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Multifamily Fixer-Upper
For Sale
Contact for pricing
Pending

3117 Spanish Palms Drive S, Mercedes, TX 78570

A renovation-focused multifamily property requiring substantial work to reposition the asset.

Property SizeContact for details
Days on Market146

Property Features for 3117 Spanish Palms Drive S

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: TNT Real Estate
Listed By: Briseida Chavez · License #803303
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 3 at 8:23AM

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 TNT Real Estate

Investment Insights

Based on property information with market context.

This multifamily property at 3117 Spanish Palms Drive S is offered as a renovation project. The existing improvements require substantial work, making the property relevant to an experienced contractor or remodeling crew prepared to undertake a comprehensive update.

The property is located in Mercedes, Texas, within ZIP code 78570. No unit count, building size, zoning, or other physical specifications are provided.

Key Highlights

  • Multifamily property requiring substantial renovation
  • Located at 3117 Spanish Palms Drive S in Mercedes, TX 78570
  • Positioned as a contractor- or remodeling‑focused project

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Kitchen & Bath Showroom Law Firm Home Appliance Store Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

11
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - A renovation-focused multifamily property requiring substantial work to reposition the asset.
Where is this multifamily property located?
The property is located at 3117 Spanish Palms Drive S Mercedes, TX.
What are key features of this property?
This property features: Multifamily property requiring substantial renovation; Located at 3117 Spanish Palms Drive S in Mercedes, TX 78570; Positioned as a contractor- or remodeling‑focused project
More about this property
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