$455,000

1002 E Starr St Mercedes, TX 78570

Estimated payment $3,473/month

Total Views 326
-- Bed
-- Bath
4,260 Sq Ft
$107 Price per Sq Ft

Highlights

  • No HOA
  • Walk-In Closet
  • Laundry closet
  • Double Pane Windows
  • Patio
  • Tile Flooring

About This Home

FULLY LEASED INVESTMENT OPPORTUNITY! This modern fourplex is perfectly located just seconds from the Expressway and only minutes from the Rio Grande Valley Premium Outlets, offering unbeatable convenience and steady income! Each unit showcases a modern open-concept floor plan with elegant wood-look tile flooring throughout. The kitchen features custom ceiling-height cabinetry, quartz countertops, and a large island with ample storage—ideal for today’s renters who value both style and function. Spacious bedrooms come with large closets, and each primary suite offers a generous bathroom and walk-in closet. Every unit enjoys its own private fenced backyard. Appliances include a refrigerator, stove, microwave, washer, and dryer in every unit. The property also offers 8 covered parking spaces, and tenants are responsible for their own utilities. Whether you’re a seasoned investor or just starting your portfolio, this turnkey property provides immediate cash flow and long-term stability.

Listing Agent

Bryanna Hernandez

Imperio Real Estate Llc Listed on: 11/11/2025

Imperio Real Estate Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,899

Year Built

  • Built in 2023

Lot Details

  • 10,250 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

Parking

  • 8 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,260 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Hinojosa Elementary School
  • Sgt. Manuel Chacon Middle School
  • Mercedes High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number D165000000001500

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Dawson Estates Subdivision

Building Details

  • Insurance Expense $1,800
  • Maintenance Expense $1,440
  • Gross Income $50,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,899

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Directions: Head East on Expressway 83. Exit 164 to Mile 1 E Rd. Turn Right on Dawson Rd. Subdivision will be on the left. Building is almost to the end of the street to your left. On GPS please put 700 Dawson Rd, Mercedes, TX 78570 and it will take you to subdivision.
  • Year Built: 2023
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2353
  • Road Surface Type: Paved
  • Subdivision Name: Dawson Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
  • Flooring: Tile
  • Living Area: 4260
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Walk-In Closet(s), Washer
  • Fencing: Wood
  • Lot Features: Sidewalks
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: Hinojosa
  • High School: Mercedes H.S.
  • Junior High Dist: Mercedes ISD
  • Middle Or Junior School: Sgt. Manuel Chacon

Lot Info

  • Lot Size Sq Ft: 10250.1036
  • Parcel #: D165000000001500

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 12899

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 50340
  • Insurance Expense: 1800

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2025 11/11/25 For Sale $455,000 -- $107 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 485986

Greater McAllen Association of REALTORS®
Texas Hidalgo County Mercedes 78570

1002 E Starr St, Mercedes, TX

For Sale

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Bryanna Hernandez
Listing Agent
Bryanna Hernandez
Section Image
Imperio Real Estate Llc
(956) 952-7257