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Home - Racetrack

Avenida Primero de Mayo 117, Ciudad Madero, Tamaulipas, México

$117,336≈ MX$2,200,000

For Sale
  • 3Bedrooms
  • 2Bathrooms
  • 1,744 sq ftLot area
  • 1Parking spaces

About this home

Two-story house for sale, featuring a garage door and a fenced property. Live in a comfortable, beautifully designed home. Ground Floor: • Living room and dining area • Kitchen with an island and electric grill • Half bath • Indoor laundry area • Fenced backyard measuring 6.50 x 7 meters deep • Garage with a gate measuring 5.50 x 7 Upper Level: • 3 bedrooms • 2 full bathrooms • Linen closet. Lot: 162.59 m² Frontage: 6.50 meters   Depth: 25 meters Living area: 115 m² Price: $2,200,000 Mortgages accepted Take advantage of this opportunity to buy your own home. (833) 265 0610 and (833) 334 4313 Stop by for advice and assistance at SHO7795910 ** NOTES ** * For mortgage transactions, the total price will be determined based on variable mortgage and notary fees, which should be verified. * For cash transactions, the price may vary depending on the model, location, and features, and does not include notary fees or taxes. For more information, visit the following link * Final property prices are subject to change, depending on the time elapsed between the purchase, the deed transfer, and/or the property’s delivery. * Some of the images shown are for illustrative purposes only and are intended solely to demonstrate certain aspects of the living environment within the development. * Furniture is not included; these images are merely a visual representation of how you might decorate your property. * Project timelines may vary, depending on the scope of the project, the planned phases, as well as the type of housing and amenities for which it was designed.

Buying in Mexico as a foreigner

Yes, foreigners can buy property in Mexico.

Outside the restricted zone they may acquire directly, subject to applicable procedures. For residential purposes within the restricted zone, an authorized bank trust is commonly used.

Near coasts and borders
The Mexican Constitution establishes a restricted zone extending 100 km along borders and 50 km along coastlines.
Residency
Property investment of ~$220,000 USD (amount varies by exchange rate) can qualify you for Temporary Residency.
Taxes and closing costs
They depend on the state, the municipality and the property itself, so there is no single national figure. Ask the agent or our Concierge for an estimate on this home.
Financing
Financing for foreign buyers exists, but depends on the lender, residency, income, credit profile, down payment, location and property type.

How buying works

  1. Legal due diligence

    Verify ownership, deed, liens, land use, property tax, water accounts, condominium regime and applicable permits.

  2. Offer and contract

    Define price, currency, deposits, conditions, timelines and default consequences.

  3. Permit or trust

    Determine whether direct acquisition, a Foreign Affairs permit or a restricted-zone trust applies.

  4. Notarial closing

    The notary formalizes the transaction, calculates or withholds applicable charges and handles registry filing.

This information is general and educational. Legal, tax, immigration and purchase requirements may change and should be verified with a notary, attorney or authorized adviser in the state where the property is located. Research last reviewed July 2026.

Nearby Essentials

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$117,336

Concierge