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136 N Texas Avenue, Mercedes, TX 78570

Mercedes
Local realty services provided by:CENTURY 21 Johnston Company
136 N Texas Avenue,Mercedes, TX 78570
$375,000
  • - Beds
  • - Baths
  • 2,240 sq. ft.
  • Multi-family
  • Active
Listed by: joe lee hernandez
Office: nexthome rgv realty
MLS#:486573
Source:TX_GMAR

Price summary

  • Price:$375,000
  • Price per sq. ft.:$167.41

About this home

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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Home facts

  • Year built:1980
  • Listing ID #:486573
  • Added:122 day(s) ago
  • Updated:March 12, 2026 at 03:08 PM

Rooms and interior

  • Flooring:Tile
  • Living area:2,240 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Roof:Composition Shingle
  • Year built:1980
  • Building area:2,240 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Alley, Irregular Lot
  • Construction Materials:Block, Frame/Wood, Wood Siding
  • Exterior Features:Alley
  • Foundation Description:Slab

Schools

  • High school:Mercedes H.S.
  • Middle school:Sgt. Manuel Chacon
  • Elementary school:Taylor

Utilities

  • Water:Public Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$375,000
  • Price per sq. ft.:$167.41
  • Tax amount:$8,257

Features and amenities

  • Appliances:No Conveying Appliances

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