$223,000
$6K PRICE DROP

860 Florida St Mercedes, TX 78570

Estimated payment $1,482/month

Total Views 4,225
-- Bed
-- Bath
1,664 Sq Ft
$134 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Wood Fence
  • Laundry Room
  • Ceiling Fan
  • 1-Story Property

About This Home

**Exceptional Duplex Opportunity! Your Ideal Investment Awaits!**
Welcome to your prime duplex! This property is not just a home; it's a smart investment opportunity set in a great neighborhood. With a brand-new roof, new central air systems, and new updated floors this duplex offers both comfort and style.
**New Roof, New Central Air:** Enjoy worry-free living with the assurance of a recently upgraded roof and a state-of-the-art central air system, ensuring your comfort in all seasons.
Classic Brick Exterior:** The timeless charm of brick not only enhances the curb appeal but also speaks of enduring quality and aesthetics.
Investment Potential:** This property is not just a home; it's a wise investment. With the option to live in one unit and rent out the other, you can enjoy dual benefits – a cozy living space and a steady rental income.
Convenient Location:**

Listing Agent

Ramiro Ramirez

Exp Realty Llc Listed on: 10/05/2024

Exp Realty Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1992

Lot Details

  • 9,270 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Electric Range

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

  • Jfk Elementary School
  • Mercedes Junior High
  • Mercedes High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number E070000002000200

Community Details

Overview

  • No Home Owners Association
  • East Mercedes Subdivision

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,200

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Directions: Head east on I-2 4.8 mi Take exit 163B toward FM 491/Texas Ave 0.3 mi Merge onto W Expy 83/Frontage Rd/U.S. 83 Frontage Rd S 489 ft Use the right lane to stay on W Expy 83/Frontage Rd/U.S. 83 Frontage Rd S 266 ft Turn right at the 1st cross street onto N Texas Ave 0.6 mi Turn left onto W 5th St 0.3 mi Turn right onto Florida Ave Destination is on the left
  • Year Built: 1992
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2128
  • Road Surface Type: Paved
  • Subdivision Name: East Mercedes
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 2000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Stove/Range-Electric Coil
  • Flooring: Laminate
  • Living Area: 1664

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Chain Link, Wood
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: Other Garage or Carport

Utilities

  • Laundry Features: Laundry Room, Washer/Dryer Connection
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: None, Street Lights
  • Association: No

Schools

  • Elementary School: JFK
  • High School: Mercedes H.S.
  • Junior High Dist: Mercedes ISD
  • Middle Or Junior School: Mercedes Junior High

Lot Info

  • Lot Size Sq Ft: 9270.0036
  • Parcel #: E070000002000200

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3200

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 2
  • Insurance Expense: 1500

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
07/05/2025 07/05/25 Price Changed $223,000 0.0% $134 / Sq Ft
06/25/2025 06/25/25 For Rent $875 0.0% --
06/12/2025 06/12/25 Price Changed $224,000 +4.7% $135 / Sq Ft
04/18/2025 04/18/25 Price Changed $214,000 -0.4% $129 / Sq Ft
02/17/2025 02/17/25 Price Changed $214,900 -1.9% $129 / Sq Ft
01/31/2025 01/31/25 Price Changed $219,000 -2.7% $132 / Sq Ft
11/07/2024 11/07/24 Price Changed $225,000 -1.3% $135 / Sq Ft
10/19/2024 10/19/24 Price Changed $228,000 -0.4% $137 / Sq Ft
10/05/2024 10/05/24 For Sale $229,000 +8.0% $138 / Sq Ft
08/02/2024 08/02/24 Sold -- -- --
06/03/2024 06/03/24 Pending -- -- --
03/22/2024 03/22/24 Price Changed $212,000 -0.9% $127 / Sq Ft
03/06/2024 03/06/24 Price Changed $214,000 -0.5% $129 / Sq Ft
01/29/2024 01/29/24 Price Changed $215,000 -1.8% $129 / Sq Ft
12/11/2023 12/11/23 Price Changed $219,000 -2.2% $132 / Sq Ft
11/29/2023 11/29/23 Price Changed $224,000 -2.2% $135 / Sq Ft
10/12/2023 10/12/23 For Sale $229,000 -- $138 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 450868

Greater McAllen Association of REALTORS®