1046 Hidalgo Street Mercedes, TX 78570
MULTI_FAMILY - Mercedes, TX
- Added:
- May 12, 2026
- Days on Market:
- 64
- Last Refresh:
- Jul 14 at 3:06 am
Property Features for 1046 Hidalgo Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Carport, Garage
- Exterior features
- Sprinkler System
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Tankless Water Heater, Water Heater (Laundry Room), Electric Cooktop, Dishwasher, Disposal, Refrigerator, Stove/Range
- Standard status
- Active
- APN
- 234512
- Size
- 3,132 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8436
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- HardiPlank Type
- Roof type
- Composition
Listing agent Arasely Esquivel (956) 688-0631
Listing office eXp Realty LLC 9600 Great Hills Trail #150w, Austin, TX (888) 519-7431
Listing date May 12, 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.
Investment Insights
Based on property information with market context.
Key Highlights
- Fourplex built in 2023 with 2 units featuring 2 bed/2 bath and 2 units featuring 1 bed/1 bath
- Each unit includes a dedicated laundry area and a private backyard
- Interior features include wood‑look tile flooring and quartz countertops
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 |
