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    Mercedes, TX
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    Mercedes, TX Multifamily Properties for Sale

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    11 properties
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    Fourplex with Carports
    Updated: Jul 7
    Fourplex with Carports

    105 E Royal Palm Drive, Mercedes, TX 78570

    $520,000
    4,200 sqft 0.23 AC lot
    Four units, each with 3 bedrooms and 2 bathrooms
    4,200 square feet on a 0.2328‑acre parcel
    Carports and washer, dryer, microwave, refrigerator, and stove/range included
    Central heating and central air; public water
    Approximately two minutes from Expressway 83; near the Livestock Show Grounds and Rio Grande Valley Outlets
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    4-Unit Residential Quadplex
    Updated: Jun 23
    4-Unit Residential Quadplex

    105 E Royal Palm Dr., Mercedes, TX 78570

    $520,000
    4,200 sqft 0.23 AC lot
    Four residences, each with three bedrooms and two bathrooms
    4,200 square feet on a 0.2328‑acre lot
    Carport parking and fencing
    Kitchen islands, tile flooring, and washer/dryer hookups
    Microwave, refrigerator, and washer/dryer appliances
    View details
    Newly Built Fourplex
    Newly Built Fourplex

    807 E Starr Street, Mercedes, TX 78570

    $420,000
    4,050 sqft 0.23 AC lot

    Four-unit property with contemporary interiors, private fenced yards, full appliance packages, and covered parking.

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    See hot listings in Mercedes

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    4-Unit Multifamily Property
    4-Unit Multifamily Property

    320 S Georgia Ave, Mercedes, TX 78570

    $180,000
    2,560 sqft

    All four residences are currently leased.

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    RV Lot with Casita
    RV Lot with Casita

    2070 E CORDOBA lot: 2070, Mercedes, TX 78570

    $74,000
    0.06 AC lot

    Improved lot with a tiled screened patio and access to shared recreational amenities.

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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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Modern Fourplex with Private Yards
    Modern Fourplex with Private Yards

    810 Starr St, Mercedes, TX 78570

    $439,000

    Fully leased fourplex with updated interiors, private fenced yards, covered parking, and in-unit appliances.

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    4-Unit Modern Quadplex
    4-Unit Modern Quadplex

    902 Starr St, Mercedes, TX 78570

    $439,000

    Fully leased property with contemporary interiors, private fenced yards, and covered parking near the Expressway.

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    Modern Fourplex with Covered Parking
    Modern Fourplex with Covered Parking

    1002 Starr St, Mercedes, TX 78570

    $439,000

    Four private fenced yards and complete appliance packages add convenience for residents.

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    Vacant Land / Lots
    Vacant Land / Lots

    10922 Compadres St, Mercedes, TX 78570

    $45,000

    Residential land & home lots

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    Multifamily Property in Downtown Mercedes
    Multifamily Property in Downtown Mercedes

    105 E 10th Street, Mercedes, TX 78570

    Contact for pricing
    1.00 AC lot

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

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    Based on your search, we've compiled 56 Potential Opportunities for your consideration. Besides 11 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 2 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.

    78-Unit Apartment Property
    78-Unit Apartment Property

    3801 E MORELAND DR, Weslaco, TX 78596

    $7,500,000
    77,325 sqft 6.55 AC lot

    Four-phase apartment property with patios, tile flooring, and public water and sewer.

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    78-Unit Apartment Community
    78-Unit Apartment Community

    3801 Moreland Dr, Weslaco, TX 78596

    $7,500,000
    77,325 sqft

    Four development phases offer a mix of one-, two-, and three-bedroom apartments, including a unit with a two-car garage.

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    Duplex with Attached Garages
    Duplex with Attached Garages

    2430 N Valley Circle, La Feria, TX 78559

    $360,000
    2,298 sqft 0.13 AC lot

    Two newly built residences offer open layouts, private fencing, patios, and appliance packages in a residential subdivision.

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    Duplex with Attached Garages
    Duplex with Attached Garages

    2424 N VALLEY CIRCLE, La Feria, TX 78559

    $360,000
    2,298 sqft 0.13 AC lot

    Two newly built residences offer open layouts, private fencing, and appliance packages in a residential subdivision.

    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.

    Corner Commercial Land
    Corner Commercial Land

    S Airport Drive, Weslaco, TX 78596

    $800,000
    9.55 AC lot

    A prominent intersection setting with public water listed and nearby medical, retail, restaurant, and residential uses.

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    San Benito Land Opportunity
    San Benito Land Opportunity

    30528 Melomar Dr. lot: 15, San Benito, TX 78586

    $86,300
    0.97 AC lot

    Nearly an acre of improved land in San Benito, TX.

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    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

    Estimated value:
    $325,000
    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

    Estimated value:
    $320,000
    5,252 sqft 0.52 AC lot
    View details
    236 Missouri Ave
    APARTMENT HOUSE (5+ UNITS)

    236 Missouri Ave, Mercedes, TX 78570-3047

    Estimated value:
    $265,000
    9,400 sqft 0.22 AC lot
    View details
    105 10th St
    APARTMENT HOUSE (5+ UNITS)

    105 10th St, Mercedes, TX 78570-3946

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

    302 Fm 491, Mercedes, TX 78570-3209

    Estimated value:
    $445,000
    11,988 sqft 0.91 AC lot
    View details
    948 Virginia Ave
    APARTMENT HOUSE (5+ UNITS)

    948 Virginia Ave, Mercedes, TX 78570-3452

    Estimated value:
    $285,000
    6,549 sqft 0.17 AC lot
    View details
    Mercedes, TX 78570
    APARTMENT HOUSE (5+ UNITS)

    Mercedes, TX 78570

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

    350 Chapman St, Mercedes, TX 78570-4436

    Estimated value:
    $230,000
    5,952 sqft 0.26 AC lot
    View details
    528 Virginia Ave
    APARTMENT HOUSE (5+ UNITS)

    528 Virginia Ave, Mercedes, TX 78570

    Estimated value:
    $250,000
    6,054 sqft 0.34 AC lot
    View details
    555 Ohio Ave
    APARTMENT HOUSE (5+ UNITS)

    555 Ohio Ave, Mercedes, TX 78570-3119

    Estimated value:
    $605,000
    15,292 sqft 0.84 AC lot
    View details
    Mile 2nd 12th E
    APARTMENT HOUSE (5+ UNITS)

    Mile 2nd 12th E, Mercedes, TX 78570

    Estimated value:
    $385,000
    8,029 sqft 1.01 AC lot
    View details
    Missouri Ave
    APARTMENT HOUSE (5+ UNITS)

    Missouri Ave, Mercedes, TX 78570

    Estimated value:
    $445,000
    12,416 sqft 0.47 AC lot
    View details
    1027 Rio Rico Rd
    APARTMENT HOUSE (5+ UNITS)

    1027 Rio Rico Rd, Mercedes, TX 78570

    Estimated value:
    $375,000
    10,350 sqft 1.02 AC lot
    View details

    Mercedes, TX Multifamily Properties Market Trends and Statistics

    Explore 50 multifamily properties for sale in Mercedes, TX, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 18,142 square feet of properties for sale, with an estimated market value of $3,475,900.

    Sale prices for multifamily properties in Mercedes, TX start at $45,000, averaging $347,590, and reaching up to $520,000 — 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 8
    Apartment buildings 2
    Duplexes 1
    Mobile home & RV parks 1

    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 $354.7K

    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

    How Realmo verifies these figures

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