1947 Mile 6thMercedes, TX 78570

Property Details for 1947 Mile 6th

Year built

2003

Construction

FRAME

Lot size

11.27 AC

Property size (Sq ft)

12,276 SF

Property type

Office properties

Property subtype

Office buildings

APN

C1400-00-029-0004-04

APU

C140000029000404

• CAP approach

  CAP return

  Valuation

  6%

  $1,865,852

  6.5%

  $1,722,324

  7%

  $1,599,301

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,160,211

  Geo Method

  $2,789,966

• Alternative Use

  Use

  Valuation

  Residential

  $2,135,682

  Hospitality

  $1,956,274

  Educational

  $1,627,597

  Medical

  $1,683,572

  Retail

  $2,531,817

Location Insight

City

Mercedes

County

Hidalgo

State

Texas

Latitude

26.1407

Longitude

-97.8765

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $313,756
• Assessed land value
  $81,144
• Assessed value
  $394,900
• Tax year
  2022
• Tax bill
  $9,017

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