807 E Starr Street, Mercedes, TX 78570
MULTI_FAMILY - Mercedes, TX
- Added:
- Mar 2, 2026
- Days on Market:
- 101
- Last Refresh:
- Jun 11 at 1:06 am
Property Features for 807 E Starr Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Parking features
- Garage, Other
- Exterior features
- Sprinkler System
- Appliances
- Water Heater (Laundry Room), Water Heater (Other Location), Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
- Standard status
- Active
- APN
- D165000000000100
- Size
- 4,050 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2024
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Composition
Listing agent Irving N. Kim License #693229 (956) 520-4573
Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX (956) 465-0011
Listing date Mar 2, 2026
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.
HighLights
- Brand‑new 4‑plex built in 2024 with stucco exterior and a composition roof
- Each unit has a private fenced backyard
- Open‑concept layouts with wood‑like tile flooring throughout
- All units include brand‑new appliances: refrigerator, stove/range, microwave, washer, and dryer
- Central heating and central air with electric heating/cooling
- Sprinkler system and public water; parking includes a garage plus 8 carport spaces
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 | $56.9k | $14.04 |
| − Vacancy | −$6.3k | −$1.55 |
| EGI | $50.6k | $12.49 |
| − OpEx | −$15.2k | −$3.75 |
| NOI | $35.4k | $8.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mercedes
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.899415
- Latitude
- 26.15653
