General Description
minimizeWelcome home to this charming single-story design on OVER 1.25ac premium corner lot in the exclusive Chapman community; minutes from Downtown Mercedes, TX. Stately circular drive & enormous covered front porch welcomes you inside to the grand foyer & both formals. Spacious family room is the heart of the home, boasting soaring vaulted ceilings, wet bar, & stone corner fireplace. Chef's island kitchen w/breakfast bar & adjacent breakfast room for ample seating & room to entertain. 3/4 bedrooms feature private en-suite baths, including Primary Suite w/dual sinks, garden tub + separate shower & huge walk-in closet. TX-sized covered patio w/ceiling fans overlooks fenced backyard w/gazebo & tons of room to expand. Also features central vacuum system, 3 wells watering the property, 2-car garage + 2-car carport for ample parking, & more. Enjoy the benefits of country living near city amenities, w/no MUD tax or HOA dues, & short drive to endless shopping, dining, & entertainment.
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
---|---|---|---|---|---|
2023 | $82.67 | $317,536 | 17.00% | $298,538 | 10.00% |
2022 | $70.66 | $271,398 | -14.58% | $271,398 | 5.91% |
2021 | $82.72 | $317,728 | 36.38% | $256,263 | 10.00% |
2020 | $60.65 | $232,966 | 2.50% | $232,966 | 2.50% |
2019 | $59.17 | $227,284 | -16.87% | $227,284 | -16.87% |
2018 | $71.18 | $273,412 | 0.00% | $273,412 | 6.83% |
2017 | $71.18 | $273,412 | 17.51% | $255,928 | 10.00% |
2016 | $60.57 | $232,662 | $232,662 |
2023 Hidalgo County Appraisal District Tax Value
Market Land Value: | $164,744 |
Market Improvement Value: | $152,792 |
Total Market Value: | $317,536 |
2023 Tax Rates
CITY OF MERCEDES: | 0.7750 % |
DRAINAGE DISTRICT #1: | 0.1139 % |
HIDALGO COUNTY: | 0.5750 % |
SOUTH TEXAS COLLEGE: | 0.1562 % |
MERCEDES ISD: | 1.0960 % |
SOUTH TEXAS SCHOOL: | 0.0492 % |
Total Tax Rate: | 2.7653 % |
Estimated Mortgage/Tax
minimizeEstimated Monthly Principal & Interest (Based on the calculation below) | $ 1,509 |
Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 688 |
Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good |
Average |
Average |
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Property Map
minimize302 Rio Rico Rd Mercedes TX 78570 was recently sold. It is a 1.38 Acre(s) Lot, 3,841 SQFT, 4 Beds, 4 Full Bath(s) & 1 Half Bath(s) in Chapman.
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