$470,000
$10K PRICE DROP

1014 E Starr St Mercedes, TX 78570

Estimated payment $3,471/month

Total Views 3,683
-- Bed
-- Bath
4,050 Sq Ft
$116 Price per Sq Ft

Highlights

  • Walk-In Closet
  • Tile Flooring
  • Ceiling Fan
  • Laundry closet
  • Central Heating and Cooling System
  • Privacy Fence

About This Home

New Fourplex located seconds away from Expressway and minutes away from the Rio Grande Valley Premium Outlets!! Modern open concept floorplan with wood like tile throughout. Kitchen with custom ceiling high cabinets with modern quartz and island with lots of cabinet space. Spacious bedrooms with large closets. Large master bedroom with large bathroom and large closet. All units have their own private fenced backyard. Every unit has a new refrigerator, stove, microwave included as well as washer and dryer. The fourplex has 8 Carport Spaces. Future Tenants will pay their own utilities. This is a Great Investment Opportunity, Immediate Cash Flow!

Listing Agent

Bryanna Hernandez

Imperio Real Estate Llc Listed on: 11/05/2024

Imperio Real Estate Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,500

Year Built

  • Built in 2024

Lot Details

  • 0.26 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Sprinkler System

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,050 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Eco-Friendly Details

  • Energy-Efficient Thermostat

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 D165000000001200

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Buildings
  • 4 Units
  • Dawson Estates Subdivision

Building Details

  • Insurance Expense $1,700
  • Maintenance Expense $600
  • Gross Income $46,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,500

Year Built

Built in 2024

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: 2024
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2591
  • Road Surface Type: Paved
  • Subdivision Name: Dawson Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Attic Fans, Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Water Heater (Laundry Room), Water Heater (Other Location), Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Flooring: Tile
  • Living Area: 4050

Exterior Features

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

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage, Other Garage or Carport
  • Total Parking Spaces: 8

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Amenities: Property Owners' Assoc.
  • 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: 11286.8316
  • Parcel #: D165000000001200

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10500

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 46180
  • Insurance Expense: 1700

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 Change Sq Ft Price
05/14/2025 05/14/25 Price Changed $470,000 0.0% $116 / Sq Ft
05/14/2025 05/14/25 For Sale $470,000 0.0% $116 / Sq Ft
02/11/2025 02/11/25 Price Changed $470,000 -2.1% $116 / Sq Ft
11/05/2024 11/05/24 For Sale $480,000 -5.9% $119 / Sq Ft
10/06/2024 10/06/24 Off Market -- -- --
05/15/2024 05/15/24 For Sale $510,000 -- $126 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 452772

Greater McAllen Association of REALTORS®