1046 HIDALGO ST., Mercedes, TX 78570
MULTI_FAMILY - MERCEDES, TX
- Added:
- May 12, 2025
- Days on Market:
- 400
- Last Refresh:
- Jun 15 at 7:06 am
Property Features for 1046 HIDALGO ST.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage, Carport
- Interior features
- Ceiling Fan(s), Smoke Alarm(s), Walk-in Closet(s)
- Fencing
- Privacy
- Appliances
- Dishwasher, Disposal, Range, Refrigerator
- Standard status
- Active
- Size
- 3,132 SF
- Lot size
- 0.17 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Tile
Listing agent Arasely Esquivel (956) 688-0631
Listing office EXP Realty, LLC 9600 Great Hills Trail Suite 150 W, Austin, TX (888) 519-7431
Listing date May 12, 2025
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime Mercedes location offers an excellent investment opportunity.
- Fourplex includes a mix of unit sizes: two 2‑bedroom/2‑bathroom units and two 1‑bedroom/1‑bathroom units.
- Each unit has a private backyard and dedicated laundry area.
- Interiors feature modern finishes: wood‑look tile flooring and quartz countertops.
- All kitchen appliances are included in each unit.
- Conveniently located near the highway and grocery stores.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.0k | $14.04 |
| − Vacancy | −$4.8k | −$1.55 |
| EGI | $39.1k | $12.49 |
| − OpEx | −$11.7k | −$3.75 |
| NOI | $27.4k | $8.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mercedes
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.921158
- Latitude
- 26.152695
