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$2,200,000
514604 MLS
This prime 136-acre development site is located in South Mercedes off South Capisallo Road, in the fast-growing Mid-Valley region of the Rio Grande Valley. With strong population growth and expanding job opportunities, the area continues to attract investors and developers seeking long-term potential. Strategically positioned between Hidalgo and Cameron Counties, the property offers excellent regional access and connectivity. The tract features a functional layout with utilities available at the boundary, helping simplify the development process. Surrounded by canals and offering multiple drainage access points, this site provides added flexibility for planning and infrastructure. With its ideal location, development-ready status, and strong growth market, this property presents an outstanding opportunity for investors and developers.

TBD S Capisallo Road, Mercedes
$144,900
513139 MLS
Prime 2.21 acre tract with excellent frontage on Mile 10 ½ N, offering the perfect opportunity to build your dream home, ranchette, or invest in growing Mercedes acreage with strong long-term upside. Owner financing available with 7%–10% down, 12% fixed interest, amortized over 20 years — flexible terms designed to make land ownership simple and accessible.

4 Mile 10 1/2 North W Road, Mercedes
$175,000
513137 MLS
Prime 3.28-acre tract with excellent frontage on Mile 10 ½ N, offering the perfect opportunity to build your dream home, ranchette, or invest in growing Mercedes acreage with strong long-term upside. Owner financing available with 7%–10% down, 12% fixed interest, amortized over 20 years — flexible terms designed to make land ownership simple and accessible.

3 Mile 10 1/2 North W Road, Mercedes
$299,000
3 Beds ⋅ 2 Baths ⋅ 511533 MLS
Beautifully updated 3-bedroom, 2-bath home situated on a spacious 1-acre lot. Built with durable double-brick construction and topped with a classic clay tile roof, this property offers lasting quality. Inside a thoughtfully updated interior featuring refinished wood flooring, all-new cabinetry, brand-new appliances, and a new 4-ton air conditioning system for year-round comfort. The home combines modern upgrades with solid construction, making it move-in ready. Outside, the expansive acre provides plenty of room for outdoor living, gardening, or future additions. A newly installed well supplies the sprinkler system, helping maintain the landscape efficiently. The oversized 2-car garage includes a dedicated work area, perfect for hobbies, storage, or a home workshop. Schedule your viewing today!

5480 Fm 491, Mercedes
$117,000
3 Beds ⋅ 1 Baths ⋅ 510290 MLS
Great opportunity to own a wood-frame home situated on a spacious 0.50-acre lot in a peaceful country setting. This fixer-upper offers endless potential for investors, flippers, or buyers looking to customize a home to their own style. Bring your vision and make this property your own!

1550 Military Road, Mercedes
$500,000
510286 MLS
Prime 1 Acer Commercial opportinuty in Mercedes, TX! Ideally located behind the Rio Grand Valley Premium Outlets with excellent access and outstanding commercial development potential. Exisiting vacant residential structure will be removed prior to closing. Property is behind sold for land value and is ideal for retail, office, restaurant, medical or other commercial development. Conveniently located near Expressway 83 in a rapidly growing area.

4801 Mile 8 N Road, Mercedes
$125,000
510052 MLS
Peaceful country living on 1.78 acres in Mercedes, TX. This spacious tract offers plenty of room to build your dream home, add a shop, or create your own private retreat while still being a short drive from town conveniences. Owner Finance Available.

00 W Mile 10 N Street, Mercedes
$165,000
510053 MLS
Peaceful country living on 3 acres in Mercedes, TX. This spacious tract offers plenty of room to build your dream home, add a shop, or create your own private retreat while still being a short drive from town conveniences. Owner Finance Available.

00 Mile 10 N, Mercedes
$185,000
506880 MLS
These 10 acres offers plenty of open land to build private homesites, establish a farm, create an outdoor recreation area, or develop an income through agriculture. There are plenty of options for the amount of land and for the price.

3370 Mile 1 1/2 E, Mercedes
$225,000
506924 MLS
Excellent opportunity in growing Mercedes. 11.03 acres with development potential, located at the corner of S Mile 1 E and Mile 6 Rd. N in Mercedes. Close proximity to the Rio Grande Valley Premium Outlets and a great site in a rapidly growing area! Wet farm, approx. 480,466 SF. Subject to City and all governmental authorities' approval, and verification of development, use, and zoning is the buyer's responsibility.

- S Mile 1 E Road, Mercedes
$185,000
505885 MLS
Endless Possibilities Await! Check out this beautiful 10-acre property—leveled, partially fenced, and ready for your vision! Whether you're dreaming of building your forever home, starting a ranch, creating a peaceful getaway, or placing a mobile home, this land offers the freedom and space to make it happen. Located in a quiet, serene area with wide-open skies and room to grow. Your dream starts here!

TBD 2 1/2 E Street, Mercedes
$599,000
2 Beds ⋅ 1 Baths ⋅ 503016 MLS
Investment Opportunity:Two Tracts, Nearly 5 Acres, One Residential Home, One Price. This includes a 796 sf home with 2 bedrooms on 2.45 acres, plus additional 2.45 ag use giving buyers appox. 4.9 acres total. Property is perfect for anyone who wants to live in the country but close enough to drive into town.

8105 Mile 2 1/2 E Road, Mercedes
$350,000
3 Beds ⋅ 2 Baths ⋅ 500713 MLS
FOR SALE: Unique Live/Work Mixed-Use Property 3 Bed | 1.5 Bath | Shop + Yard | Loading Dock Access Unlock the potential of this rare mixed-use residential + commercial property, ideal for owner-operators, mechanics, or trucking businesses seeking a true live/work setup. This property combines comfortable living space with functional industrial features—perfect for running your business right from home. Mixed-use properties like this allow both residential and commercial use on a single parcel, offering flexibility and income potential.

12520 E Mile 2 1/2 E Road, Mercedes
$90,000
494190 MLS
Amazing 0.50-acre residential lot located within Mercedes city limits. Irregular lot with city street access, ideal for a custom home or future development. Convenient location near major roads, schools, and shopping. Great opportunity to own land in a growing area of Mercedes.

2503 N Fm 491 Road, Mercedes
$3,770,770
493157 MLS
Located at the northwest corner of E Expressway 83 and Mile 2½ East in Mercedes, Texas, this ±5.96-acre commercial site offers exceptional visibility, frontage, and access along one of the Rio Grande Valley’s primary traffic corridors. Zoned B-Business, the property allows a broad range of commercial uses and is well-suited for build-to-suit, single-tenant, or multi-tenant retail development. Utilities are in place, with water available from North Alamo Water and the City of Mercedes, a 12-inch water line extending to the adjacent Southern Tires property, and sewer service via an existing lift station at the northwest corner. The site is surrounded by established commercial and residential development, providing a strong foundation for long-term commercial investment.

E Expressway 83 Highway, Mercedes
$995,000
491327 MLS
Located in the heart of the Valley and ahead of the growth. You will surely be seen. This property is located right at the end of an exit ramp with over 1,000 feet of frontage to IH-2. Capitalize on the High Traffic, High Visibility, and Ease of Access to the property. This property has great development potential. Owner Financing is available!

1730 E Interstate 2, Mercedes
$290,000
488673 MLS
This property has been owned by the same family for many years, and now it's time to sell. We have a new survey with metes and bounds for your information. This tract has 478.5 feet of frontage and it is 1320 feet deep. There are no restrictions and it has been in continuous agricultural use; taxes reflect ag exemption. An additional 14.5 acre tract on the south side is also available. Ideal for many uses. Use GPS to find 5490 FM 491. This is the address for a small house and this land is south of it & has a tractor shed on it that has been given no value, but could be of use. Look for sign advertising 14.5 acres. Priced at $290,000.

000 Fm 491, Mercedes
$290,000
488668 MLS
14.5 acre tract on FM 491 South of Business 83. This property has been owned by the same family for many years and now it's time to sell. We have a new survey with metes and bounds for your information. This tract has 292.50 feet of frontage on FM 491, and it goes back 1320 feet on the south side. It wraps around a small house in the northwest corner, and has 1121 feet on the north side. In the back it is 511 feet wide. There are no restrictions and it has been in continuous agricultural use. Taxes reflect ag exemption. Additional 14.5 acre tract contiguous to this one can be purchased, as well. Use GPS to find 5490 FM 491. This is the address for a small house and the land is just south of it. Look for sign advertising 14.5 acres. The price is $290,000.

0000 Fm 491, Mercedes
$149,000
3 Beds ⋅ 1 Baths ⋅ 488062 MLS
Welcome to 4940 Mile 10 in the Queen City of Marcedes, TX. This home is 1287 sq ft. and perfect for quiet country living. Benefit from avoiding city tax rates. The back yard is very spacious and has plenty of mature trees. This home is waiting for you to bring it back to its former glory. The one car garage was converted to a large bedroom just off the kitchen. It features an open concept kitchen, living and dining room with a sliding door that connects the great outdoors to the home making it a perfect entertaining for many years to come. Located just minutes from the Premium Outlets.* Does not qualify for fha or Va loans. No seller financing available

4940 Mile 10 N, Mercedes
$70,000
483087 MLS
1 1/2 acre for private dream home.

Mile 4 N, Mercedes
$299,000
477305 MLS
Spacious 9.7-acre tract in a great location off FM 491 and Mile 4 North, just minutes from Expressway 83 and the city of Mercedes. Potential commercial use or build your dream home with plenty of space to enjoy.

00 Fm 491, Mercedes
$220,000
477997 MLS
Endless possibilities on this 6-acre residential lot! Whether you’re looking to build your dream home, start a small farm, or invest in land, this property offers the flexibility to do it all. The lot includes a water well, electric meter, and access to an irrigation pump located at the back of the property on the levee side. Enjoy the peaceful setting with plenty of space for animals, crops, or future development. Don’t miss out on this unique opportunity!

TBD County Road, Mercedes
$899,000
467981 MLS
This exceptional property right off the expressway offers high visibility, accessibility, and traffic flow. Great location for your future commercial projects such as Sub-development, shopping centers, storage units, industrial facilities, etc. These 16+ acres offers endless possibilities for future development. Flexible financing options, lets turn your vision into reality!

0000 Baseline Road, Mercedes
$995,000
456043 MLS
8 acres plus know as 83 self storage about 1/2 of the property is vacant unimproved open for more storage buildings or whatever you may want to build. On the property is 118 Storage units. Nice location on Buss 83 & close to the Expressway 83. Just outside the city limits to the east.

2679 E Business 83, Mercedes
$600,000
413109 MLS
Excellent land in Mercedes, TX that currently has corn, grain, and cotton. Land is irrigated and is suitable for subdevelopment.

N Mile 1 1/2 E, Mercedes
$1,100,000
395428 MLS
This standout 1.95-acre property at 330 N. Mile 1 RD, Mercedes, TX is an unparalleled commercial opportunity that's too good to overlook. Boasting 240 feet of expressway frontage directly on Interstate 2, this high-visibility location is zoned C-3 for General Commercial use, making it a versatile and attractive prospect for businesses and investors alike. This property's strategic positioning is not it's only selling point. Situated along a vibrant corridor, it is in close proximity to the RGV Premium Outlets, a major retail destination that pulls in over 7 million annual visitors. Moreover, the recent addition of Starbucks on the opposing corner further boosts this area's commercial potential, promising a steady stream of foot traffic that any business would covet. This hard corner real estate is prime for the taking. Whether you envision it as a thriving retail store, a trendy restaurant, or an entertainment venue, the sky is truly the limit with this opportunity.

330 Mile 1 E Road, Mercedes