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$255,000
3 Beds 2 Baths 512761 MLS Valley Ranch Estates Ph. 2 SubDv. ACTIVE Status
Situated on a generous 0.20-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, as well as high quality zebra blinds. It’s move-in ready, no extra work required. Don’t miss out, schedule your private tour today House .

1514 Karianna Drive, Mercedes

$154,700
3 Beds 2 Baths 512366 MLS Mercedes Original Townsite SubDv. ACTIVE Status
Welcome home to this beautifully remodeled 3-bedroom, 2-bath brick home ideally located in the heart of Mercedes! Completely updated and truly move-in ready, this home features a new roof, new A/C system, new flooring, brand-new stainless steel appliances, fresh interior and exterior paint throughout, and much more! Enjoy the convenience of being just minutes from Downtown Mercedes and Business 83, with easy access to the Rio Grande Valley Premium Outlets and the desirable South Texas ISD Science Academy. Centrally located with a direct drive to Harlingen, Brownsville, and McAllen, making commuting throughout the Rio Grande Valley a breeze. With its extensive updates, solid brick construction, and convenient location, this home is ready for its new owners!

1138 S Illinois Street, Mercedes

$155,000
6 Beds 6 Baths 510807 MLS Wes-Mer SubDv. ACTIVE Status
INVESTMENT OPPORTUNITY just outside Mercedes! If you have been looking for maximum square footage at a price that leaves room for your vision, take a closer look. Offering approximately 3,123 sq. ft., this spacious 2 story property features 6 bedrooms, 5 full baths, 1 half bath, 3 living areas, and multiple porches on nearly 1/4 acre. Located approximately 3 miles from new business development in a growing area, location adds another layer of potential. Inside, generous rooms and multiple gathering spaces create a flexible layout. Outside, enjoy mature shade trees, a fenced backyard, and covered outdoor areas. Priced at $155,000 with its current condition in mind, this property is positioned for investors, renovators, or buyers who recognize the value of space and potential. 6 bedrooms. 5.5 baths. 3,123 sq. ft. $155,000. Bring your vision!

4210 Truman Street, Mercedes

$239,999
3 Beds 2 Baths 512197 MLS Mid-Valley Meadows Ph 2 SubDv. ACTIVE Status
Beautiful Open-Concept Home in Mercedes, Tx. Welcome to this stunning modern home featuring a spacious open floor plan with plenty of natural light throughout. The inviting living area flows seamlessly into the kitchen and dining space, making it perfect for both entertaining and everyday living. The kitchen is a true centerpiece, complete with a large island featuring a built-in sink, gorgeous granite countertops, and ample cabinetry. This thoughtfully designed split-bedroom layout offers privacy and comfort. The primary suite includes a generous walk-in closet, a double-sink vanity with a sleek full-wall mirror, a private commode, and stylish finishes. Ceramic tile flooring throughout the home for easy maintenance and spacious bedrooms with plenty of closet space. The large backyard is perfect for outdoor living, gardening, or family gatherings. This stone-accented façade with a 2-car garage is located across the expressway from the Rio Grande Valley Premium Outlets. Don't miss out!!

213 Aaron Street, Mercedes

$439,000
511185 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. Fourplex is located on a corner lot giving large backyards creating a tenant appeal. 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.

1015 Starr Street, Mercedes

$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

$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

$45,000
511272 MLS Capisallo Park SubDv. ACTIVE Status
LOT FOR SALE—EXISTING STRUCTURE HAS NO VALUE. Seller Financing Available - Opportunity to purchase a 7,200-square-foot residential lot at 10922 Compadres St. in Mercedes. The property contains a former duplex structure that is severely deteriorated, is not habitable, and will need to be demolished by the buyer before future construction. The existing building is being assigned no value. Utilities are reported to be available, providing a potential head start for a new homesite or investment project; buyer to independently verify utility availability, condition, capacity, zoning, permitted use, and construction requirements. Convenient Mid-Valley location with access to Mercedes, Weslaco, Interstate 2, schools, shopping, dining, and the Rio Grande Valley Premium Outlets. The adjoining property at 10918 Compadres St. is also available separately for $45,000, offering buyers the opportunity to purchase both neighboring lots. Do not enter the existing structure.

10922 Compadres Street, Mercedes

$45,000
511259 MLS Capisallo Park SubDv. ACTIVE Status
LOT FOR SALE—EXISTING STRUCTURE HAS NO VALUE. Seller Financing Available - Opportunity to purchase an approximately 0.17-acre residential lot at 10918 Compadres St. in Mercedes. The existing building is in severely deteriorated condition, cannot be rehabilitated, and will need to be demolished by the buyer to make way for future construction. Utility connections are reported to be available, offering a head start for a future homesite or investment project; buyer to independently verify utility capacity, availability, building requirements, and permitted use. Conveniently situated in the Mid-Valley with access to Mercedes schools, shopping, dining, Interstate 2, and the Rio Grande Valley Premium Outlets. The adjoining property at 10922 Compadres St. is also offered separately for $45,000, creating an opportunity to purchase both properties and expand the overall site. DO NOT ENTER EXISTING STRUCTURE.

10918 Compadres Street, Mercedes

$75,000
3 Beds 1 Baths 510804 MLS Mercedes Original Townsite SubDv. ACTIVE Status
Investment Opportunity with Great Potential! This 2-bedroom, 1-bath home is situated on a generously sized lot in a convenient location near the Rio Grande Valley Livestock Show Grounds, shopping, dining, schools, and everyday amenities. Whether you’re an investor searching for your next project, a flipper, or a buyer looking to renovate and make it your own, this property offers incredible potential. The spacious lot provides plenty of room for outdoor living, future improvements, or expansion (subject to local regulations). Bring your vision and transform this property into a valuable asset. Opportunities like this don’t come around often—schedule your private showing today!

932 S Georgia Avenue, Mercedes

$55,000
509910 MLS Hacienda Olivia Ph. 2 SubDv. ACTIVE Status
Build Your Dream Home at Hacienda Olivia in Mercedes, TX! Discover the perfect place to build your future in Hacienda Olivia, a growing subdivision designed for comfortable, modern living. Conveniently located directly across from Mercedes High School with quick access to Expressway 83, this community offers the ideal balance of tranquility and convenience. Enjoy being just minutes from schools, shopping, dining, and everyday essentials. Whether you're a first-time homebuyer ready to build your dream home or an investor looking for an excellent opportunity, this residential lot is ready for your vision. Don't miss your chance to become part of one of Mercedes' newest and most desirable communities!

1601 Amanda Street, Mercedes

$55,000
509899 MLS Hacienda Olivia Ph. 2 SubDv. ACTIVE Status
Build Your Dream Home at Hacienda Olivia in Mercedes, TX! Discover the perfect place to build your future in Hacienda Olivia, a growing subdivision designed for comfortable, modern living. Conveniently located directly across from Mercedes High School with quick access to Expressway 83, this community offers the ideal balance of tranquility and convenience. Enjoy being just minutes from schools, shopping, dining, and everyday essentials. Whether you're a first-time homebuyer ready to build your dream home or an investor looking for an excellent opportunity, this residential lot is ready for your vision. Don't miss your chance to become part of one of Mercedes' newest and most desirable communities!

1517 Amanda Street, Mercedes

$18,000,000
509731 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. Complete financial package, rent roll, and additional due diligence materials available upon request.

1514 Hope Street, Mercedes