1514 Hope ST, Mercedes, TX 78570
1514 Hope ST, Mercedes, TX 78570
1514 Hope ST, Mercedes, TX 78570
1514 Hope ST, Mercedes, TX 78570
1514 Hope ST, Mercedes, TX 78570
1514 Hope ST, Mercedes, TX 78570
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
David J. Zavaletta

David J. Zavaletta

+1(956) 300-3477
Listed by WINNERS CIRCLE
$ 18,000,000

93,150 SqFt

Save
$ 18,000,000
Save

93,150 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 93,150 sqft

Subdivision Valley Ranch

MLS Listing ID 509731

HOA Y/N No

Year Built 2024

Annual Tax Amount $383,062

Tax Year 2025

Lot Size 18.000 Acres

Acres 18.0

Property Sub-Type Commercial

Source Greater McAllen

Property Description

Institutional-quality Build-to-Rent investment opportunity in the growing Valley Ranch Estates community in Mercedes, Texas. This 81-home single-family rental portfolio is approximately 95% occupied and features a mix of 3- and 4-bedroom homes, generating approximately $1.7 million in stabilized annual gross income with an estimated NOI of $1.06 million. Ideally located just off Expressway 83 behind the Rio Grande Valley Premium Outlets, the property offers exceptional access to major retail, dining, and employers. A rare opportunity to acquire a stabilized, income-producing residential community with strong cash flow and long-term growth potentia. Complete financial package, rent roll, and additional due diligence materials available upon request.

Location

State TX

County Hidalgo

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Appliance Electric Water Heater

Exterior

Exterior Feature Sprinkler System

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description See Remarks

Faces From Expressway 83, north on mile 1 e, west on Hope Dr. Subdivision is just North west of the premium outlets.

Story 1

Structure Type Stucco

New Construction No

Others

Tax ID V1525000000109000

David J. Zavaletta
David J. Zavaletta

Director of Operations, Managing Partner | License ID: 0650201

+1(956) 300-3477 | david@apirealtor.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from RGV Elite Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

By checking this box, I agree to receive transactional and informational text messages from or on behalf of RGV Elite Realty (e.g., appointment/showing reminders, property status updates, account or service notifications). Consent is not a condition of purchase. Message frequency varies. Message & data rates may apply.

Go tour this home

1514 Hope ST

QUICK SEARCH