Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    326 N Virginia Ave Mercedes, TX 78570

    Sponsored
    For Sale
    $264,900

    MULTI_FAMILY - Mercedes, TX

    Property size:
    1,920 SF
    Lot size:
    0.11 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 6 at 11:06 am

    Property Features for 326 N Virginia Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    M355000053000600
    Parking features
    Garage
    Fencing
    Privacy
    Appliances
    Electric Water Heater, Disposal, Refrigerator, Stove/Range-Electric Coil
    Size
    1,920 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    2020
    Floors in Building
    1
    Number of units
    4
    Building materials
    Siding, Stone
    Roof type
    Composition

    We can help!

    Listing Contact
    Arasely Esquivel

    eXp Realty, LLC (888) 519-7431

    Listing agent Arasely Esquivel (956) 688-0631

    Listing date Feb 5, 2026

    MLS# 493943 Listing URL

    Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Modern Duplex in Mercedes, TX

    This well-maintained duplex, constructed in 2020, features two units, each offering 2 bedrooms and 2 bathrooms. Both units are currently rented and occupied. The property is designed for modern living, with wood-look tile flooring throughout for style and easy maintenance. The kitchens feature quartz countertops and ample cabinet space. Situated right off the highway, the location provides convenient access for commuters and enhances rental appeal. The property offers excellent income potential and is ideal for investors. The property size is 1920 square feet and the lot size is 0.1148 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.916138
    Latitude
    26.154574

    Nearby Similar for Sale

    • $530,000
      5,272 SF

      Versatile Mercedes Property with Income

      Multi-use property with commercial, auto shop, and residential components.
      438 Jones Ave, Mercedes, TX 78570
      View Details
    • $520,000
      8,569 SF

      Commercial Property in Mercedes, TX

      Commercial property suitable for retail, restaurant, or office use.
      1020 N Baseline Rd, Mercedes, TX 78570
      View Details
    • $439,000
      4,050 SF

      New Fourplex Near Expressway

      Modern fourplex with private yards and new appliances.
      802 E Starr St, Mercedes, TX 78570
      View Details
    • $415,000
      3,132 SF

      Mercedes Fourplex Investment Opportunity

      Fourplex in Mercedes, TX, featuring modern interiors and private backyards.
      1046 Hidalgo St, Mercedes, TX 78570
      View Details
    • $415,000
      3,132 SF

      Mercedes Fourplex Investment Opportunity

      Fourplex in Mercedes, TX with modern interiors and private backyards.
      1046 Hidalgo St, Mercedes, TX 78570
      View Details
    • $439,000
      4,050 SF

      New Fourplex Near Expressway

      New fourplex near expressway with modern amenities and private backyards.
      807 E Starr St, Mercedes, TX 78570
      View Details
    • $375,000
      2,240 SF

      Multi-Use Property in Mercedes, Texas

      9-unit multi-family with two commercial storefronts in Mercedes, TX.
      136 North Texas Ave, Mercedes, TX 78570
      View Details
    • $225,000
      3,420 SF

      Duplex in Mercedes, Texas

      Well-maintained duplex with upgrades, rental income, and convenient location.
      760 Florida St, Mercedes, TX 78570
      View Details
    • $329,900
      20,016 SF

      Versatile Commercial Building in Mercedes, TX

      20,016 sqft commercial building suitable for diverse enterprises.
      100 E 2Nd St, Mercedes, TX 78570
      View Details
    • $349,000
      1,800 SF

      Mercedes Commercial Property on International

      High-traffic commercial property in Mercedes, Texas, with redevelopment potential.
      4320 N International Blvd, Mercedes, TX 78570
      View Details
    • $40,000
      0.06 Acres

      RV Lot in Active Community

      Full hookup RV lot in a premier 55+ resort.
      2036 Mazerron, Mercedes, TX 78570
      View Details
    • New
      $264,900
      1,920 SF

      Modern Duplex in Mercedes, Texas

      Well-maintained duplex built in 2020, offering immediate rental income.
      326 N Virginia Ave, Mercedes, TX 78570
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex built in 2020, ideal for investors.
    Where is this duplex located?
    The property is located at 326 N Virginia Ave Mercedes, TX.
    What is the asking price?
    The asking price for this property is $264,900.
    What are key features of this property?
    This property features: - Built in 2020, offering modern construction and design.; - Two spacious 2-bedroom, 2-bathroom units, providing ample living space.; - Currently rented and occupied, ensuring immediate rental income.
    (888) 519-7431
    Request Owner's contact information
    326 N Virginia Ave Mercedes, TX 78570
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    326 N Virginia Ave
    Mercedes, TX 78570
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    326 N Virginia Ave Mercedes, TX 78570
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Arasely Esquivel
    (888) 519-7431
    Learn more
    Google sign-in failed. Please try again or use another login method.