Your AI Navigator in Commercial Real Estate
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

    837 Heidrick Ave Mercedes, TX 78570

    For Sale
    $225,000

    Brand new, fully leased duplex in Texas

    Property size:
    1,370 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2-unit apartment building, constructed in 2024, presents a compelling investment opportunity in Mercedes, Texas. Located at 837 Heidrick Avenue, this property boasts a total of 1,370 square feet situated on a 4,251.02 square foot lot. Each of the two units offers 683 square feet of living space, featuring an open-concept kitchen and living area, brand new stainless steel appliances, granite countertops, and beautiful porcelain tile flooring throughout. The bathrooms showcase unique Moroccan tile accents. Additional features include spacious walk-in closets, a large utility room with hanging space, and energy-efficient tankless water heaters. Each unit also benefits from its own private outdoor area. The building's elevated design, raised 18 inches above street level, enhances curb appeal and provides added protection. Currently fully leased, this turnkey property offers immediate rental income and a strong return on investment. The property is located in Hidalgo County, Texas, zip code 78570. Pre-qualification is required for showings. Asking price is $225,000.

    Property Features for 837 Heidrick Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,370 SF

    Building Details

    Year Built
    2024
    Buildings
    1
    Units
    2

    HighLights

    • $225,000 asking price.
    • Brand new, fully leased duplex providing immediate income.
    • Two units, each with 683 square feet, private outdoor space, open‑concept living areas, stainless steel appliances, granite countertops, and porcelain tile.
    • Energy‑efficient features including tankless water heaters and large utility rooms with ample storage.
    • Elevated 18 inches above street level, enhancing curb appeal and offering protection.
    • 4,251 square foot lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9197815
    Latitude
    26.1597028

    Nearby Similar for Sale

    • $530,000
      5,272 SF

      Versatile Mercedes Property with Income

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

      Mercedes, TX Commercial Property

      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

      New fourplex near Expressway with modern amenities and private yards.
      802 E Starr St, Mercedes, TX 78570
      View Details
    • $439,000
      4,050 SF

      Mercedes, TX Fourplex For Sale

      Pristine fourplex near Expressway and Rio Grande Valley Premium Outlets.
      806 E Starr St, Mercedes, TX 78570
      View Details
    • $439,000
      4,050 SF

      New Fourplex Near Expressway

      New fourplex with modern amenities and immediate cash flow potential.
      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

    FAQs

    What type of property is this?
    Multifamily property - Brand new, fully leased duplex in Texas
    Where is this multifamily property located?
    The property is located at 837 Heidrick Ave Mercedes, TX.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: $225,000 asking price.; Brand new, fully leased duplex providing immediate income.; Two units, each with 683 square feet, private outdoor space, open-concept living areas, stainless steel appliances, granite countertops, and porcelain tile.
    Request Owner's contact information
    837 Heidrick 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.
    837 Heidrick 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 Estimation

    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.

    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.

    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
    837 Heidrick 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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.