$375,000/mo

136 N Texas Avenue, Mercedes, TX 78570

  • 2,240 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon3,999sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $167/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

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!

Listing Status:
Active
Listing Office:
NextHome RGV Realty : 956-628-4663
Listing Agent:
Joe Lee Hernandez : 956-975-1983
MLS ID:
486573
  • General: Other
  • Appliances: Water Heater (Other)No Conveying Appliances
  • Laundry: None
  • Flooring: OtherTile
  • A/C: Electric
  • Heating: Electric
  • Eco/Green Feature: Other
  • General: OtherOutbuilding (None)
  • Parking: No CarportNo Garage
  • Roofing: Composition ShingleOther
  • General: BlockFrame/WoodOtherWood Siding2Slab
  • Road/Access: GravelPaved
  • Originating MLS: Greater McAllen
  • School District: Mercedes ISD
  • County: Hidalgo
  • Zoning: M355000047000900
  • Fencing: None
  • Water: Public
  • Sewer: City Sewer
  • Source: Greater McAllen

This listing courtesy of Joe Lee Hernandez, NextHome RGV Realty

Location

Schools Nearby

Z

Zachary Taylor Elementary School

900 N Missouri Ave, Mercedes, TX, 78570

Grades PK-5

0.55 miles away

S

Sgt. Manuel Chacon Middle School

801 S Mile 1 E, Mercedes, TX, 78570

Grades 6-8

1.23 miles away

M

Mercedes Early College Academy

837 S Ohio Ave, Mercedes, TX, 78570

Grades 9-12

0.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.