$2,672

closing credit¹

837 Heidrick Ave Mercedes, TX 78570

$225,000
1,370 sqft
0.10 acres
$164 / sqft
Multi-Family

Property details

About 837 Heidrick Ave

Looking to expand your investment portfolio? CAP RATE 9.6% at 900 per month rent each unit. This brand new duplex is fully leased and ready to provide immediate rental income. Perfect for investors seeking a turnkey property. Each unit enjoys its own private outdoor space. Open-concept kitchen and living area for a spacious feel, brand new stainless steel appliances, granite countertops, and beautiful porcelain tile throughout. The bathrooms feature unique decorative Moroccan tiles for added flair. Convenient Amenities: Large utility room with space for hanging clothes, walk-in closets for extra storage, and tankless water heaters for energy-efficient hot water. Each unit offers 683 sq. ft. of living space.Elevated Design: The entire building is raised 18 inches above street level, providing extra protection and enhancing curb appeal. This property is a great opportunity to secure a reliable income stream with minimal upkeep. *Must be prequalified to request a showing.

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size1,370 sqft
Lot size0.0976 Acres
Year built2024
ParkingNo Garage
MLS #453063

Summary

  • MLS Number: 453063
  • MLS Name: McAllenTX
  • Office Name: Medina Real Estate - Weslaco
  • Office Phone: (956) 968-8900
  • Listing Agent: Margarita (Margiee) Fender

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, 8:15:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$225,000

837 Heidrick Ave

$2,672

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$16,150$488
2022$16,150$492
2021$16,150$483
2020$16,150$483
2019$16,150$212
2017$7,013$212

History based on county public records data.

Nearby schools

5

Zachary Taylor Elementary School

Public District PK-5

0.3 mi

900 N Missouri Ave

7

John F. Kennedy Elementary School

Public District PK-5

0.4 mi

801 Hidalgo St

7

Ruben Hinojosa Elementary School

Public District PK-5

1.6 mi

500 S Rio Rico Rd

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 $23,364. The most common annual income of people living in Mercedes, TX is less than $<35k. Residents typically live in single, with kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

67%
<35k
25%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

25%
Single, No Kids
34%
Single, with Kids
16%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

26%
<11 yrs old
12%
12-17 yrs old
28%
18-34 yrs old
26%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • SonicSonic
  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans

What do the neighbors drive?

  • OldsmobileOldsmobile
  • ChevroletChevrolet
  • BuickBuick

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 837 Heidrick Ave in Mercedes, TX and zip code 78570. This 1,370 square foot home, which was built in 2024, sits on a 0.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 2, 2024 and is currently priced at $225,000.

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

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