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    Mercedes, TX
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    Mercedes, TX Multifamily Properties for Sale

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    New Fourplex Near Expressway
    Updated: Mar 2
    New Fourplex Near Expressway

    807 E Starr Street, Mercedes, TX 78570

    $420,000
    4,050 sqft 0.23 AC lot
    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
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    This listing looks promising.

    Here's a quick look at some key insights for

    807 E Starr Street, Mercedes, TX 78570

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $35K
      Annual

    • Price @ 7% Cap

      $506K
      Above asking
    View Property Analytics
    Brand-New Fourplex with Carports
    Updated: Jul 7
    Brand-New Fourplex with Carports

    105 E Royal Palm Drive, Mercedes, TX 78570

    $510,000
    4,400 sqft 0.23 AC lot
    New construction (2025) fourplex in Mercedes, TX, reported as fully built and rent‑ready
    Four units total, each with a 3‑bedroom and 2‑bath single‑family‑style layout
    Central heating and central air in all units
    Appliances included in all units: electric water heater, washer, dryer, microwave, refrigerator, and stove/range
    Public water source
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    Brand-New Fourplex Rental Property
    Brand-New Fourplex Rental Property

    205 E Royal Palm Dr., Mercedes, TX 78570

    $510,000
    4,400 sqft 0.23 AC lot

    Turnkey fourplex with four rent-ready 3-bedroom, 2-bath units and included appliances and carports.

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    Mercedes Duplex Income Property
    Mercedes Duplex Income Property

    328 S Georgia Avenue, Mercedes, TX 78570

    $195,000
    2,560 sqft

    Duplex for sale in Mercedes with rental flexibility in two separate units.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Modern Duplex Built in 2020
    Modern Duplex Built in 2020

    326 N Virginia Avenue, Mercedes, TX 78570

    $259,900
    1,920 sqft 0.11 AC lot

    Well-maintained duplex with strong rental appeal, ideal for investors.

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    Mercedes Fourplex: Investment Opportunity
    Mercedes Fourplex: Investment Opportunity

    1046 Hidalgo Street, Mercedes, TX 78570

    $399,900
    3,132 sqft 0.17 AC lot

    Fourplex in Mercedes, TX with modern interiors and private backyards.

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    Modern Duplex Built in 2020
    Modern Duplex Built in 2020

    326 N VIRGINIA AVE., Mercedes, TX 78570

    $259,900
    1,920 sqft 0.11 AC lot

    Well-maintained duplex with strong rental appeal, built in 2020.

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    Mercedes Fourplex Investment Opportunity
    Mercedes Fourplex Investment Opportunity

    1046 Hidalgo Street, Mercedes, TX 78570

    $399,900
    3,132 sqft

    Fourplex in Mercedes, TX with modern interiors and private backyards.

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    Mercedes Fourplex Investment Opportunity
    Mercedes Fourplex Investment Opportunity

    1046 HIDALGO ST., Mercedes, TX 78570

    $399,900
    3,132 sqft 0.17 AC lot

    Fourplex in Mercedes, TX with modern interiors and private backyards.

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    RV Resort Lot with Casita
    RV Resort Lot with Casita

    2072 E CORDOBA, Mercedes, TX 78570

    $37,500
    0.06 AC lot

    RV lot includes a casita and a spacious screened-in patio with tile flooring, in a 55+ resort community.

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    Multifamily Property in Downtown Mercedes
    Multifamily Property in Downtown Mercedes

    105 E 10th Street, Mercedes, TX 78570

    $1,200,000
    1.00 AC lot

    16-unit multifamily property with on-site laundry in downtown Mercedes.

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    RV Resort Lot with Full Hookups
    RV Resort Lot with Full Hookups

    2036 MAZERRON, Mercedes, TX 78570

    $30,000
    0.06 AC lot

    RV lot in a 55+ resort community with full hookups and a double concrete pour pad for convenient setup.

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    Luxury RV Lot with Casita
    Luxury RV Lot with Casita

    2070 E CORDOBA lot: 2070, Mercedes, TX 78570

    $74,000
    0.06 AC lot

    RV lot with casita in a premier 55+ resort.

    View details
    Based on your search, we've compiled 60 Potential Opportunities for your consideration. Besides 13 Active listings in Mercedes, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 39 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Weslaco Apartment Building For Sale
    Weslaco Apartment Building For Sale

    2612 S International Blvd, Weslaco, TX 78596

    $300,000
    5,986 sqft

    Six-unit apartment complex with on-site amenities in a convenient location.

    View details
    Modern Fourplex in Gated Community
    Modern Fourplex in Gated Community

    3802 LAS VISTAS LANE, Weslaco, TX 78596

    $560,000
    4,200 sqft 0.24 AC lot

    Built in 2022, this fourplex includes four 3BR/2BA units with individual water meters and tenant-paid utilities.

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    Weslaco Fourplex Investment Opportunity
    Weslaco Fourplex Investment Opportunity

    1631 Playa Drive, Weslaco, TX 78596

    $489,000
    4,200 sqft 0.24 AC lot

    Well-maintained fourplex in Weslaco, TX with strong rental appeal.

    View details
    Weslaco Fourplex Investment Opportunity
    Weslaco Fourplex Investment Opportunity

    2112 Redbud Lane, Weslaco, TX 78596

    $465,000
    3,996 sqft 0.25 AC lot

    Fully rented fourplex near expressway, restaurants, and schools.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Weslaco Land Ideal for Development
    Weslaco Land Ideal for Development

    S Airport Drive, Weslaco, TX 78596

    $750,000
    9.55 AC lot

    Corner lot suitable for commercial or residential development.

    View details
    Residential Land in La Feria, TX
    Residential Land in La Feria, TX

    523 Canada Dr. lot: 4, La Feria, TX 78552

    $40,000
    0.06 AC lot

    Residential lot suitable for placing a mobile home.

    View details
    Residential Lot in La Feria
    Residential Lot in La Feria

    523 Canada Dr. lot: 6, La Feria, TX 78552

    $40,000
    0.06 AC lot

    Residential lot suitable for placing a mobile home.

    View details
    Residential Lot in La Feria, TX
    Residential Lot in La Feria, TX

    523 Canada Dr. lot: 7, La Feria, TX 78552

    $40,000
    0.04 AC lot

    Residential lot suitable for placing a mobile home.

    View details

    Off-Market Properties in Mercedes, TX

    Consider similar Off-Market properties in Mercedes, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Mercedes, TX 78570
    MOBILE HOME PARK, TRAILER PARK

    Mercedes, TX 78570

    Value Estimation by Request
    1,600 sqft 20.60 AC lot
    View details
    3117 Spanish Palms S Dr
    APARTMENT HOUSE (5+ UNITS)

    3117 Spanish Palms S Dr, Mercedes, TX 78570-5825

    Value Estimation by Request
    5,252 sqft 0.52 AC lot
    View details
    236 Missouri Ave
    APARTMENT HOUSE (5+ UNITS)

    236 Missouri Ave, Mercedes, TX 78570-3047

    Value Estimation by Request
    9,400 sqft 0.22 AC lot
    View details
    105 10th St
    APARTMENT HOUSE (5+ UNITS)

    105 10th St, Mercedes, TX 78570-3946

    $600,000
    Estimated value
    12,880 sqft 1.06 AC lot
    View details
    302 Fm 491
    APARTMENT HOUSE (5+ UNITS)

    302 Fm 491, Mercedes, TX 78570-3209

    $565,000
    Estimated value
    11,988 sqft 0.91 AC lot
    View details
    948 Virginia Ave
    APARTMENT HOUSE (5+ UNITS)

    948 Virginia Ave, Mercedes, TX 78570-3452

    Value Estimation by Request
    6,549 sqft 0.17 AC lot
    View details
    Mercedes, TX 78570
    APARTMENT HOUSE (5+ UNITS)

    Mercedes, TX 78570

    $560,000
    Estimated value
    10,500 sqft 0.95 AC lot
    View details
    350 Chapman St
    APARTMENT HOUSE (5+ UNITS)

    350 Chapman St, Mercedes, TX 78570-4436

    Value Estimation by Request
    5,952 sqft 0.26 AC lot
    View details
    528 Virginia Ave
    APARTMENT HOUSE (5+ UNITS)

    528 Virginia Ave, Mercedes, TX 78570

    Value Estimation by Request
    6,054 sqft 0.34 AC lot
    View details
    555 Ohio Ave
    APARTMENT HOUSE (5+ UNITS)

    555 Ohio Ave, Mercedes, TX 78570-3119

    $725,000
    Estimated value
    15,292 sqft 0.84 AC lot
    View details
    Mile 2nd 12th E
    APARTMENT HOUSE (5+ UNITS)

    Mile 2nd 12th E, Mercedes, TX 78570

    Value Estimation by Request
    8,029 sqft 1.01 AC lot
    View details

    Mercedes, TX Multifamily Properties Market Trends and Statistics

    Explore 52 multifamily properties for sale in Mercedes, TX, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 28,646 square feet of properties for sale, with an estimated market value of $4,696,000.

    Sale prices for multifamily properties in Mercedes, TX start at $30,000, averaging $361,230, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 6
    Duplexes 3
    Mobile home & RV parks 3
    Apartment buildings 2

    Demographics Overview

    Population 34K
    Population Growth (5Y) -2.9%
    Median Household Income $39,890
    College Educated 15.8%

    High-Yield Neighborhoods for Investment

    Identify Mercedes submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    78570 $324K

    Taxes & Financing

    Tax Rate (average for all types) 2.77%
    Property Tax per SF $46.31 per SF
    Tax Rate vs County Average 0.40 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hidalgo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hidalgo County

    Retail

    Office

    Residential Income

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