105 E 10th Street Mercedes, TX $ 999,999
105 E 10th Street
$ 999,999
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105 E 10th Street

Mercedes, TX, 78570
$ 999,999
Bedrooms17 Baths17.0 Sq 12,880

Monthly Estimate*

$ 6,239

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Multi-Family Home for sale in Mercedes, TX

for $999,999 with 17 bedrooms and 17 full baths. This 12,880 square foot home was built in 1989 on a lot size of 1.056.

A great time to add cash flow with a multifamily 16 units with onsite laundry facilities generating additional income to your portfolio. As of march 28 2025 only two units are vacant ,The five buildings sit on 1 acre (+/-) plenty of parking spaces in the middle of downtown Mercedes. All apartments are 2 bedrooms 1 bath units. Roof was replaced in 2019, The property is conveniently close to schools, and a science academy, minutes from the Mercedes Outlet Mall. Washers and Dryers are not leased and were purchased in 2021 along with the gas water heater. The tenants pay for electric and the landlord pays for water / trash ( appx $300 monthly ).

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Multi-Family Active

Price

$ 999,999

Bedrooms

17

Full Bath

17

Property Type

Multi-Family

Taxes

$ 26,699

Style

Apartment

Lot Size

1.056

Year Built

1989

Town/City

Mercedes

County/Region

Hidalgo

MLS | Web ID

465553

Features
General
Living Area 12880
Sewer City Sewer
Heating Central Electric
Cooling Central Air Electric
Possession Closing and Funding
Roof Shingle
Appliances Electric Water Heater Gas Water Heater Refrigerator Stove/Range-Electric Coil
Garage Spaces 0
Security Features Smoke Detector(s)
Construction Materials Brick Siding Wood Siding
Year Built 1989
Stories Count 2
Property Subtype Apartment
Tax Year 2024
Gross Income 118800
Community Features Curbs Sidewalks Street Lights
County Hidalgo
Insurance Expense 4500
Property Type Residential Income
HOA No
Energy Efficient None
MaintenanceExpense 520
Subdivision Name East Mercedes
Garage Y/N No
Other Structures Laundry Facility
Status Active
Directions Take I-2. Texas exit. Turn south on Texas east on 10th St. cross the canal property on you left hand side.
High School Mercedes H.S.
City Mercedes
High School District Mercedes ISD
Number Of Units Total 17
Lot Size Units Acres
Lot Size Square Feet 45998.9244
Carport Spaces 0
Carport Y/N No
Elementary School JFK
Tax Annual Amount 26699
Home Warranty Y/N No
Middle/Junior High School Harwell
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Mercedes ISD
Elementary School District Mercedes ISD
Year Built Source HCAD
Legal Description EAST MERCEDES LOTS 1 & 2 & W80' LOT 3 BLK 1
Freehold BBO VOW IDX
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Interior
Interior Amenities Split Bedrooms
Flooring Porcelain Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Laundry Room
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Exterior
Exterior Amenities None
Fencing Landscaped None
Parking Features No Garage
Water Source Public
Total Parking 0
Lot Size Area 1.056
Foundation Details Slab
Number of Buildings 5
Building Area Total 12880
Lot Size Acres 1.056
Road Surface Type Paved
Covered Spaces 0
Number of Separate Water Meters 1
Irrigation Water Rights Y/N No
Pool YN No
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* Excluded Features
List By
Idan Zur

Listing Agent

Fortune Realty Llc

Broker

abrahamcommercial1@gmail.com

Email

Affordability Calculator

$8,464
Per Month
74%
26%
0%
Monthly Principal & Interest
$6,239
Monthly Property Taxes
$2,225
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3057794 Elementary School
3722321 Middle School
Mercedes H.S. High School
Pricing History
DatePricePrice ChangeDescription
9/18/2025$999,999 -2.44% Price Down
7/31/2025$1,025,000 -5.09% Price Down
6/4/2025$1,080,000 -10.00% Price Down
3/25/2025$1,200,000 Listed Price

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105 E 10th Street, Mercedes, TX, 78570 is a Multi-Family Home for sale at $999,999 with 12,880 sqft and a lot size of 1.056. 105 E 10th Street has 17 bedrooms, 17.0 baths, and was built in 1989. The property's zip code is 78570 which is in Mercedes, TX