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12-Unit Multifamily Building
For Sale
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302 FM491, Mercedes, TX 78570

For sale multifamily apartment building offering 12 units at 302 FM491 in Mercedes, Texas.

Property SizeContact for details
Days on Market125

Property Features for 302 FM491

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 12
Listing Agency: MARCUS PHIPPS R.E. - COMMERCIAL DIVISION
Listed By: Pauline Zurovec · License #568880
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 10:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARCUS PHIPPS R.E. - COMMERCIAL DIVISION

Investment Insights

Based on property information with market context.

This for-sale multifamily apartment building features a total of 12 units. It is an income-producing residential property offered at 302 FM491 in Mercedes, TX 78570.

The listing is presented as a 12-unit multifamily offering and is categorized for residential income use. The public remarks note a per-unit figure of $58,250, supporting the unit count included in the offering summary.

Key Highlights

  • 12‑unit multifamily apartment building for sale at 302 FM491, Mercedes, TX
  • Priced at $58,250 per unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic Kitchen & Bath Showroom Building Supply Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

420
Businesses Nearby

Demographics for 78570, TX

32,950
Population
10,701
Households
3.1
Avg Household Size
30
Median Age
12%
College-Educated
61%
High-School Grad
75.2 sq mi
ZIP Area
438
Density / Sq Mi
$39,890
Median Household Income
$22,648
Median Earnings
$686
Median Rent
$83,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - For sale multifamily apartment building offering 12 units at 302 FM491 in Mercedes, Texas.
Where is this apartment building located?
The property is located at 302 FM491 Mercedes, TX.
What are key features of this property?
This property features: 12‑unit multifamily apartment building for sale at 302 FM491, Mercedes, TX; Priced at $58,250 per unit
More about this property
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