105 E 10Th St Mercedes, TX 78570
Property profile & analytics
105 E 10Th St Mercedes, TX 78570
- Apartment buildings
- 12,880 SF
- 1.06 lot acres
Property ID
US82-2993230
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 105 E 10Th St
- Year built
- 1989
- Lot size
- 1.06 lot acres
- Property size
- 12,880 SF
- Property type
- Apartment buildings
- APN
- E0700-00-001-0001-00
- APU
- E070000001000100
Description
This exceptional multifamily investment opportunity presents a 17-unit apartment complex ideally situated in the heart of Mercedes, Texas. The property, located at 105 E 10th Street, comprises four buildings on a spacious 1.056-acre lot, offering ample parking. Built in 1989, the complex features seventeen 2-bedroom, 1-bathroom units, each designed for comfortable living. Fifteen units boast tile flooring, enhancing their appeal and durability. The property benefits from on-site laundry facilities, with washers and dryers included in the sale, along with the gas water heater. Roof shingles were recently replaced in 2019, minimizing future maintenance concerns. Appliances are updated as needed, ensuring consistent functionality and tenant satisfaction. The property enjoys a strong rental history, demonstrating its consistent income-generating potential. Its convenient location near schools, a science academy, and the Mercedes Outlet Mall adds to its desirability. This turnkey investment offers a compelling opportunity for immediate income and long-term growth in a thriving Texas market. The asking price for this exceptional property is $1,200,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $465,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $731,000
Market price range: $570k - $946k -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $730,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mercedes
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9085
- Latitude
- 26.1424
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$28,724
$151,800
$798,200
$950,000
-
$151,800
$798,200
$950,000
