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$439,000
511184 MLS ⋅ Dawson Estates SubDv. ⋅ ACTIVE Status
Prime investment opportunity in a highly convenient Mercedes location! Modern design, tenant-friendly features, and strong income potential come together in this attractive fourplex just moments from the expressway and minutes from the Rio Grande Valley Premium Outlets. Featuring a desirable mix of 2- and 3-bedroom residences, each unit offers 2 full bathrooms and an inviting open-concept layout. Interiors include wood-look tile flooring, spacious bedrooms, walk-in closets, and stylish kitchens with quartz countertops, custom cabinetry, and generous storage. Refrigerators, stoves, washers and dryers, private fenced backyards, and 8 covered carport spaces add everyday convenience. With tenant-paid utilities and a location close to shopping, dining, and major roadways, this property offers an appealing combination of immediate income potential and long-term investment value.

1011 Starr Street, Mercedes
$210,000
3 Beds ⋅ 2 Baths ⋅ 511820 MLS ⋅ Mile 2 East Meadows SubDv. ⋅ ACTIVE Status
Now Available – New Construction Home! Be the first to own this beautiful new construction home located in a brand-new subdivision just north of the Mercedes Outlets. Designed with a unique architectural style, this affordable and cozy home is sure to make a lasting impression. Enjoy an open-concept layout that's perfect for entertaining and everyday living. Step outside to a good size yard; ideal space for gatherings, pets, or relaxing outdoors. Don't miss this opportunity to own a stylish new home in a growing community. Schedule your private showing today!

2038 Parker Road, Mercedes
$180,000
511702 MLS ⋅ Colonia Garza SubDv. ⋅ ACTIVE Status
2 spacious homes Duplex for investors. Unit one is 3 story Center block/concrete strong built and is split up into 4 units fully equipped with 4 kitchens, 4 bathrooms, and 4 separate bedrooms; all share one electricity meter with paid for solar panels and one water meter. This home is great to lease out separate units or for large family with in-laws or grown children that can have their own private place, or possibly rent out. Unit 2 is a 4 bedroom 2 bath wood frame home on piers, with separate fence and driveway large enough for 4-5 vehicles each unit. All livable except it does need lots of cosmetic repairs/improvements and proper Central Air systems which all cash is preferred. The larger Concrete Unit was started in 1996 and finished in 2021 and the smaller frame wood was built in 1970 as per Hidalgo County appraisal district. Schedule your showings today.

622 Gillman Avenue, Mercedes
$259,000
3 Beds ⋅ 2 Baths ⋅ 511498 MLS ⋅ Vaquero Estates SubDv. ⋅ ACTIVE Status
Discover this beautiful new construction home featuring 3 bedrooms and 2 bathrooms with modern finishes throughout. The home offers a bright and comfortable layout with contemporary lighting and ceiling fans. Enjoy the convenience of a fully fenced yard and an oversized driveway with space for approximately four vehicles. The home also features an accessible front entry ramp and strategically placed electrical outlets for added functionality. The backyard offers exceptional versatility with a detached additional room featuring its own full bathroom and walk-in closet, perfect for a guest suite, home office, workspace, or additional living area. The outdoor space also includes an additional full bathroom, providing extra convenience for gatherings, entertaining, and enjoying the backyard. This unique property offers comfort, privacy, and flexible living options with great potential for today’s lifestyle. Schedule your showing today!

3989 Hoover Street, Mercedes
$420,000
511483 MLS ⋅ Jjy De Balli SubDv. ⋅ ACTIVE Status
Looking for a property with high visibility and plenty of potential? This land is strategically located along a busy, high-traffic road, making it an excellent opportunity for a variety of commercial ventures where exposure matters! Commercial Potential: Perfect for businesses looking to put their name and services directly in front of passing traffic. Agricultural Potential: The property also offers plenty of possibilities for farming, agricultural use, ranching, or other land-based opportunities. Whether you're looking to build a business, expand an operation, invest, or put the land to work, this property offers the location and flexibility to bring your vision to life. Don't miss this opportunity—contact your Realtor today for more information or to schedule a showing! *Disclaimer: Boundary lines are just for visual purposes.

5327 E Us Highway 281, Mercedes
$299,000
3 Beds ⋅ 2 Baths ⋅ 511533 MLS ⋅ Capisallo SubDv. ⋅ ACTIVE Status
Beautifully updated 3-bedroom, 2-bath home situated on a spacious 1-acre lot. Built with durable double-brick construction and topped with a classic clay tile roof, this property offers lasting quality. Inside a thoughtfully updated interior featuring refinished wood flooring, all-new cabinetry, brand-new appliances, and a new 4-ton air conditioning system for year-round comfort. The home combines modern upgrades with solid construction, making it move-in ready. Outside, the expansive acre provides plenty of room for outdoor living, gardening, or future additions. A newly installed well supplies the sprinkler system, helping maintain the landscape efficiently. The oversized 2-car garage includes a dedicated work area, perfect for hobbies, storage, or a home workshop. Schedule your viewing today!

5480 Fm 491, Mercedes
$420,000
511471 MLS ⋅ Jjy De Balli SubDv. ⋅ ACTIVE Status
Looking for a property with plenty of potential? This land is located off a busy, high-traffic road, making it an excellent opportunity for a variety of commercial ventures where exposure matters. Perfect for businesses looking for a private area off a high traffic, main road (International Blvd and Military Hwy). The property offers plenty of possibilities for farming, agricultural use, ranching, or other land-based opportunities. Whether you're looking to build a business, expand an operation, invest, or put the land to work, this property offers the location and flexibility to bring your vision to life. 10 acres can be sold individually or together (20 acres total). *Disclaimer: Boundary lines are just for visual purposes.

5440 Rancho Toluca Road, Mercedes
$117,000
3 Beds ⋅ 1 Baths ⋅ 510290 MLS ⋅ Capisallo SubDv. ⋅ ACTIVE Status
Great opportunity to own a wood-frame home situated on a spacious 0.50-acre lot in a peaceful country setting. This fixer-upper offers endless potential for investors, flippers, or buyers looking to customize a home to their own style. Bring your vision and make this property your own!

1550 Military Road, Mercedes
$259,900
510844 MLS ⋅ Mercedes Original Townsite SubDv. ⋅ ACTIVE Status
Introducing this beautifully maintained duplex, built in 2020, featuring two spacious 2-bedroom, 2-bathroom units—both currently rented and occupied. Designed with modern living in mind, each unit offers elegant wood-look tile flooring throughout for both style and easy upkeep. The kitchens shine with sleek quartz countertops and generous cabinet space. Conveniently located right off the highway, this property offers easy access for commuters and strong rental appeal. Ideal for investors or buyers seeking immediate rental income, this duplex provides flexibility and excellent income potential. Don’t miss this outstanding investment opportunity!

326 N Virginia Avenue, Mercedes
$325,000
510418 MLS ⋅ Campacuas SubDv. ⋅ ACTIVE Status
Prime acreage in the growing community of Mercedes, TX! Conveniently located just minutes from Expressway 83, this property offers excellent accessibility while providing ample space for a variety of possibilities. Whether you're looking to build, invest, or develop, this tract presents outstanding potential. Its strategic location near shopping, dining, schools, and other local amenities makes it an attractive opportunity for investors, developers, or those seeking to secure land in a rapidly growing area.

N Mile 2 1/2 W, Mercedes
$160,000
3 Beds ⋅ 2 Baths ⋅ 510114 MLS ⋅ Mercedes Gardens SubDv. ⋅ ACTIVE Status
Welcome to 3806 N Garden in Mercedes, TX. This well-maintained home offers a comfortable open floor plan with updated finishes and plenty of natural light throughout. Situated on a large lot, there's ample space for outdoor entertaining, gardening, or future improvements. Conveniently located just minutes from schools, shopping, and dining while still offering a peaceful setting. Whether you're a first-time buyer, downsizing, or looking for your next home, this property is ready for its new owners.

3806 N Garden Street, Mercedes
$125,000
510052 MLS ⋅ Capisallo SubDv. ⋅ ACTIVE Status
Peaceful country living on 1.78 acres in Mercedes, TX. This spacious tract offers plenty of room to build your dream home, add a shop, or create your own private retreat while still being a short drive from town conveniences. Owner Finance Available.

00 W Mile 10 N Street, Mercedes
$165,000
510053 MLS ⋅ Capisallo SubDv. ⋅ ACTIVE Status
Peaceful country living on 3 acres in Mercedes, TX. This spacious tract offers plenty of room to build your dream home, add a shop, or create your own private retreat while still being a short drive from town conveniences. Owner Finance Available.

00 Mile 10 N, Mercedes
$344,000
4 Beds ⋅ 3 Baths ⋅ 509684 MLS ⋅ San Jacinto Estates SubDv. ⋅ ACTIVE Status
Welcome to this beautifully designed 4-bedroom, 2.5-bath residence situated on a spacious half-acre lot in Mercedes, Texas. Offering the perfect balance of comfort and functionality, this home features an inviting open-concept layout with decorative ceilings that add elegance and architectural character throughout the main living areas. The well-appointed kitchen flows seamlessly into the dining and living spaces, making it ideal for both everyday living and entertaining. While three additional bedrooms provide ample space for family, guests, or a home office. Step outside to enjoy the expansive backyard with endless possibilities for outdoor living, a future pool, workshop, or garden. This exceptional property combines space, style, and country-like living with city convenience.

2405 Luisa Circle North, Mercedes
$17,900,000
509665 MLS ⋅ Valley Ranch SubDv. ⋅ ACTIVE Status
Institutional-quality Build-to-Rent investment opportunity in the growing Valley Ranch Estates community in Mercedes, Texas. This 81-home single-family rental portfolio is approximately 95% occupied and features a mix of 3- and 4-bedroom homes, generating approximately $1.7 million in stabilized annual gross income with an estimated NOI of $1.06 million. Ideally located just off Expressway 83 behind the Rio Grande Valley Premium Outlets, the property offers exceptional access to major retail, dining, and employers. A rare opportunity to acquire a stabilized, income-producing residential community with strong cash flow and long-term growth potentia.lComplete financial package, rent roll, and additional due diligence materials available upon request.

1514 Hope Drive, Mercedes
$215,000
3 Beds ⋅ 2 Baths ⋅ 509419 MLS ⋅ Valley Ranch Estates Ph. 2 SubDv. ⋅ PENDING Status
Situated on a generous 0.38-acre lot, this charming 3-bedroom, 2-bathroom home offers the perfect mix of comfort, space, and location. Just steps from the Mercedes, TX outlets, you’ll enjoy easy access to shopping, dining, and entertainment, all while tucked away in a quiet, residential neighborhood. Whether you’re searching for a cozy primary home or a smart investment opportunity, this property checks all the boxes. The open, inviting layout is ideal for everyday living, and the spacious yard offers endless possibilities for outdoor enjoyment or future upgrades. With appliances already included, it’s move-in ready, no extra work required. Don’t miss out, schedule your private tour todayHouse will be completed mid September. Images are artist renderings and are for approximation only. Final construction details may differ and home works a great starter home in Mercedes' most valuable location.

1710 Karianna Drive, Mercedes
$119,000
1 Baths ⋅ 509375 MLS ⋅ Llano Grande Lake Park SubDv. ⋅ ACTIVE Status
Looking for the quickest access to a sparkling pool? Welcome to 2082 Carmona East! A cozy and fully-furnished casita. A 1-bath, studio home in the heart of the 55+ Community of Llano Grande Lake Park Resort. This home features a kitchenette, a screened porch and a storage area with a washer and dryer for comfortable living. RESORT FEES includes Internet, Cable, and Water. There's more! Pickleball & tennis courts, 4 pools, library, fitness center, dog park/washing station and walking trails. Special activities at the Event center such as dances, quilting club, and more! The Golf course outside the park is an 18 hole Par 72 course with scenic view. This Casita is just steps from the North Side pool. Don't miss your chance to be part of this vibrant and active community!

2082 Carmona East Street, Mercedes
$127,000
3 Beds ⋅ 2 Baths ⋅ 508952 MLS ⋅ Maravillas Estates Ph. 4 SubDv. ⋅ ACTIVE Status
Country living with convenience close by! Situated on approx. 0.51 acres in a newer subdivision, this completely remodeled manufactured home offers the space and freedom of living outside city limits while keeping everyday essentials within easy reach. Approx. 5 minutes from the Expressway and minutes from the Rio Grande Valley Premium Outlets, RGV Livestock Show grounds, STISD Science Academy/Med High, local hardware stores, and the future Sam’s Club area. Move-in ready with granite countertops, new HVAC and water heater, updated electrical and plumbing, reinforced metal roof with 2x6 framing, new stairs, and a wheelchair-accessible ramp. The spacious lot provides plenty of room for gardening, pets, entertaining, or future improvements. A great opportunity to own a remodeled home on half an acre with quick access to shopping, schools, and major destinations!

4712 Mile 11 N Road, Mercedes
$495,000
4 Beds ⋅ 4 Baths ⋅ 509049 MLS ⋅ North Capisallo SubDv. ⋅ ACTIVE Status
BEAUTIFUL NEW CONSTRUCTION! This house features an open concept floor plan, high decorative ceilings, 4 spacious bedrooms, 3 1/2 baths. It also features plenty of cabinet space, and a gorgeous countertop island. Porcelain flooring throughout, walk in closets, and much more! Also, don't forget the Backyard which is perfect for family gatherings and has enough space for a pool! This property is located close to the expressway, and minutes away from shopping centers and restaurants. Won't last long! Schedule you're showing today!!!

4678 Mile 12 1/2 North, Mercedes
$510,000
509076 MLS ⋅ Summer Breeze SubDv. ⋅ ACTIVE Status
Excellent investment opportunity! This modern 4-plex, built in 2025, is fully leased and already generating income. The property features four spacious 3-bedroom, 2-bath units, with the front two units renting for $1,200/month and the rear two units renting for $1,150/month. Each unit includes all kitchen appliances, plus a washer and dryer, making them truly move-in ready for tenants. Additional features include modern finishes, private patio slabs, and two covered carports per unit. Whether you're looking to expand your investment portfolio or secure a turnkey income-producing property, this fully occupied 4-plex is an opportunity you won't want to miss.

108 E Armory Road, Mercedes
$2,500,000
7 Beds ⋅ 8 Baths ⋅ 507058 MLS ⋅ Bixby SubDv. ⋅ ACTIVE Status
This exceptional 22.3-acre ranch estate offers a rare combination of country living, equestrian amenities, & income-producing potential. The property features three residences, including two 2-bedroom, 2-bath homes & one 3-bedroom, 2-bath home, making it ideal for multigenerational living, guest accommodations, rental income, or a private retreat. Surrounded by mature trees & open landscapes, the ranch provides privacy, tranquility, & ample outdoor space. Equestrian buyers will appreciate the barn, 8 horse stalls, & expansive acreage suitable for horses, livestock, agricultural use, or recreation. Serviced by a private water well, enhancing its rural functionality & self-sufficiency. This versatile estate offers endless potential as a family compound, working ranch, event venue, investment property, or weekend getaway. Conveniently located in the heart of the RGV, this property presents a rare opportunity to own space, flexibility, & long-term potential in one remarkable setting.

7030 Mile 2 3/4 E, Mercedes
$185,000
506880 MLS ⋅ Capisallo SubDv. ⋅ ACTIVE Status
These 10 acres offers plenty of open land to build private homesites, establish a farm, create an outdoor recreation area, or develop an income through agriculture. There are plenty of options for the amount of land and for the price.

3370 Mile 1 1/2 E, Mercedes
$225,000
506924 MLS ⋅ Capisallo SubDv. ⋅ ACTIVE Status
Excellent opportunity in growing Mercedes. 11.03 acres with development potential, located at the corner of S Mile 1 E and Mile 6 Rd. N in Mercedes. Close proximity to the Rio Grande Valley Premium Outlets and a great site in a rapidly growing area! Wet farm, approx. 480,466 SF. Subject to City and all governmental authorities' approval, and verification of development, use, and zoning is the buyer's responsibility.

- S Mile 1 E Road, Mercedes
$310,000
507371 MLS ⋅ Justman-Frankthal SubDv. ⋅ ACTIVE Status
Prime 10-acre tract located near the intersection of Highway 281 and South international Blvd. in Mercedes, Texas. This fully fenced property offers an excellent opportunity for investors, developers, or those seeking acreage in a rapidly growing area. Conveniently situated just minutes from the Progreso International Bridge, the property provides easy access to major transportation routes, international trade corridors, and surrounding communities. Its strategic location and strong growth potential make it ideal for a variety of uses, including commercial, industrial, agricultural, or future development. Don't miss the opportunity to own land in one of the Rio Grande Valley's expanding markets.

5147 Us Highway 281, Mercedes
$225,000
3 Beds ⋅ 2 Baths ⋅ 507025 MLS ⋅ Valley Ranch Estates Ph. 2 SubDv. ⋅ PENDING Status
Beautiful new construction in Mercedes near the Rio Grande Valley Premium Outlets, shopping, dining, and easy expressway access. This 3-bedroom, 2-bath home showcases timeless architecture, high ceilings, and an open-concept floor plan designed for comfortable everyday living. The spacious interior is complemented by an oversized 8,643 sq. ft. lot, offering plenty of room to enjoy the outdoors. Complete with a one-car garage and charming curb appeal, this home delivers lasting style in a convenient location.

1807 Alyssa Drive, Mercedes
$399,000
3 Beds ⋅ 3 Baths ⋅ 506793 MLS ⋅ Afton Place SubDv. ⋅ ACTIVE Status
Welcome to this beautiful 3-bedroom, 2.5-bath home offering 2,675 square feet of comfortable living space on nearly 1 acre of land. Situated on two lots, this property provides plenty of room to spread out, entertain, and enjoy the outdoors. Inside, you'll find a spacious layout featuring a kitchen with elegant black granite countertops and ample space for gathering. The home is equipped with two A/C units for added comfort and efficiency. One of the standout features is the impressive 352-square-foot entertainment room, complete with its own refrigerator and stove. Whether you're hosting family celebrations or holiday gatherings, this dedicated space allows guests to enjoy themselves without disrupting the main living areas. Outside, you'll appreciate the 30' x 50' concrete slab located beside the home, perfect for RV parking or a future workshop. The property also includes a water well that helps irrigate the lawn, mature shade & fruit trees that add beauty and character.

1580 Florida Avenue, Mercedes
$164,900
3 Beds ⋅ 2 Baths ⋅ 506501 MLS ⋅ Mercedes Acres SubDv. ⋅ ACTIVE Status
Looking for larger lot almost 3 acres outside city limits? Well here it is! Comes with 3 bedroom and 2 bath home in need of some repairs. This property is zoned residential but has some commercial potential as there is businesses adjacent and close by; for more information on that inquire with Hidalgo County Planning & Zoning Department. Lower credit no problem, seller will finance.

5210 Mile 12 N, Mercedes
$298,000
506519 MLS ⋅ North Mercedes Heights SubDv. ⋅ ACTIVE Status
Amazing potential income producing property waiting to be capitalized on! Conveniently located off of the Expressway, close to Livestock show Grounds & town. Brand new duplex will offer its tenants 3-bedroom 2 bath with a total square living space of 1057 SqFt each. Everything your future tenants will need to live comfortably. Don't wait to make your move and start earning on these two properties in today's market!

624 N Texas Avenue, Mercedes
$289,500
3 Beds ⋅ 3 Baths ⋅ 506137 MLS ⋅ Las Palmas Del Valle SubDv. ⋅ ACTIVE Status
Spacious 3-bedroom, 2-bath home on a 0.36-acre lot in Mercedes, Texas. This inviting property, with mature trees providing welcome shade. A standout feature is the included workshop—an ideal space for storage, hobbies, or a dedicated workspace. The outdoor area offers abundant possibilities for entertaining, play, or relaxation, with ample room to grow. Key features include: new roof and new air conditioning units; new flooring throughout; fresh interior and exterior paint; fenced and gated; workshop plus a metal building with a half bath inside. Prime Mercedes location, just minutes from the expressway for easy commuting. Perfect for families, or buyers wanting a move-in-ready home with modern updates in a convenient, growing area. Don’t miss this turnkey opportunity—schedule a showing today to experience all the potential this property offers.

1954 Sabal Palm Drive, Mercedes
$185,000
505885 MLS ⋅ Capisallo SubDv. ⋅ ACTIVE Status
Endless Possibilities Await! Check out this beautiful 10-acre property—leveled, partially fenced, and ready for your vision! Whether you're dreaming of building your forever home, starting a ranch, creating a peaceful getaway, or placing a mobile home, this land offers the freedom and space to make it happen. Located in a quiet, serene area with wide-open skies and room to grow. Your dream starts here!

TBD 2 1/2 E Street, Mercedes