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$500,000
510286 MLS ⋅ Capisallo SubDv. ⋅ ACTIVE Status
Prime 1 Acer Commercial opportinuty in Mercedes, TX! Ideally located behind the Rio Grand Valley Premium Outlets with excellent access and outstanding commercial development potential. Exisiting vacant residential structure will be removed prior to closing. Property is behind sold for land value and is ideal for retail, office, restaurant, medical or other commercial development. Conveniently located near Expressway 83 in a rapidly growing area.

4801 Mile 8 N Road, 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
$530,000
504942 MLS ⋅ Expressway Acres SubDv. ⋅ ACTIVE Status
EXCELLENT COMMERCIAL/RESIDENTIAL MIXED-USE INVESTMENT OPPORTUNITY LOCATED JUST OFF EXPRESSWAY 83. The first floor offers approximately 1,287 SF of commercial space, currently occupied by an insurance agency. The seller may be open to a leaseback arrangement, providing potential for continued occupancy and stable income. The upper two floors feature approximately 2,282 SF of residential space currently operated as a successful Airbnb. The residential portion includes 4 bedrooms, 2 bathrooms, two living areas, a kitchen, and a dining area. The unit is frequently booked and generates approximately $3,500 in monthly revenue. This well-maintained and solidly constructed property offers multiple income streams in a high-visibility, high-traffic location. Ideal for investors or owner-users seeking a versatile asset with both commercial and short-term rental potential. If you need additional land the vacant LOT 12 right next door (.21 acres) is also listed for sale, MLS#502153.

1741 E Expressway 83, Mercedes
$599,000
2 Beds ⋅ 1 Baths ⋅ 503016 MLS ⋅ Capisallo SubDv. ⋅ ACTIVE Status
Investment Opportunity:Two Tracts, Nearly 5 Acres, One Residential Home, One Price. This includes a 796 sf home with 2 bedrooms on 2.45 acres, plus additional 2.45 ag use giving buyers appox. 4.9 acres total. Property is perfect for anyone who wants to live in the country but close enough to drive into town.

8105 Mile 2 1/2 E Road, Mercedes
$510,000
494892 MLS ⋅ Summer Breeze SubDv. ⋅ ACTIVE Status
Brand-new fourplex in Mercedes, TX—fully built and rent-ready. Each unit offers a modern aesthetic, efficient layout, and quality finishes designed for low-maintenance, contemporary living. Located just two minutes from Expressway 83 with quick access while still situated in a quiet neighborhood near the Livestock Show Grounds and the Rio Grande Valley Outlets. All four units feature spacious 3-bedroom, 2-bath layouts with single-family-style comfort and privacy. Appliances and carports included, making this an ideal turnkey opportunity for investors or owner-occupants. Take advantage of low pricing now! Pricing set to increase by Q4 2026.

105 E Royal Palm Drive, Mercedes
$579,000
481128 MLS ⋅ Capisallo District SubDv. ⋅ ACTIVE Status
Great Location! Ready to be developed! Close to Outlet Mall, Expressway, schools

Mile 3 E Street, Mercedes
$600,000
413109 MLS ⋅ Capisallo SubDv. ⋅ ACTIVE Status
Excellent land in Mercedes, TX that currently has corn, grain, and cotton. Land is irrigated and is suitable for subdevelopment.

N Mile 1 1/2 E, Mercedes