$199,000

3117 S Spanish Palms Drive, Mercedes, TX 78570

  • 5,252 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1998
  • Property Lot Size Icon0.52acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $38/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Great Investment Property in Mercedes, TX! This 5 Unit Apartment Complex is the perfect fixer upper for any investor looking to maximize their cash flow portfolio! All units ara vacant as the interior of the property needs remodeling. Property already counts with a full roof replacement done in May 2024! Apartment Complex features 2 units composed of 3 bedrooms/2 baths & 3 units of 2 bedrooms/2 baths. Don't miss an opportunity to create a cash flowing asset for yourself!

Listing Status:
Active
Listing Office:
Verite Realty LLC : 956-467-4678
Listing Agent:
Samantha Reynoso : 956-310-8868
MLS ID:
443405
  • General: Ceiling Fan(s)Decorative/High Ceilings
  • Appliances: Electric Water HeaterWater Heater (Other Location)No Conveying Appliances
  • Laundry: Laundry AreaWasher/Dryer Connection
  • Flooring: OtherTile
  • A/C: Central AirOther HVAC
  • Heating: CentralOther HVAC
  • Eco/Green Feature: None
  • General: Outbuilding (None)
  • Parking: Other Garage or Carport
  • Roofing: Shingle
  • General: BlockStucco1Slab
  • Road/Access: Paved
  • Originating MLS: Greater McAllen
  • School District: Mercedes ISD
  • County: Hidalgo
  • Zoning: S531000002000300
  • Fencing: Chain LinkOtherPrivacy
  • Water: Public
  • Sewer: City Sewer
  • Source: Greater McAllen

This listing courtesy of Samantha Reynoso, Verite Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Santiago Garcia Elementary School

101 E Santa Rosa Ave, Edcouch, TX, 78538

Grades KG-5

3.39 miles away

C

Carlos F. Truan Jr. High School

Mile 4 N and Mile 17, Elsa, TX, 78543

Grades 7-8

4.06 miles away

E

Edcouch-Elsa High School Academy

301 N Yellow Jacket Dr, Elsa, TX, 78543

Grades 10-12

3.89 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.