Seller's Agent in 2025
Ramiro Ramirez
Exp Realty Llc
(956) 874-5483
11 in this area
30 Total Sales
Last list price
860 Florida St Mercedes, TX 78570
--
Bed
--
Bath
1,664
Sq Ft
9,270
Sq Ft Lot
Highlights
- No HOA
- Tile Flooring
- Ceiling Fan
- Laundry Room
- Central Heating and Cooling System
- Wood Fence
About This Home
As of August 2024**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 and central air system, 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:**
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
- Tile 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 $1,200
- Maintenance Expense $100
- Gross Income $1,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 28, 2023
Sold by
Mercedes Builders Ltd
Bought by
Rt Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Outstanding Balance
$92,217
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$244,783
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Corporation Service |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $152,000 | New Conventional |
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®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $7,468 | $270,052 | $81,510 | $188,542 |
| 2022 | $6,406 | $211,853 | $69,469 | $142,384 |
| 2021 | $5,161 | $169,267 | $55,575 | $113,692 |
| 2020 | $3,842 | $131,300 | $55,575 | $75,725 |
| 2019 | $3,935 | $130,000 | $55,575 | $74,425 |
| 2018 | $3,913 | $128,951 | $55,575 | $73,376 |
| 2017 | $3,926 | $128,951 | $55,575 | $73,376 |
| 2016 | $3,000 | $98,544 | $30,566 | $67,978 |
| 2015 | $2,675 | $87,424 | $30,566 | $56,858 |
Source: Public Records
Agents Affiliated with this Home
-
Ramiro Ramirez
Map
Source: Greater McAllen Association of REALTORS®
MLS Number: 415670
APN: E0700-00-002-0002-00
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.
Nearby Homes
- 105 E 10th St
- 801 Iowa St
- TBD S Capisallo Rd
- 1044 S Florida St
- 615 Iowa St
- 700 Nevada Ave
- 949 S Texas Ave
- 2600 Brown St
- 2508 Brown St
- 2516 Brown St
- 2816 Brown St
- 2809 Brown St
- 1242 S Missouri Ave
- 837 S Virginia Ave
- 1 2nd St
- 705 Alexandria Ave
- 709 Alexandria Ave
- 1710 Karianna Dr
- 1708 Karianna Dr
- 1802 Karianna Dr