Mercedes, TX 78570

  • Bars
  • 2,456 SF
Off market
$2,304,370 Estimated

Property Details

Year built
1970
Lot size
0.23 AC
Property size (Sq ft)
2,456 SF
Property type
Bars
Property subtype
Pubs
APN
M3550-00-035-0000-25
APU
M355000035000025

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $548,646
    6.5%
    $506,442
    7%
    $470,268
  • Comparable approach

    Method
    Valuation
    Relative Method
    $584,847
    Geo Method
    $1,406,601
  • Alternative Use

    Use
    Valuation
    Residential
    $427,203
    Hospitality
    $391,316
    Educational
    $325,570
    Medical
    $336,767
    Retail
    $506,442
Mercedes, Texas

Location Insight

City
Mercedes
County
Hidalgo
State
Texas
Latitude
26.1525
Longitude
-97.9109
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,823
$44,083
$49,292
$93,375
-
$44,083
$49,292
$93,375

FAQs

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