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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.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 42 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

    Opportunities in Nearby Cities

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

    78-Unit Apartment Property
    78-Unit Apartment Property

    3801 E MORELAND DR, Weslaco, TX 78596

    $7,500,000
    77,325 sqft 6.55 AC lot

    Four-phase apartment property with patios, tile flooring, and public water and sewer.

    View details
    24-Unit Apartment Complex
    24-Unit Apartment Complex

    1210 N Main Street, La Feria, TX 78559

    $1,750,000
    3.00 AC lot

    Two-building residential property with washer and dryer connections, private balconies, and designated parking areas.

    View details
    Multifamily Property in La Feria, TX
    Multifamily Property in La Feria, TX

    24529 FM 506, La Feria, TX 78559

    $600,000
    2,800 sqft 8.00 AC lot

    Multifamily property featuring a home, apartments, and RV pads.

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

    609 Buena Vista Drive, Weslaco, TX 78596

    Contact for pricing

    Well-maintained complex with two-bedroom, two-bathroom residences near the expressway.

    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:
    No data
    View details
    00 Brown St
    Multifamily properties

    00 Brown St, Mercedes, TX 78570

    Estimated value:
    No data
    View details
    802 Starr St
    Multifamily properties

    802 Starr St, Mercedes, TX 78570

    Estimated value:
    No data
    12,144 sqft
    View details
    028 Mile 4
    Multifamily properties

    028 Mile 4, Mercedes, TX 78599

    Estimated value:
    No data
    28.30 AC lot
    View details
    198 Dawson Rd
    Multifamily properties

    198 Dawson Rd, Mercedes, TX 78570

    Estimated value:
    No data
    1.00 AC lot
    View details
    105 Royal Palm Dr
    Multifamily properties

    105 Royal Palm Dr, Mercedes, TX 78570

    Estimated value:
    No data
    View details
    00 Brown St
    Multifamily properties

    00 Brown St, Mercedes, TX 78570

    Estimated value:
    No data
    View details
    00 Mile 1 1/2
    Multifamily properties

    00 Mile 1 1/2, Mercedes, TX 78570

    Estimated value:
    No data
    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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