3117 S Spanish Palms Drive, Mercedes, TX 78570

Local realty services provided by:CENTURY 21 Johnston Company
3117 S Spanish Palms Drive,Mercedes, TX 78570
$199,000
  • - Beds
  • - Baths
  • 5,252 sq. ft.
  • Multi-family
  • Pending
Listed by: samantha reynoso
Office: luxoria realty llc
MLS#:498583
Source:TX_GMAR

Price summary

  • Price:$199,000
  • Price per sq. ft.:$37.89

About this home

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!

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Home facts

  • Year built:1998
  • Listing ID #:498583
  • Added:657 day(s) ago
  • Updated:April 14, 2026 at 07:51 AM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Electric Water Heater
  • Living area:5,252 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Other HVAC
  • Heating:Central, Other HVAC
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1998
  • Building area:5,252 sq. ft.
  • Lot area:0.52 Acres
  • Construction Materials:Block, Stucco
  • Exterior Features:Chain Link
  • Foundation Description:Slab

Schools

  • High school:Edcouch-Elsa H.S.
  • Middle school:Ybarra
  • Elementary school:Santiago

Utilities

  • Water:Electric Water Heater, Public Water, Water Heater (Other Location)
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$199,000
  • Price per sq. ft.:$37.89
  • Tax amount:$7,192

Features and amenities

  • Appliances:No Conveying Appliances
  • Laundry features:Laundry Area, Washer/Dryer Connection
  • Amenities:Curbs

Parking

  • Parking description:Other Garage or Carport