This listing is NOT a foreclosure. RARE 2.99% Assumable Rate! Perfect for investors chasing cash flow over 12% ROI from day one. This LEASE property offers a smart blend of affordability and performance, making it ideal for your portfolio or as a first buy-and-hold asset. Located in a stable neighborhood with rising rental demand, its a plug-and-play income generator. Skip the rate hikes, skip the stressstep straight into profit.This MLS Resale home is a single family home located in MERCEDES. It offers 0.17 acres in size, 3 beds and 2 baths. Review its detailed information and determine if this MERCEDES MLS Resale has the qualities you are looking for.
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID950556554
MLS Number470305
Parcel NumberM4023-02-000-0115-00
CountyHidalgo
Bedrooms3
Bathrooms2.0
Living Area (sqft)1,508
Price/sqft$155
Year Built01/01/2021
Property TypeSingle Family Home
Lot Size0.17 acres
Stories1
Total Rooms5
Room ListBedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
HeatingCentral, Electric (Heating)
CoolingCentral
Roof TypeComposition Shingle
Listing StatusActive
rto financingtrio
Property Brokerage:
Encore Fine Properties
Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.