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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.
    View details
    See hot listings in Mercedes

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    1 active listing matches your search: Apartment Building for sale in Mercedes, TX. Based on your search, we've also compiled 41 Potential Opportunities for your consideration: 4 properties in nearby cities and 37 off-market properties to explore as potential leads.

    Opportunities in Nearby Cities

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

    12-Unit Apartment Building
    12-Unit Apartment Building

    1002 Miller Avenue, Donna, TX 78537

    $675,000
    6,248 sqft 0.34 AC lot

    Two-story residences feature one-bedroom, one-bathroom layouts throughout.

    View details
    78-Unit Apartment Community
    78-Unit Apartment Community

    3801 Moreland Dr, Weslaco, TX 78596

    $7,500,000
    77,325 sqft

    Four development phases offer a mix of one-, two-, and three-bedroom apartments, including a unit with a two-car garage.

    View details
    Mixed-Use Property with 5 Residential Units
    Mixed-Use Property with 5 Residential Units

    114 S 7th Street, Donna, TX 78537

    $149,000
    6,314 sqft

    Residential units accompany commercial space configured for entertainment and office use.

    View details
    8-Unit Apartment Building
    8-Unit Apartment Building

    3512 Vanessa Lane, Weslaco, TX 78596

    $1,550,000
    10,800 sqft 0.33 AC lot

    Individual residences include patio and backyard areas, along with a full set of household appliances.

    View details

    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

    Estimated value:
    $320,000
    5,252 sqft 0.52 AC lot
    View details
    236 Missouri Ave
    APARTMENT HOUSE (5+ UNITS)

    236 Missouri Ave, Mercedes, TX 78570-3047

    Estimated value:
    $265,000
    9,400 sqft 0.22 AC lot
    View details
    105 10th St
    APARTMENT HOUSE (5+ UNITS)

    105 10th St, Mercedes, TX 78570-3946

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

    302 Fm 491, Mercedes, TX 78570-3209

    Estimated value:
    $445,000
    11,988 sqft 0.91 AC lot
    View details
    948 Virginia Ave
    APARTMENT HOUSE (5+ UNITS)

    948 Virginia Ave, Mercedes, TX 78570-3452

    Estimated value:
    $285,000
    6,549 sqft 0.17 AC lot
    View details
    Mercedes, TX 78570
    APARTMENT HOUSE (5+ UNITS)

    Mercedes, TX 78570

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

    350 Chapman St, Mercedes, TX 78570-4436

    Estimated value:
    $230,000
    5,952 sqft 0.26 AC lot
    View details
    528 Virginia Ave
    APARTMENT HOUSE (5+ UNITS)

    528 Virginia Ave, Mercedes, TX 78570

    Estimated value:
    $250,000
    6,054 sqft 0.34 AC lot
    View details
    555 Ohio Ave
    APARTMENT HOUSE (5+ UNITS)

    555 Ohio Ave, Mercedes, TX 78570-3119

    Estimated value:
    $605,000
    15,292 sqft 0.84 AC lot
    View details
    Mile 2nd 12th E
    APARTMENT HOUSE (5+ UNITS)

    Mile 2nd 12th E, Mercedes, TX 78570

    Estimated value:
    $385,000
    8,029 sqft 1.01 AC lot
    View details
    Missouri Ave
    APARTMENT HOUSE (5+ UNITS)

    Missouri Ave, Mercedes, TX 78570

    Estimated value:
    $445,000
    12,416 sqft 0.47 AC lot
    View details
    1027 Rio Rico Rd
    APARTMENT HOUSE (5+ UNITS)

    1027 Rio Rico Rd, Mercedes, TX 78570

    Estimated value:
    $375,000
    10,350 sqft 1.02 AC lot
    View details
    621 Mile 2nd 12th E
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $225,000
    1,777 sqft 1.01 AC lot
    View details
    9500 Fm 1015
    APARTMENT HOUSE (5+ UNITS)

    9500 Fm 1015, Mercedes, TX 78570-5678

    Estimated value:
    $305,000
    4,560 sqft 0.86 AC lot
    View details
    529 3rd St
    APARTMENT HOUSE (5+ UNITS)

    529 3rd St, Mercedes, TX 78570-3067

    Estimated value:
    $250,000
    5,952 sqft 0.21 AC lot
    View details
    326 Virginia Ave
    Multifamily properties

    326 Virginia Ave, Mercedes, TX 78570

    Estimated value: by Request
    View details
    00 Brown St
    Multifamily properties

    00 Brown St, Mercedes, TX 78570

    Estimated value: by Request
    View details
    802 Starr St
    Multifamily properties

    802 Starr St, Mercedes, TX 78570

    Estimated value: by Request
    12,144 sqft
    View details
    028 Mile 4
    Multifamily properties

    028 Mile 4, Mercedes, TX 78599

    Estimated value: by Request
    28.30 AC lot
    View details
    198 Dawson Rd
    Multifamily properties

    198 Dawson Rd, Mercedes, TX 78570

    Estimated value: by Request
    1.00 AC lot
    View details
    105 Royal Palm Dr
    Multifamily properties

    105 Royal Palm Dr, Mercedes, TX 78570

    Estimated value: by Request
    View details
    00 Brown St
    Multifamily properties

    00 Brown St, Mercedes, TX 78570

    Estimated value: by Request
    View details
    00 Mile 1 1/2
    Multifamily properties

    00 Mile 1 1/2, Mercedes, TX 78570

    Estimated value: 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

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    Residential Income

    How Realmo verifies these figures

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