809 Alexandria AVE Active

Mercedes,TX 78570

$ 2308606

- Bed

- Bath

1332 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,332 sqft

Price per Sqft $1,733

Subdivision Tiger Crossing

MLS Listing ID 460866

HOA Y/N No

Originating Board Greater McAllen

Year Built 2015

Annual Tax Amount $48,941

Tax Year 2024

Lot Size 6,006 Sqft

Acres 0.1379

Property Sub-Type Multi Family

Property Description

Investment Opportunity: Income-Producing Portfolio in Mercedes, TX

This portfolio consists of 11 meticulously maintained single-family homes located in Mercedes, Texas. These properties offer a steady cash flow and represent an exceptional opportunity for investors seeking long-term, passive income.
Each home in this portfolio is beautifully well-kept, ensuring both tenant satisfaction and reduced maintenance costs. The homes are strategically situated in a growing community, offering consistent rental demand.
Key Features:
11 homes in the highly desirable Mercedes, TX area
Well-maintained properties, reducing the need for significant repairs or updates
Consistent rental income from reliable tenants
Stable market conditions for real estate investment in the region
This portfolio is perfect for those looking to expand their real estate holdings with a proven, income-generating asset.

Location

State TX

County Hidalgo

Community Curbs,Sidewalks,Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s),Other

Heating Central,Electric,Other HVAC

Cooling Central Air,Electric,Other HVAC

Flooring Tile

Appliance Electric Water Heater,Other

Laundry Laundry Area

Exterior

Exterior Feature Other

Garage Spaces 1.0

Fence Other

Community Features Curbs,Sidewalks,Street Lights

View Y/N No

Roof Type Composition Shingle,Other

Total Parking Spaces 1

Garage Yes

Building

Lot Description Curb & Gutters,Sidewalks

Faces Take the ramp on the left and follow signs for US-83 East. Pass Discount Used Auto Parts on the left in 6.1 mi. At Exit 164, head right on the ramp for E Expressway 83 toward Mile 1 E Rd. Turn right onto Dawson Rd. Turn right onto US-83 N Bus / TX-374 / State Highway 374. Turn left onto Mistletoe Ave / FM-491. Turn left onto E 10th St. Turn left onto Santos Ave, then immediately turn left onto Alexandria Ave. Arrive at Alexandria Ave on the left. The last intersection before your destination is Irma Ave. If you reach 6th St, you've gone too far 809 Alexandria Ave, Mercedes, TX 78570

Story 1

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Other

New Construction No

Schools

Elementary Schools Hinojosa

Middle Schools Sgt. Manuel Chacon

High Schools Mercedes H.S.

Others

Tax ID T545400000002000

View More
Favorite Go Tour