$10,000 Closing Credit¹
#427704, Cecilia Olivarez, Listing Office: HCH Realty
$2,308,606 List price
809 Alexandria Ave Mercedes, TX 78570
$10,000
Closing credit¹
1,332 sqft
0.1 acres
$1,733 / sqft
Multi-Family
Property details
About 809 Alexandria Ave
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.
Highlights
Home typeMulti Family
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size1,332 sqft
Lot size0.1379 Acres
Year built2015
ParkingAttached, Garage Faces Front
MLS #460866
Attached garage1 space
Summary
- MLS Number: 460866
- MLS Name: McAllenTX
- Office Name: Zapphire Real Estate Group
- Office Phone: (956) 600-7494
- Listing Agent: Ramon Pecina
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: 3/13/2025, 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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$2,308,606
809 Alexandria Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $129,856 | $3,926 |
| 2022 | $137,425 | $4,190 |
| 2021 | $107,402 | $2,810 |
| 2020 | $93,837 | $2,810 |
| 2019 | $92,908 | $2,671 |
| 2017 | $97,130 | $2,947 |
History based on county public records data.
Nearby schools
8
Ruben Hinojosa Elementary School
Public District PK-5
0.2 mi
•500 S Rio Rico Rd
4
W.B. Travis Elementary School
Public District PK-5
1.2 mi
•1551 S Georgia Ave
6
John F. Kennedy Elementary School
Public District PK-5
1.3 mi
•801 Hidalgo St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,837. The most common annual income of people living in Mercedes, TX is between $35k-100k. The majority of families are married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
41%
<35k
52%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
21%
Single, No Kids
19%
Single, with Kids
20%
Married, No Kids
40%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
13%
12-17 yrs old
25%
18-34 yrs old
33%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Pro Wrestling
College Football
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Best Buy
Where do the neighbors go to eat?
Little Caesars
Sonic
Texas Roadhouse
What do the neighbors drive?
Chevrolet
Oldsmobile
Ram
What do the neighbors listen to?
Country
Contemporary Inspirational
Contemporary Christian
All data provided by Home Junction and Claritas
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This home is located at 809 Alexandria Ave in Mercedes, TX and zip code 78570. This 1,332 square foot home, which was built in 2015, sits on a 0.14 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 8, 2025 and is currently priced at $2,308,606.
From Rocket Homes Real Estate and based on county public records data.