About This Home

This 2-bedroom, 2-bathroom condo at 1201 Rio Rico Road #201 in Mercedes, TX is listed for $79,900 ($71 per sqft). Built in 1978, the home offers 1,125 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1978
  • 0.09 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 full
2 spaces
#201
1978

Amenities

A/C
Listing Description

Affordable 2-Bedroom, 2-Bath Condo in Mercedes, TX! Welcome to 1201 Rio Rico Rd, Unit 201, a second-floor condo offering approximately 1,125 sq. ft. of comfortable living space. This 2-bedroom, 2-bath home features laminate flooring in the living room and bedrooms, providing a clean and practical finish throughout the main living areas.

The spacious layout offers a great opportunity for a first-time homebuyer, someone looking to downsize, or an investor seeking an affordable property in the Rio Grande Valley. Conveniently located in Mercedes with easy access to shopping, dining, schools, major roadways, and surrounding RGV communities. Priced to sell! This condo offers an excellent opportunity to own real estate at an attractive price point. Schedule your showing today

Monthly Cost Estimate

$552/mo

20% down · 6.5% · 30 years

Principal$58
Interest$346
Insurance$23
HOA$125

Estimates only. Actual payments may vary.

Location

1201 Rio Rico Road #201

Mercedes, TX 78570

Rio Rico Condos #1

Features & Amenities

Exterior Features

BalconyMature Trees

Property Details

Construction

Brick Wood Siding

Heating

Electric (Heating)Central

Cooling

ElectricCentral Air

Appliances

Electric Water HeaterElectric CooktopRefrigerator

Questions & Answers

This 2-bedroom, 2-bathroom condo at 1201 Rio Rico Road is listed at $79,900 ($71/sqft). The estimated monthly payment is $552 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $125/month.

Key features include: Built in 1978, 0.09 acre lot, 2 stories, 2 parking spaces. Exterior Features: Balcony, Mature Trees.

This property is listed by Juan C. Carpio.

JC

Juan C. Carpio

Agent at RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV

Listed by RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV · Broker phone: (956) 566-8377 · View on Broker Site

MLS# 513570· Source: Greater McAllen Association of Realtors· 5 days on PropertySimple

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1201 Rio Rico Road #201, Mercedes, TX 78570

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