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3117 S Spanish Palms DR Mercedes, TX 78570
5,252 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,252 sqft
Subdivision Spanish Palms
MLS Listing ID 498583
Sold Date -
HOA Y/N No
Year Built 1998
Annual Tax Amount $7,192
Tax Year 2025
Lot Size 0.518 Acres
Acres 0.5176
Property Sub-Type Multi Family
Source Greater McAllen
Property Description
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!
Location
State TX
County Hidalgo
Community Curbs
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s)
Heating Central, Other HVAC
Cooling Central Air, Other HVAC
Flooring Other, Tile
Appliance Electric Water Heater, Water Heater (Other Location), No Conveying Appliances
Laundry Laundry Area, Washer/Dryer Connection
Exterior
Exterior Feature None
Carport Spaces 10
Fence Chain Link, Other, Privacy
Community Features Curbs
View Y/N No
Roof Type Shingle
Total Parking Spaces 10
Garage No
Building
Faces Driving North on Mile Three Rd W, once you pass Mile 13 N Rd, Turn West (Left) on Spanish Palms, property will be to your right.
Story 1
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Block,Stucco
New Construction No
Schools
Elementary Schools Santiago
Middle Schools Ybarra
High Schools Edcouch-Elsa H.S.
Others
Tax ID S531000002000300
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