For sale

$179,900

10837 Palmas St, Mercedes, TX 78570

2beds

1baths

1,440sqft

$1,409/mo

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Duplex, Multi Family

Built in 1984

-- sqft lot

$-- Zestimate^®

$125/sqft

$-- HOA

What's special

Functional layout

Income-producing duplex in Mercedes, TX! This property features two 2-bedroom, 1-bath units, offering a great opportunity for investors or buyers looking to live in one unit and rent the other. One side is currently occupied, providing immediate rental income, while the other unit is vacant and ready for occupancy or lease-up. Built in 1984 and situated on a 7,200 sq ft lot, this property offers solid potential with a functional layout and room for improvements to increase value and rental income. Conveniently located near schools, shopping, and expressway access.

163 days
12
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1

Appliances

Included: Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
Laundry: None

Features

None
Flooring: Carpet, Vinyl

Interior area

Total structure area: 1,440
Total interior livable area: 1,440 sqft

Property

Parking

Total spaces: 2
Parking features: Garage Faces Side
Carport spaces: 2

Features

Patio & porch: Covered Patio
Fencing: Chain Link

Lot

Size: 7,200 Square Feet

Details

Additional structures: Outbuilding (None)
Parcel number: C150000002000900

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Stucco
Roof: Composition

Condition

Year built: 1984

Utilities & green energy

Sewer: Public Sewer

Green energy

Energy efficient items: None

Community & HOA

Community

Features: None
Subdivision: Capisallo Park

HOA

Has HOA: No

Location

Region: Mercedes

Financial & listing details

Price per square foot: $125/sqft
Tax assessed value: $84,889
Annual tax amount: $1,720
Date on market: 3/30/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$774/mo

Price history

Date	Event	Price
3/30/2026	Listed for sale	$179,900$125/sqft
Source: Greater McAllen AOR #500481 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,720 -7.4%	$84,889 -6.1%
2024	$1,857 +1.6%	$90,360
2023	$1,827 +21.6%	$90,360 +37.3%
2022	$1,503 +24.3%	$65,808 +25.7%
2021	$1,209	$52,355
2020	--	$52,355 +23.8%
2019	$937 +3.5%	$42,275
2018	$906	$42,275 +8.6%
2017	$906 +79.6%	$38,915 +80.4%
2016	$504 -16.3%	$21,574 -1.3%
2015	$602	$21,861 -15.2%
2014	$602	$25,776 -1.3%
2013	--	$26,119 -1.3%
2012	--	$26,461 -1.3%
2011	--	$26,804 -2.5%
2010	--	$27,490 -2.4%
2009	--	$28,175 -5.7%
2008	--	$29,889 -4.3%
2007	--	$31,228 -0.6%
2006	--	$31,421 -0.6%
2005	--	$31,595 +7.9%
2004	--	$29,284 +55.6%
2003	--	$18,821 +7.6%
2002	--	$17,494 +6.2%
2001	--	$16,479 -2.8%
2000	--	$16,951

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: Heidelberg

Getting around

0 / 100

Car-Dependent

25 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Ruben Hinojosa Elementary School
Grades: PK-5Distance: 2.6 mi
3/10
Sgt Manuel Chacon Middle School
Grades: 6-8Distance: 2.7 mi
2/10
Mercedes High School
Grades: 9-12Distance: 3.2 mi

Schools provided by the listing agent

Elementary: Harrel
Middle: Central
High: Mercedes H.S.
District: Mercedes ISD

Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.