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1514 Hope  Street, 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

1514 Hope  Drive, 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

E Expressway 83  Highway, Mercedes
$3,245,225
493157 MLS
Located at the northwest corner of E Expressway 83 and Mile 2½ East in Mercedes, Texas, this ±5.96-acre commercial site offers exceptional visibility, frontage, and access along one of the Rio Grande Valley’s primary traffic corridors. Zoned B-Business, the property allows a broad range of commercial uses and is well-suited for build-to-suit, single-tenant, or multi-tenant retail development. Utilities are in place, with water available from North Alamo Water and the City of Mercedes, a 12-inch water line extending to the adjacent Southern Tires property, and sewer service via an existing lift station at the northwest corner. The site is surrounded by established commercial and residential development, providing a strong foundation for long-term commercial investment. Price is $12.50 psf. x (259,618 Total SF)= List Price

E Expressway 83 Highway, Mercedes

9001 E Expressway 83, Mercedes
$3,163,545
517388 MLS
This ±5.81-acre corner commercial site offers excellent visibility and frontage along Expressway 83 in Mercedes, Texas. Positioned between freeway entrance and exit ramps, the property provides convenient highway access and connectivity to both the eastern and western portions of the Rio Grande Valley. The site is well-suited for retail, commercial, or build-to-suit development. The property features existing utilities, three warehouses, two previously approved entrances, and an income-producing LAMAR billboard lease. Surrounded by established commercial and residential development, the site presents an attractive opportunity for investors and developers seeking a centrally located commercial property with strong development potential.

9001 E Expressway 83, Mercedes

7030 Mile 2 3/4 E, Mercedes
$2,400,000
7 Beds ⋅ 8 Baths ⋅ 507058 MLS
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

TBD S Capisallo  Road, Mercedes
$2,200,000
514604 MLS
This prime 136-acre development site is located in South Mercedes off South Capisallo Road, in the fast-growing Mid-Valley region of the Rio Grande Valley. With strong population growth and expanding job opportunities, the area continues to attract investors and developers seeking long-term potential. Strategically positioned between Hidalgo and Cameron Counties, the property offers excellent regional access and connectivity. The tract features a functional layout with utilities available at the boundary, helping simplify the development process. Surrounded by canals and offering multiple drainage access points, this site provides added flexibility for planning and infrastructure. With its ideal location, development-ready status, and strong growth market, this property presents an outstanding opportunity for investors and developers.

TBD S Capisallo Road, Mercedes

330 Mile 1 E Road, Mercedes
$1,100,000
395428 MLS
This standout 1.95-acre property at 330 N. Mile 1 RD, Mercedes, TX is an unparalleled commercial opportunity that's too good to overlook. Boasting 240 feet of expressway frontage directly on Interstate 2, this high-visibility location is zoned C-3 for General Commercial use, making it a versatile and attractive prospect for businesses and investors alike. This property's strategic positioning is not it's only selling point. Situated along a vibrant corridor, it is in close proximity to the RGV Premium Outlets, a major retail destination that pulls in over 7 million annual visitors. Moreover, the recent addition of Starbucks on the opposing corner further boosts this area's commercial potential, promising a steady stream of foot traffic that any business would covet. This hard corner real estate is prime for the taking. Whether you envision it as a thriving retail store, a trendy restaurant, or an entertainment venue, the sky is truly the limit with this opportunity.

330 Mile 1 E Road, Mercedes

4436 E Mile 13 1/2 N Road, Mercedes
$967,500
498318 MLS
This property is an excellent location for a brand-new subdivision. The land at 4436 E Mile 13½ N in Mercedes offers plenty of space for development and already has helpful features in place. Drainage canals run along the east and north sides, giving the property natural water flow and making future planning easier. The tract has about 460 feet of frontage along Mile 13½ and goes back approximately 1,265 feet, providing a deep, usable layout for streets and residential lots. Electricity is available through Magic Valley Electric Cooperative, and water service is provided by North Alamo Water Supply. Because the land is located in county jurisdiction, buyers have more flexibility than they would inside city limits. The property is also just 3,600 feet from FM 1015, offering quick access to Weslaco. With its size, location, utilities, and natural drainage, this tract is a strong choice for anyone looking to build a new residential community.

4436 E Mile 13 1/2 N Road, Mercedes

824 S Louisiana  Circle, Mercedes
$749,999
5 Beds ⋅ 10 Baths ⋅ 492171 MLS
Experience living in this magnificent mansion! This estate is situated on a sprawling 2 acre lot in the heart of the Rio Grande Valley. This property boasts a grand entrance, a formal dining room, a gourmet kitchen, a library, a game room, and a mini bar area. The master suite has immense space, a balcony, and a spa like bathroom with a jacuzzi and a steam shower. The backyard is an entertainers dream with a private separate guest house, sparkling pool, a cabana, a barbecue area, and a fire pit. The property also has a 4 car carport, a circular driveway, security system, and your very own wine cellar. The mansion is conveniently located close to major highways, shopping centers, and airport. Weslaco ISD and The award winning STEM South Texas ISD are a few of the options for the young ones to attend. Schedule your private showing today!

824 S Louisiana Circle, Mercedes

540 N Texas  Avenue, Mercedes
$699,000
470907 MLS
This excellent 0.53 acre corner site is located at the corner of Expressway 83 (I-2), Texas Avenue, and FM 491, one of the busiest intersections in the area. Expressway 83 is major highway that connects travelers from Cameron County to Starr County. Texas Avenue is Mercedes’ main road and the city’s main commercial corridor, and FM 491 carries travelers to and from the Elsa/Edcouch area. The site is located on the North side of the expressway, at the entrance of the Rio Grande Valley livestock show and sees over 84,000 vehicles per day at the crux of its three roadway intersection. Due to the expanding nature of this area, land here has seen consistent value growth as commercial demand and viability continues to increase. That being said, this site is located in a strategic and ideal location in this upcoming trade area, giving it a unique and strong position in its submarket.

540 N Texas Avenue, Mercedes

TBD000 N Mile 1 1/2 W, Mercedes
$597,000
511453 MLS
DEVELOPMENT OPPORTUNITY – ONLY $29,880 PER ACRE! Discover 19.98± acres consisting of three adjoining 6.66± acre tracts being sold together! An excellent opportunity for investors, builders, and developers looking to establish a residential subdivision or explore other development possibilities, subject to applicable approvals. Conveniently located approximately 15 minutes from Mercedes Premium Outlets, Rio Grande Valley Livestock Showgrounds, and Expressway 83. The land has been leveled, with over $7,000 invested in improvements and supporting documentation from the State Conservation Board. Three separate Property IDs offered together as one 19.98± acre package. Don't miss this opportunity to acquire nearly 20 acres at an attractive price of just $29,880 per acre! See Property IDs 570174 and 570172.

TBD000 N Mile 1 1/2 W, Mercedes

1015 Starr  Street, Mercedes
$439,000
511185 MLS
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

1011 Starr  Street, Mercedes
$439,000
511184 MLS
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

810 Starr  Street, Mercedes
$439,000
486403 MLS
INVESTMENT OPPORTUNITY! This modern fourplex is perfectly located just seconds from the Expressway and only minutes from the Rio Grande Valley Premium Outlets, offering unbeatable convenience and steady income! Each unit showcases a modern open-concept floor plan with elegant wood-look tile flooring throughout. The kitchen features custom ceiling-height cabinetry, quartz countertops, and a large island with ample storage—ideal for today’s renters who value both style and function. Spacious bedrooms come with large closets, and each primary suite offers a generous bathroom and walk-in closet. Every unit enjoys its own private fenced backyard. Appliances include a refrigerator, stove, microwave, washer, and dryer in every unit. The property also offers 8 covered parking spaces, and tenants are responsible for their own utilities. Whether you’re a seasoned investor or just starting your portfolio, this turnkey property provides immediate cash flow and long-term stability.

810 Starr Street, Mercedes

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