Owner Financing Available! Just Listed! Triplex featuring each with 2 bedrooms and 2 bathrooms. All units have stoves and washer/dryer hookups, two of the units have refrigerator as well. Located on a desirable corner lot in front of Daiches school and nearby Slaughter Park with great potential for rental income or an owner-occupant. The property is currently vacant and ready for immediate occupancy. A great opportunity for investors or those looking to get started right away!
For sale
$249,900
1501 Mercer St, Laredo, TX 78040
--beds
6baths
2,312sqft
Triplex
Built in ----
-- sqft lot
$159,900 Zestimate®
$108/sqft
$-- HOA
What's special
Desirable corner lot
- 1 day
- 24
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
D. Michelle Guerra 956-324-2427,
MG Texas Real Estate
Source: LAR,MLS#: 20264763
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 6
Heating
- Central Electric, No Efficiency Units
Cooling
- Central Electric
Appliances
- Included: Two Bedroom (Refrigerator), Two Bedroom (Range), Electric Water Heater, Gas Water Heater
- Laundry: 2 Bedrooms (W/D Hookup)
Features
- Flooring: Tile, Vinyl
Interior area
- Total structure area: 2,552
- Total interior livable area: 2,312 sqft
Property
Parking
- Parking features: Parking Lot, On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Two Bedroom (Balcony/Patio)
- Fencing: Fenced,Chain Link,Wood
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 173971
- Zoning description: 440-00809-012
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick Veneer, Vinyl Siding
- Roof: Shingle-Composition,Metal
Utilities & green energy
- Water: Public
- Utilities for property: Underground Utilities, Natural Gas Available, Sewer Connected
Community & HOA
Community
- Security: Burglar Bars
- Subdivision: Eastern Division
Location
- Region: Laredo
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $150,499
- Annual tax amount: $3,423
- Date on market: 10/8/2026
- Listing terms: Cash,Conventional,FHA,VA Loan,Owner Will Carry
- Lease term: Month To Month
- Total actual rent: 0
Estimated market value
$159,900
$152,000 - $168,000
$1,053/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2026 | Listed for sale | $249,900+38.8%$108/sqft |
Source: | ||
| 8/31/2026 | Sold | -- |
Source: | ||
| 8/27/2026 | Pending sale | $180,000$78/sqft |
Source: | ||
| 6/19/2026 | Listed for sale | $180,000$78/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,423 | $150,499 +0.3% |
| 2024 | -- | $150,070 +2.7% |
| 2023 | -- | $146,131 +21.1% |
| 2022 | $818 -4.6% | $120,671 +2.7% |
| 2021 | $857 -3.3% | $117,491 -2.3% |
| 2020 | $887 -99% | $120,230 -1.1% |
| 2019 | $89,995 | $121,510 +4.8% |
| 2018 | -- | $115,920 +3.3% |
| 2017 | $3,096 +6.3% | $112,200 +7.2% |
| 2016 | $2,913 +5.2% | $104,630 +4.2% |
| 2015 | $2,770 | $100,390 |
| 2014 | $2,770 | $100,390 |
| 2013 | -- | $100,390 -6.3% |
| 2012 | -- | $107,190 -2.3% |
| 2011 | -- | $109,750 +0.7% |
| 2010 | -- | $109,030 |
| 2008 | -- | $109,030 +3.5% |
| 2007 | -- | $105,300 -15.9% |
| 2006 | -- | $125,240 +11.9% |
| 2004 | -- | $111,910 +58.1% |
| 2003 | -- | $70,770 +7.7% |
| 2002 | -- | $65,740 +3.2% |
| 2001 | -- | $63,730 |
| 2000 | -- | $63,730 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Eastern Division
Nearby schools
Schools provided by the listing agent
- District: Laredo
Source: LAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





