837 Heidrick Ave Mercedes, TX 78570
- Commercial real estate
- 1,370 SF
- 0.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 837 Heidrick Ave
- Year built
- 2024
- Lot size
- 0.10 lot acres
- Property size
- 1,370 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a brand-new, fully leased duplex located at 837 Heidrick Ave, Mercedes, Texas, 78570. Built in 2024, this single-story, 1,370 square foot building sits on a 0.097-acre lot and boasts a remarkable 9.60% cap rate. The property features two identical units, each offering 683 square feet of living space. Each unit includes an open-concept kitchen and living area, brand new stainless steel appliances, granite countertops, and beautiful porcelain tile flooring throughout. The bathrooms feature unique Moroccan tile accents. Additional amenities include a large utility room with hanging space, walk-in closets, and energy-efficient tankless water heaters. Each unit also enjoys its own private outdoor space. The building is elevated 18 inches above street level, enhancing curb appeal and providing added protection. This turnkey property offers a reliable income stream with minimal upkeep, making it an ideal investment for those seeking immediate returns. The property is located in Hidalgo County and is ready for a qualified investor. Pre-qualification is required for showings.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mercedes
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9197815
- Latitude
- 26.1597028
