meet the growing demands of the local market. The adjacent 30 acres only amplifies the potential, offering even more room for expansion or diverse development projects. Combine both parcels to embark on a large-scale venture that could redefine real estate in Mercedes, Texas. Seize the opportunity to not only invest in existing rental properties but to shape the future of this location.

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Mercedes Housing & Living

Household Income

Median household income: $32,424
Number of households: 4,848
The average household income in Mercedes, TX grew from $29,706 to $32,424 in the past year. This data is an estimate based upon 4,848 households in Mercedes, TX.
The chart below presents how household income is distributed in Mercedes, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Mercedes, TX compared to median property taxes around the country. The prevalent amount of property taxes in Mercedes, TX equals <$800 , which is less than the national average.