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136 N Texas AVE Mercedes, TX 78570
2,240 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,240 sqft
Subdivision Mercedes Original Townsite
MLS Listing ID 486573
HOA Y/N No
Year Built 1980
Annual Tax Amount $8,257
Tax Year 2025
Lot Size 3,998 Sqft
Acres 0.0918
Property Sub-Type Apartment
Source Greater McAllen
Property Description
Discover a rare investment opportunity in the heart of Mercedes, Texas. This property features a 9-unit multi-family complex paired with a two-door commercial storefront, offering dual-income potential.
The property is ideally located in a high-visibility area along N Texas Ave, providing possible stable residential cash flow and additional income from two street-front retail spaces. Property Highlights:
- 9 total residential units, including cozy efficiency-style apartments
- 2 commercial storefronts, suitable for retail, office, or small business rentals
- Steady rental income with long-term tenants and low vacancy rates
- Ideal for local retail, boutique, or office tenants
- Strong cash flow potential from both residential and commercial tenants
Located in a growing area of the Rio Grande Valley, this property offers both stability and upside. Don't miss out on this chance to own a multi-use property!
Location
State TX
County Hidalgo
Community Other
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Other
Heating Electric
Cooling Electric
Flooring Other, Tile
Appliance Water Heater (Other), No Conveying Appliances
Laundry None
Exterior
Exterior Feature Other
Fence None
Community Features Other
View Y/N No
Roof Type Composition Shingle,Other
Garage No
Building
Lot Description Alley, Irregular Lot
Faces Head East on Expressway 83, Exit 163B, head South on Texas Ave, Property will be on the right hand side.
Story 2
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Block,Frame/Wood,Other,Wood Siding
New Construction No
Schools
Elementary Schools Taylor
Middle Schools Sgt. Manuel Chacon
High Schools Mercedes H.S.
Others
Tax ID M355000047000900