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For Sale 78570 Mercedes

3117 S Spanish Palms Drive

Mercedes, TX 78570

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For Sale

Active

$300,000

Est. Mortgage 1,579/month

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5,252 Sqft. ($57/Sqft.)

0.52 Lot Acres

Multi-Family

9 Day(s) on HAR.com

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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!

MLS#

GMARTX-443405

List Price

$300,000 ($57/Sqft.)

Listing Status

For Sale

Address

3117 S Spanish Palms Drive

City

Mercedes

State

Zip Code

78570

County

Hidalgo County

Subdivision

Spanish Palms

Property Type

Multi-Family

Garages

8 / Appraisal District

Building Size

5,252 Sqft/Appraisal District

Architecture Style

Other

Year Built

1998 /Appraisal District

Lot Size

0.52 Lot Acres/Appraisal District

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PRESENTED BY

David Dennis Platinum

4.99 / 5 (120 surveys)

DADEN PROPERTIES

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Exterior

Roof

Shingle

Parking

Carport, Garage

Energy Features

Ceiling Fan

Exterior

None

Interior

Floors

Tile

Cooling

Other

Heating

Central Furnace

Interior

Ceiling Fan(s), Decorative/High Ceilings

Lot information

Lot Size

0.52 Lot Acres /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

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DOWN PAYMENT

Amount

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.