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    136 North Texas Ave Mercedes, TX 78570

    For Sale
    $375,000

    Residential Multi Family, Other - Mercedes, TX

    Property size:
    2,240 SF
    Lot size:
    0.09 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 136 North Texas Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    2,240 SF
    Lot size
    0.09 Acres

    Building Details

    Year built
    1980
    Architectural style
    Other

    NextHome, Inc

    Listing agent Joe Lee Hernandez (956) 283-6338 License #727782,PersonLicenseNumber

    Listing date Nov 10, 2025

    MLS# 486573 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Use Property in Mercedes, Texas

    Located in Mercedes, Texas, this property presents an investment opportunity featuring a 9-unit multi-family complex and a two-door commercial storefront. The property is situated in a high-visibility area along N Texas Ave. The residential component includes efficiency-style apartments. The two commercial storefronts are suitable for retail, office, or small business rentals. The property offers steady rental income with long-term tenants and low vacancy rates. The commercial spaces are ideal for local retail, boutique, or office tenants. The property has strong cash flow potential from both residential and commercial tenants. The property size is 2240 square feet on a lot of 0.09 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9139551
    Latitude
    26.1521311

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    FAQs

    What type of property is this?
    Mixed-use property - 9-unit multi-family with two commercial storefronts in Mercedes, TX.
    Where is this mixed-use property located?
    The property is located at 136 North Texas Ave Mercedes, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Dual-income potential from 9 residential units and 2 commercial storefronts.; - High-visibility location on N Texas Ave in Mercedes, Texas.; - Steady rental income with long-term tenants and low vacancy rates.
    (956) 283-6338
    Request Owner's contact information
    136 North Texas Ave Mercedes, TX 78570
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    Mercedes, TX 78570
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    136 North Texas Ave Mercedes, TX 78570
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