93,150 sqft

$18,000,000

1514 Hope Street, Mercedes TX, 78570

Price per sqft$193.24

Built in2024

Property size93,150 sqft

Property typeCommercial

Overview

Active

Listed Jul 16, 2026

Updated Aug 20

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.

Additional information

MLS^® ID: 509731

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 18 Acres

Other Property Details

Taxes: $383,062
Tax Frequency: Annually

Listed by Avinaash Nash Buxani with WINNERS CIRCLE
Listing Contact: 956-250-7453

The IDX display contains information sourced from the Greater McAllen Association of REALTORS® as of 8/20/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 8/20/2026 at 10:45 AM UTC