105 E 10TH STREET, MERCEDES, TX 78570
Homes for sale in Mercedes.
Homes for sale in 78570.
105 E 10th Street
Mercedes, TX 78570
List Price$999,999
Listing #465553
12,880
Square Feet
17
Number of Units
House
Type
About This Property
A great time to add cash flow with a multifamily 16 units with onsite laundry facilities generating additional income to your portfolio. As of march 28 2025 only two units are vacant ,The five buildings sit on 1 acre (+/-) plenty of parking spaces in the middle of downtown Mercedes. All apartments are 2 bedrooms 1 bath units. Roof was replaced in 2019, The property is conveniently close to schools, and a science academy, minutes from the Mercedes Outlet Mall. Washers and Dryers are not leased and were purchased in 2021 along with the gas water heater. The tenants pay for electric and the landlord pays for water / trash ( appx $300 monthly ).
Property Features
Location Information
County
Hidalgo
Directions
Take I-2. Texas exit. Turn south on Texas, east on 10th St. cross the canal property on you left hand side.
Subdivision
East Mercedes
Interior Features
Interior
Split Bedrooms
Laundry
Laundry Room
Heating
Central, Electric
Appliances
Electric Water Heater, Gas Water Heater, Refrigerator, Stove/Range-Electric Coil
Cooling
Central Air, Electric
Total Number of Units
17
Floors
Porcelain Tile
Features
Curbs, Sidewalks, Street Lights
Exterior Features
Construction
Brick, Siding, Wood Siding
Garage Spaces
0
Foundation
Slab
Parking Spaces
0
Roof
Shingle
Fencing
Landscaped, None
Possession
Closing and Funding
Lot Size in Acres
1.056
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
45,998
Water
Public
Buildings
Laundry Facility
Security Features
Smoke Detector(s)
Energy Features
None
Parking Description
No Garage
Road Description
Paved
School
Elementary School District
Mercedes ISD
Middle School
Harwell
Elementary School
JFK
High School
Mercedes H.S.
Additional Information
Property Type
SFR
Units in Complex
5
Property SubType
Apartment
Taxes
26699
Year Built
1989
Tax Year
2024
APN
E070000001000100
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$4,669
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,603
Monthly Tax
$833
Monthly Insurance
$233
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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