Pending

$65,000

11817 Olive Grv, Mercedes, TX 78570

3beds

940sqft

$500/mo

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Single Family Residence, Residential

Built in 1974

7,248 Square Feet Lot

$-- Zestimate^®

$69/sqft

$-- HOA

What's special

Investment Property in Mercedes TX | 3 Bedroom Fixer Upper Opportunity awaits with this 3 bedroom, 2 bathroom home in Mercedes, TX. Situated on a 7,248 sq ft lot, this property features an open living and dining area, laminate flooring, central HVAC, dedicated laundry room, covered carport, covered patio, storage building, and mature trees. The spacious backyard offers room for outdoor living, future improvements, or added value. Conveniently located near Interstate 2, schools, shopping, and everyday amenities. Ideal for investors, rental property buyers, or homeowners looking to build equity through updates. Priced to sell and located in a growing area of Mercedes, this property offers strong potential and affordability.

41 days

624

39

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Dining room

Description: Living Area(s): 1

Living room

Description: Living Area(s): 1

Heating

Has Heating (Unspecified Type)

Cooling

Central Air

Appliances

Included: Electric Water Heater, No Conveying Appliances
Laundry: Laundry Room

Features

Laminate Counters, Ceiling Fan(s)
Flooring: Laminate

Interior area

Total structure area: 940
Total interior livable area: 940 sqft

Property

Parking

Total spaces: 1
Parking features: No Garage
Carport spaces: 1

Features

Patio & porch: Covered Patio
Fencing: None

Lot

Size: 7,248 Square Feet
Features: Mature Trees

Details

Additional structures: Storage
Parcel number: H195000000005700

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Frame/Wood
Foundation: Pillar/Post/Pier
Roof: Shingle

Condition

Year built: 1974

Utilities & green energy

Sewer: Public Sewer

Green energy

Energy efficient items: Thermostat

Community & HOA

Community

Features: None
Subdivision: Heidelberg

HOA

Has HOA: No

Location

Region: Mercedes

Financial & listing details

Price per square foot: $69/sqft
Tax assessed value: $47,059
Annual tax amount: $778
Date on market: 6/19/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$991/mo

Price history

Date	Event	Price
7/21/2026	Pending sale	$65,000$69/sqft
Source: Greater McAllen AOR #507659 Report a problem
7/6/2026	Listed for sale	$65,000$69/sqft
Source: Greater McAllen AOR #507659 Report a problem
7/5/2026	Pending sale	$65,000$69/sqft
Source: Greater McAllen AOR #507659 Report a problem
6/19/2026	Listed for sale	$65,000$69/sqft
Source: Greater McAllen AOR #507659 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2023	$647 -5.5%	$47,059 +27.2%
2022	$685 -6.8%	$37,006 +16.3%
2021	$735	$31,819 +9.9%
2020	--	$28,956 +21.7%
2019	$528 +144.2%	$23,800
2018	$216	$23,800 +4.4%
2017	$216 +8.8%	$22,806 +10%
2016	$198 -23.2%	$20,733
2015	$258	$20,733 +4.1%
2014	$258	$19,919
2013	--	$19,919
2012	--	$19,919 +4.9%
2011	--	$18,987
2010	--	$18,987 +0%
2009	--	$18,985 -1.5%
2008	--	$19,268 +9.8%
2007	--	$17,554 +2.2%
2006	--	$17,169 +0.1%
2005	--	$17,159 +6.9%
2004	--	$16,044 +33.8%
2003	--	$11,989 -1.5%
2002	--	$12,172 +5.6%
2001	--	$11,526 +0.3%
2000	--	$11,489

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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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: 3.7 mi
3/10
Sgt Manuel Chacon Middle School
Grades: 6-8Distance: 3.7 mi
2/10
Mercedes High School
Grades: 9-12Distance: 4.4 mi

Schools provided by the listing agent

Elementary: Chavez
Middle: Mercedes Junior High
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.