About 136 N Texas Avenue
Investment Opportunity: Discover a rare investment opportunity in the heart of Mercedes, Texas. This property features a 9-unit multi-family complex paired with a two-door commercial storefront, offering dual-income potential. The property is ideally located in a high-visibility area along N Texas Ave, providing possible stable residential cash flow and additional income from two street-front retail spaces. Property Highlights: - 9 total residential units, including cozy efficiency-style apartments - 2 commercial storefronts, suitable for retail, office, or small business rentals - Steady rental income with long-term tenants and low vacancy rates - Ideal for local retail, boutique, or office tenants - Strong cash flow potential from both residential and commercial tenants Located in a growing area of the Rio Grande Valley, this property offers both stability and upside. Don’t miss out on this chance to own a multi-use property!
Features of 136 N Texas Avenue
| MLS® # | 486573 |
|---|---|
| Price | $375,000 |
| Square Footage | 2,240 |
| Acres | 0.09 |
| Year Built | 1980 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 136 N Texas Avenue |
|---|---|
| Subdivision | Mercedes Original Townsite |
| City | Mercedes |
| County | Hidalgo |
| State | TX |
| Zip Code | 78570 |
Amenities
| Parking | No Carport, No Garage |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Other |
|---|---|
| Appliances | Water Heater (Other), No Conveying Appliances |
| Heating | Electric |
| Cooling | Electric |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Other |
|---|---|
| Lot Description | Alley, Irregular Lot |
| Roof | Composition Shingle, Other |
| Construction | Block, Frame/Wood, Other, Wood Siding |
| Foundation | Slab |
School Information
| District | Mercedes ISD |
|---|---|
| Elementary | Taylor |
| Middle | Sgt. Manuel Chacon |
| High | Mercedes H.S. |
Additional Information
| Date Listed | November 10th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Joe Lee Hernandez |
|---|---|
| Office | NextHome RGV Realty |
| Contact Info | 956-975-1983 |