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$89,000

NAL Estimated Property Value

201 E ROYAL PALM DR 52, MERCEDES, TX, 78570

Off MarketInfo
Baths0 Bath

About this property

Prime 4-Plex Lots Available –Ready to build - Perfect for Your Multifamily Investment! Seize the opportunity to invest in a prime 4-plex lot, sized 78x130, ideal for your next multifamily project. Imagine building your own four-plex with custom floor plans and unique features tailored to your vision. Each unit can be distinct, offering personalized design and distribution. Located just 2 minutes from the expressway, nearby Mercedes Outlets, restaurants, parks, schools, and entertainments activities like the livestock show. This exclusive community is perfectly situated between McAllen and Harlingen area. Enjoy future amenities like a pool area and a small venue for gatherings and events. Don't miss out on owning one of these rare lots—buy now and build later! Call for more information.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$534 /month
Positive
Cash Flow Estimate:
$178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: MERCEDES

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201 E ROYAL PALM DR 52 | Property Details | No Agent List