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$45,000
511259 MLS
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
$45,000
29778380 MLS
LOT FOR SALE—EXISTING STRUCTURE HAS NO VALUE. 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 St, Mercedes
$75,000
3 Beds ⋅ 1 Baths ⋅ 510804 MLS
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
$117,000
3 Beds ⋅ 1 Baths ⋅ 510290 MLS
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
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
$41,900
29778256 MLS
Spacious residential lots in Valley Ranch Estates Phase II now available! This subdivision is conveniently located in close proximity to the entire Rio Grande Valley in Mercedes, Tx in close range to RGV Premium outlets as well. Come select your lot today !! Minimum 1000 sq ft single residence, 1 car garage

Lot 59 Karianna Dr, Mercedes
$56,000
29778190 MLS
Spacious CORNER LOT in Valley Ranch Estates Phase II now available! This subdivision is conveniently located in close proximity to the entire Rio Grande Valley in Mercedes, Tx in close range to RGV Premium outlets as well. Come select your lot today !! Minimum 1000 sq ft single residence, 1 car garage

Lot 30 Alyssa Dr, Mercedes
$41,900
29778188 MLS
Spacious residential lots in Valley Ranch Estates Phase II now available! This subdivision is conveniently located in close proximity to the entire Rio Grande Valley in Mercedes, Tx in close range to RGV Premium outlets as well. Come select your lot today !! Minimum 1000 sq ft single residence, 1 car garage

Lot 58 Karianna Dr, Mercedes
$325,000
510418 MLS
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
$174,500
3 Beds ⋅ 2 Baths ⋅ 29778150 MLS
Great opportunity in Mercedes! This charming single-family home located at 825 Alexandria Ave features a functional layout offering comfort and style at an affordable price point. Perfectly suited for first-time homebuyers or those looking to downsize. Conveniently situated with easy access to local schools, dining, and main thoroughfares. Don't miss out on this fantastic home—schedule your showing today!

825 Alexandria Ave, Mercedes
$500,000
510286 MLS
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
$70,000
510270 MLS
Prime Corner Lot Opportunity In a GREAT Location! Build your dream home or next investment on this spacious 0.5-acre corner lot located in a desirable area with room to bring your vision to life. No HOA, No restrictions & A foundation already in place, providing a valuable head start for your build, and blueprints are available to help streamline the process. Whether you're a homeowner ready to build or an investor looking for your next project, this property offers endless potential. Don't miss your chance to own a prime piece of land that's ready for its next chapter!

2306 Olmo Lane, Mercedes
$160,000
3 Beds ⋅ 2 Baths ⋅ 510114 MLS
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
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
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
$55,000
509910 MLS
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
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
$70,000
2 Beds ⋅ 1 Baths ⋅ 509812 MLS
Great opportunity in Mercedes! This 2-bedroom, 1-bath home sits on a 0.13-acre lot and offers an open living, dining, and kitchen layout with laminate flooring and plenty of potential. The property features a long driveway, covered parking, and a backyard that backs up to a wooded area for added privacy. Conveniently located near FM 491, Expressway 83, schools, and shopping. Priced at $70,000, this is an excellent opportunity for investors or buyers looking to add their personal touch. Property is being sold as-is.

1517 Beefmaster Street, Mercedes
$70,000
2 Beds ⋅ 1 Baths ⋅ 29778025 MLS
Great opportunity in Mercedes! This 2-bedroom, 1-bath home sits on a 0.13-acre lot and offers an open living, dining, and kitchen layout with laminate flooring and plenty of potential. The property features a long driveway, covered parking, and a backyard that backs up to a wooded area for added privacy. Conveniently located near FM 491, Expressway 83, schools, and shopping. Priced at $70,000, this is an excellent opportunity for investors or buyers looking to add their personal touch. Property is being sold as-is.

1517 Beefmaster Rd, Mercedes
$18,000,000
509731 MLS
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
$48,000
509724 MLS
Residential lot located in an established subdivision in the city of Mercedes. At approximately 9,000 sq.ft, this lot is ready for your new construction! It is located within short distance access to Expressway and nearby schools.

1233 S Washington Avenue, Mercedes
$65,000
508890 MLS
A0800-00-000-1087-00 ADAMS TRACT E4.39AC AN IRR TR-FT 1087 Info on HCAD This is the correction information; Subdivision; CIELO AZUL UT NO #2 Being 0.24 AC of Land out of Farm 1088. The West & Adams Tract Subdivision, Hidalgo County, TX Recorded in Volume 2 Page 34-37 Map Records of Hidalgo County, TX, being out of Tract of Land Described in Document no 2443931

000 Mile 2 1/2 N Street, Mercedes
$65,000
508892 MLS
A0800-00-000-1087-00 ADAMS TRACT E4.39AC AN IRR TR-FT 1087 Info on HCAD This is the correction information; Subdivision; CIELO AZUL UT NO #2 Being 0.24 AC of Land out of Farm 1088. The West & Adams Tract Subdivision, Hidalgo County, TX Recorded in Volume 2 Page 34-37 Map Records of Hidalgo County, TX, being out of Tract of Land Described in Document no 2443931

0000 Mile 2 1/2 Street, Mercedes
$344,000
4 Beds ⋅ 3 Baths ⋅ 509684 MLS
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
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
$119,000
1 Baths ⋅ 509375 MLS
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
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
$47,500
509240 MLS
Seller Financing available with only $1,810 ($1,000 down payment & $810 closing costs) payment @ 15% interest for 15 years.

1673 Blanca Street, Mercedes
$45,500
509244 MLS
Seller Financing available with only $1,810 ($1,000 down payment + $810.00 closing costs) @ 15% interest for 15 years.

95 Derrick Avenue, Mercedes
$495,000
4 Beds ⋅ 4 Baths ⋅ 509049 MLS
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