105 E 10th St, Mercedes, TX 78570
FOR SALE1.06 ACRES

105 E 10th St
Mercedes, TX 78570

  • Studio
  • 12,880 sqft (on 1.06 acres)
  • Studio
  • 12,880 sqft (on 1.06 acres)

$1,200,000

Est. Mortgage $8,244/mo*
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Local Information

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Description

An exceptional investment opportunity awaits! Expand your portfolio with this multifamily gem featuring 16 units and on-site laundry facilities, offering a lucrative source of additional income. Situated on a prime 1-acre lot in downtown Mercedes, ample parking enhances tenant convenience. Each unit features 2 bedrooms, 1 bath, and tile flooring in 15 units. Appliances are regularly maintained, ensuring tenant satisfaction and excellent rental history. Proximity to schools, a science academy, and the Mercedes Outlet Mall further adds to its appeal. Don't miss out on this income-generating asset! Contact LA today for more details.

Home Highlights

Parking
36 Carport Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$93
Listed
44 days ago

Home Details for 105 E 10th St

Interior Features

Dimensions and Layout
Living Area: 12880 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater, Gas Water Heater, Refrigerator, Stove/Range-Electric CoilLaundry: Laundry RoomRefrigerator
Heating & Cooling
Heating: Has Heating Unspecified TypeHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Has Heating Unspecified Type
Windows, Doors, Floors & Walls
Flooring: Porcelain Tile
Levels, Entrance, & Accessibility
Floors: Porcelain Tile

Exterior Features

Exterior Home Features
Roof: ShingleFencing: Landscaped, NoneOther Structures: Laundry FacilityExterior: Balcony, Mature TreesFoundation: Slab
Parking & Garage
Number of Carport Spaces: 36Number of Covered Spaces: 36Has a CarportNo GarageParking Spaces: 36Parking: No Carport,No Garage
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 44

Property Information

Year Built
Year Built: 1989
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Brick, Siding, Wood SidingDoes Not Include Home Warranty
Property Information
Parcel Number: E070000001000100

Price & Status

Price
List Price: $1,200,000Price Per Sqft: $93
Status Change & Dates
Possession Timing: Closing and Funding

Active Status

MLS Status: Active

Location

Direction & Address
City: MercedesCommunity: East Mercedes
School Information
Elementary School: JFKElementary School District: Mercedes ISDJr High / Middle School: HarwellJr High / Middle School District: Mercedes ISDHigh School: Mercedes H.S.High School District: Mercedes ISD

Agent Information

Listing Agent
Listing ID: 430368

Building

Building Area
Building Area: 12880 Square Feet

Community

Community Features: Curbs, Sidewalks, Street LightsUnits in Building: 5

HOA

No HOA

Lot Information

Lot Area: 1.056 Acres

Energy

Energy Efficiency Features: None

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 430368

Additional Information

CurbsSidewalksStreet Lights
Last check for updates: about 14 hours ago
Listing courtesy of Cecilia Olivarez, (956) 353-2401
Hch Realty
Source: Greater McAllen AOR, MLS#430368

Price History for 105 E 10th St

DatePriceEventSource
03/14/2024$1,200,000Listed For SaleGreater McAllen AOR #430368
07/31/2022ListingRemovedGreater McAllen AOR #379800
06/22/2022$995,000PendingGreater McAllen AOR #379800
06/02/2022$995,000PriceChange
Greater McAllen AOR #379800
05/14/2022$1,100,000PriceChange
Greater McAllen AOR #379800
04/27/2022$1,150,000PriceChange
Greater McAllen AOR #379800
04/19/2022$1,300,000PriceChange
Greater McAllen AOR #379800
04/07/2022$1,500,000Listed For SaleGreater McAllen AOR #379800
01/20/2021ListingRemovedGreater McAllen AOR
11/02/2020$750,000Listed For SaleAgent Provided
09/20/2020$750,000ListingRemovedAgent Provided
07/06/2020$750,000Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2023
Tax
Assessment$950,000
Home facts updated by county records

What Locals Say about Mercedes

  • Oliverclosner4
    "Good neighborhood. Good community. Nice city to live in. It’s so beautiful! Well maintained and safe."
    6
    Flag
  • BettyVickery
    "No public transport here, but amazing neighbors and quiet. Fireworks at right times of the year, not a ton of small kids around. My first year here so will see about Halloween. Our first week here we had several neighbors come over for introductions, became fast friends."
    2
    Flag
  • Jesse C.
    "Very small town. Local stores and parks are a short distance away. You can walk, bike or drive. There is no public transportation infrastructure. "
    1
    Flag
  • Alex
    "Mercedes hosts the annual stock show & city Christmas parade. It also has an outlet mall. The city is small making it easy to travel around. "
    0
    Flag
  • GS
    "No commute as we work from home, however, traffic can sometimes be heavy and it’s best to leave earlier than what may be considered normal. Especially congested in the winter months as all the winter Texans are visiting"
    0
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LGBTQ Local Legal Protections

Cecilia Olivarez, Hch Realty
Listing information is deemed reliable, but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
105 E 10th St, Mercedes, TX 78570 is a studio, 12,880 sqft multi-family built in 1989. This property is currently available for sale and was listed by Greater McAllen AOR on Mar 14, 2024. The MLS # for this home is MLS# 430368.