$4,144

closing credit¹

116 N Colorado Ave Mercedes, TX 78570

$349,000
2,560 sqft
0.2 acres
$136 / sqft
Multi-Family

Property details

About 116 N Colorado Ave

Don't miss the opportunity to invest in a brand-new 8-bed, 6-bathroom 2-story duplex located just yards from Expwy 83 in Mercedes! This duplex has all the features you could ask for in an investment property such as: 4,000 psi concrete foundation, commercial grade underlayment under the metal roof, fully enveloped foam insulation, ceiling height kitchen cabinets, quartz countertops with tile backsplash, Nest Smart A/C, Borax roach and ant prevention in all perimeter walls, Bora-Care termiticide, insecticide, and fungicide in all perimeter walls, high-end vapor barrier beneath the siding, concrete composite siding, fire alarm, and sprinkler system, tile in the 1st floor, waterproof locking vinyl on 2nd floor and stairs, power flush toilets, and a large backyard with alley access, fenced on the sides. The duplex also includes high-end new appliances (fridge with dispenser, washer, dryer, microwave with range vent, oven range, and dishwasher). Schedule your showing today!

Highlights

Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size2,560 sqft
Lot size0.1722 Acres
Year built2024
MLS #459721

Summary

  • MLS Number: 459721
  • MLS Name: McAllenTX
  • Office Name: Dominion Real Estate
  • Office Phone: (956) 627-3589
  • Listing Agent: Ariadna Reyes

Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 2/7/2025, 4:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of property with a patio

$349,000

116 N Colorado Ave

$4,144

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

7

John F. Kennedy Elementary School

Public District PK-5

0.2 mi

801 Hidalgo St

5

Zachary Taylor Elementary School

Public District PK-5

0.7 mi

900 N Missouri Ave

6

W.B. Travis Elementary School

Public District PK-5

1.2 mi

1551 S Georgia Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,649. Residents of Mercedes, TX typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

63%
<35k
35%
35k-100k
1%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
19%
Single, with Kids
20%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
35%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 116 N Colorado Ave in Mercedes, TX and zip code 78570. This 2,560 square foot home, which was built in 2024, sits on a 0.17 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 26, 2025 and is currently priced at $349,000.

From Rocket Homes Real Estate and based on county public records data.

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