136 N Texas Avenue Mercedes, TX $ 375,000
136 N Texas Avenue
$ 375,000
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136 N Texas Avenue

Mercedes, TX, 78570
$ 375,000
Bedrooms9 Baths9.0 Sq 2,240

Monthly Estimate*

$ 2,340

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Multi-Family Home for sale in Mercedes, TX

for $375,000 with 9 bedrooms and 9 full baths. This 2,240 square foot home was built in 1980 on a lot size of 0.0918.

Investment Opportunity: Discover a rare investment opportunity in the heart of Mercedes, Texas. This property features a 9-unit multi-family complex paired with a two-door commercial storefront, offering dual-income potential. The property is ideally located in a high-visibility area along N Texas Ave, providing possible stable residential cash flow and additional income from two street-front retail spaces. Property Highlights: - 9 total residential units, including cozy efficiency-style apartments - 2 commercial storefronts, suitable for retail, office, or small business rentals - Steady rental income with long-term tenants and low vacancy rates - Ideal for local retail, boutique, or office tenants - Strong cash flow potential from both residential and commercial tenants Located in a growing area of the Rio Grande Valley, this property offers both stability and upside. Don’t miss out on this chance to own a multi-use property!

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Multi-Family Active

Price

$ 375,000

Bedrooms

9

Full Bath

9

Property Type

Multi-Family

Taxes

$ 8,257

Style

Apartment

Lot Size

0.0918

Year Built

1980

Town/City

Mercedes

County/Region

Hidalgo

MLS | Web ID

486573

Features
General
Living Area 2240
Sewer City Sewer
Heating Electric
Cooling Electric
Possession Closing and Funding
Roof Composition Shingle Other
Appliances Water Heater (Other) No Conveying Appliances
Garage Spaces 0
Patio/Porch Features Patio
Construction Materials Block Frame/Wood Other Wood Siding
Year Built 1980
Stories Count 2
Property Subtype Apartment
Tax Year 2025
Gross Income 13000
Community Features Other
County Hidalgo
Insurance Expense 0
Property Type Residential Income
HOA No
Energy Efficient Other
MaintenanceExpense 200
Subdivision Name Mercedes Original Townsite
Garage Y/N No
Other Structures Outbuilding (None)
Status Active
Directions Head East on Expressway 83 Exit 163B head South on Texas Ave Property will be on the right hand side.
High School Mercedes H.S.
City Mercedes
High School District Mercedes ISD
Number Of Units Total 9
Lot Size Units Square Feet
Lot Size Square Feet 3998.808
Carport Spaces 0
Carport Y/N No
Elementary School Taylor
Tax Annual Amount 8257
Home Warranty Y/N No
Middle/Junior High School Sgt. Manuel Chacon
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 MERCEDES ORIGINAL TOWNSITE LOT 9 BLK 47
Freehold BBO VOW IDX
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Interior
Interior Amenities Other
Flooring Other Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features None
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Exterior
Exterior Amenities Other
Fencing None
Parking Features No Carport No Garage
Lot Features Alley Irregular Lot
Water Source Public
Total Parking 0
Lot Size Area 3998.808
Foundation Details Slab
Number of Buildings 2
Building Area Total 2240
Lot Size Acres 0.0918
Road Surface Type Gravel 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
Joe Lee Hernandez

Listing Agent

Nexthome Rgv Realty

Broker

hdzjoelee@gmail.com

Email

Affordability Calculator

$3,028
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,340
Monthly Property Taxes
$688
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
3057215 Elementary School
3057390 Middle School
Mercedes H.S. High School
Pricing History
DatePricePrice ChangeDescription
11/10/2025$375,000 Listed Price

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136 N Texas Avenue, Mercedes, TX, 78570 is a Multi-Family Home for sale at $375,000 with 2,240 sqft and a lot size of 0.0918. 136 N Texas Avenue has 9 bedrooms, 9.0 baths, and was built in 1980. The property's zip code is 78570 which is in Mercedes, TX