837 Heidrick Ave Mercedes, TX 78570
Estimated payment $1,204/month
Total Views
234,657
--
Bed
--
Bath
1,370
Sq Ft
$160
Price per Sq Ft
Highlights
- No HOA
- Laundry Room
- ENERGY STAR Qualified Appliances
- Walk-In Closet
- Porcelain Tile
- Central Heating and Cooling System
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $447
Year Built
- Built in 2024
Lot Details
- 4,251 Sq Ft Lot
- Wood Fence
Parking
- No Garage
Home Design
- Duplex
- Slab Foundation
- Composition Shingle Roof
- Siding
Interior Spaces
- Walk-In Closet
- 1,370 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Porcelain Tile
Kitchen
- Electric Cooktop
- Microwave
- ENERGY STAR Qualified Appliances
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Taylor 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 G080000008002400
Community Details
Overview
- No Home Owners Association
- Garden Park Subdivision
Building Details
- Insurance Expense $700
- Gross Income $1,800
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $454 | $152,211 | $16,150 | $136,061 |
| 2024 | $454 | $16,150 | $16,150 | -- |
| 2023 | $447 | $16,150 | $16,150 | $0 |
| 2022 | $488 | $16,150 | $16,150 | $0 |
| 2021 | $492 | $16,150 | $16,150 | $0 |
| 2020 | $473 | $16,150 | $16,150 | $0 |
| 2019 | $489 | $16,150 | $16,150 | $0 |
| 2018 | $213 | $7,013 | $7,013 | $0 |
| 2017 | $214 | $7,013 | $7,013 | $0 |
| 2016 | $214 | $7,013 | $7,013 | $0 |
| 2015 | $215 | $7,013 | $7,013 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2025 03/29/25 | Price Changed | $219,000 | -2.7% | $160 / Sq Ft |
| 11/05/2024 11/05/24 | For Sale | $225,000 | 0.0% | $164 / Sq Ft |
| 09/04/2024 09/04/24 | For Rent | $900 | -- | -- |
Source: Greater McAllen Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | White Star Title |
Source: Public Records
About the Listing Agent
Margiee Fender is a lTexas Licensed Real Estate Agent with Medina Real Estate in Weslaco, TX and the nearby area, providing homebuyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home, so it sells? Give Margie a call! She is eager to help and would love to talk to you! www.margiee.com
Margiee's Other Listings
Source: Greater McAllen Association of REALTORS®
MLS Number: 453063
APN: G0800-00-008-0024-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.
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