401 TexasMercedes, TX 78570

Property Details for 401 Texas

Year built

1970

Lot size

1.29 AC

Property size (Sq ft)

17,895 SF

Zone code

C-3

Property type

Other commercial real estate

Property subtype

Showrooms

APN

M3550-00-022-0001-00

APU

M355000022000100

• CAP approach

  CAP return

  Valuation

  6%

  $3,997,571

  6.5%

  $3,690,066

  7%

  $3,426,490

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,261,341

  Geo Method

  $10,248,832

• Alternative Use

  Use

  Valuation

  Residential

  $3,112,708

  Hospitality

  $2,851,224

  Educational

  $2,372,185

  Medical

  $2,453,768

  Retail

  $3,690,066

Location Insight

City

Mercedes

County

Hidalgo

State

Texas

Latitude

26.1475

Longitude

-97.9139

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $610,750
• Assessed land value
  $308,000
• Assessed value
  $918,750
• Tax year
  2022
• Tax bill
  $27,779

FAQs

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