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Mercedes, TX Apartment Buildings for Sale

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Multifamily Property in Downtown Mercedes
Updated: Mar 15, 2024
Multifamily Property in Downtown Mercedes

105 E 10th Street, Mercedes, TX 78570

Contact for pricing
1.00 AC lot
Income‑generating 16‑unit multifamily property.
All units are 2 bedrooms and 1 bath.
Onsite laundry facilities with included washers and dryers.
Roof shingles replaced in 2019.
15 of 16 apartments have tile flooring.
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Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 1 Active listings in Mercedes, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 37 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Donna Multifamily Investment Opportunity
Donna Multifamily Investment Opportunity

1308 Miller Avenue, Donna, TX 78537

$900,000
10,488 sqft 0.90 AC lot

Well-maintained 14-unit apartment complex near expressway in Donna, TX.

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Weslaco Apartment Building For Sale
Weslaco Apartment Building For Sale

2612 S International Blvd, Weslaco, TX 78596

Contact for pricing
5,986 sqft

Six-unit apartment complex with on-site amenities in a convenient location.

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Donna TX Multifamily Investment Opportunity
Donna TX Multifamily Investment Opportunity

705 11th Street, Donna, TX 78537

Contact for pricing
11,934 sqft

Well-maintained 12-plex in Donna, TX with immediate cash flow.

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Multifamily
Multifamily

1306 E 11th St, Weslaco, TX 78596

Contact for pricing
10,920 sqft

Apartment buildings · 10,920 SF

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Ocean Springs Highway 90 Land
Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000
143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

View details
Retail-Zoned Development Land Opportunity
Retail-Zoned Development Land Opportunity

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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Off-Market Properties in Mercedes, TX

Consider similar Off-Market properties in Mercedes, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3117 Spanish Palms S Dr
APARTMENT HOUSE (5+ UNITS)

3117 Spanish Palms S Dr, Mercedes, TX 78570-5825

Value Estimation by Request
5,252 sqft 0.52 AC lot
View details
236 Missouri Ave
APARTMENT HOUSE (5+ UNITS)

236 Missouri Ave, Mercedes, TX 78570-3047

Value Estimation by Request
9,400 sqft 0.22 AC lot
View details
105 10th St
APARTMENT HOUSE (5+ UNITS)

105 10th St, Mercedes, TX 78570-3946

$600,000
Estimated value
12,880 sqft 1.06 AC lot
View details
302 Fm 491
APARTMENT HOUSE (5+ UNITS)

302 Fm 491, Mercedes, TX 78570-3209

$565,000
Estimated value
11,988 sqft 0.91 AC lot
View details
948 Virginia Ave
APARTMENT HOUSE (5+ UNITS)

948 Virginia Ave, Mercedes, TX 78570-3452

Value Estimation by Request
6,549 sqft 0.17 AC lot
View details
Mercedes, TX 78570
APARTMENT HOUSE (5+ UNITS)

Mercedes, TX 78570

$560,000
Estimated value
10,500 sqft 0.95 AC lot
View details
350 Chapman St
APARTMENT HOUSE (5+ UNITS)

350 Chapman St, Mercedes, TX 78570-4436

Value Estimation by Request
5,952 sqft 0.26 AC lot
View details
528 Virginia Ave
APARTMENT HOUSE (5+ UNITS)

528 Virginia Ave, Mercedes, TX 78570

Value Estimation by Request
6,054 sqft 0.34 AC lot
View details
555 Ohio Ave
APARTMENT HOUSE (5+ UNITS)

555 Ohio Ave, Mercedes, TX 78570-3119

$725,000
Estimated value
15,292 sqft 0.84 AC lot
View details
Mile 2nd 12th E
APARTMENT HOUSE (5+ UNITS)

Mile 2nd 12th E, Mercedes, TX 78570

Value Estimation by Request
8,029 sqft 1.01 AC lot
View details
Missouri Ave
APARTMENT HOUSE (5+ UNITS)

Missouri Ave, Mercedes, TX 78570

$535,000
Estimated value
12,416 sqft 0.47 AC lot
View details
1027 Rio Rico Rd
APARTMENT HOUSE (5+ UNITS)

1027 Rio Rico Rd, Mercedes, TX 78570

Value Estimation by Request
10,350 sqft 1.02 AC lot
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621 Mile 2nd 12th E
APARTMENT HOUSE (5+ UNITS)

621 Mile 2nd 12th E, Mercedes, TX 78570-0305

Value Estimation by Request
1,777 sqft 1.01 AC lot
View details
9500 Fm 1015
APARTMENT HOUSE (5+ UNITS)

9500 Fm 1015, Mercedes, TX 78570-5678

Value Estimation by Request
4,560 sqft 0.86 AC lot
View details
529 3rd St
APARTMENT HOUSE (5+ UNITS)

529 3rd St, Mercedes, TX 78570-3067

Value Estimation by Request
5,952 sqft 0.21 AC lot
View details
326 Virginia Ave
Multifamily properties

326 Virginia Ave, Mercedes, TX 78570

Value Estimation by Request
View details
00 Brown St
Multifamily properties

00 Brown St, Mercedes, TX 78570

Value Estimation by Request
View details
802 Starr St
Multifamily properties

802 Starr St, Mercedes, TX 78570

Value Estimation by Request
12,144 sqft
View details
028 Mile 4
Multifamily properties

028 Mile 4, Mercedes, TX 78599

Value Estimation by Request
28.30 AC lot
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198 Dawson Rd
Multifamily properties

198 Dawson Rd, Mercedes, TX 78570

Value Estimation by Request
1.00 AC lot
View details
105 Royal Palm Dr
Multifamily properties

105 Royal Palm Dr, Mercedes, TX 78570

Value Estimation by Request
View details
00 Brown St
Multifamily properties

00 Brown St, Mercedes, TX 78570

Value Estimation by Request
View details
00 Mile 1 1/2
Multifamily properties

00 Mile 1 1/2, Mercedes, TX 78570

Value Estimation by Request
6.66 AC lot
View details

Mercedes, TX Apartment Buildings Market Trends and Statistics

Explore 38 apartment buildings for sale in Mercedes, TX on our real estate platform.

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Demographics Overview

Population 34K
Population Growth (5Y) -2.9%
Median Household Income $39,890
College Educated 15.8%

Taxes & Financing

Tax Rate (average for all types) 2.77%
Property Tax per SF $46.31 per SF
Tax Rate vs County Average 0.40 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hidalgo County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hidalgo County

Retail

Office

Residential Income

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