1514 Hope Street Mercedes, TX $ 18,000,000
1514 Hope Street
$ 18,000,000
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1514 Hope Street

Mercedes, TX, 78570
$ 18,000,000
Bedrooms-- Baths-- Sq 93,150

Monthly Estimate*

$ 113,654

1514 Hope Street, Mercedes, TX 78570 - Image 1
1514 Hope Street, Mercedes, TX 78570 - Image 2
1514 Hope Street, Mercedes, TX 78570 - Image 3
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1514 Hope Street, Mercedes, TX 78570 - Image 7
1514 Hope Street, Mercedes, TX 78570 - Image 8

Commercial Property for sale in Mercedes, TX

for $18,000,000. This 93,150 square foot building was built in 2024 on a lot size of 18.

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.

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Commercial Active

Price

$ 18,000,000

Property Type

Commercial

Taxes

$ 383,062

Style

Commercial

Lot Size

18

Year Built

2024

Town/City

Mercedes

County/Region

Hidalgo

MLS | Web ID

509731

Features
General
Possession Closing and Funding
Property Subtype Commercial
Tax Year 2025
Current Use Other
County Hidalgo
Property Type Commercial Sale
HOA false
Subdivision Name Valley Ranch
Status Active
Directions From Expressway 83 north on mile 1 e west on Hope Dr. Subdivision is just North west of the premium outlets.
City Mercedes
Lot Size Units Acres
Lot Size Square Feet 784080
Tax Annual Amount 383062
Home Warranty Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description Valley Ranch Estates
Freehold BBO VOW IDX
Living Area 93150
Cooling Central Air Electric
Roof Shingle
Appliances Electric Water Heater
Garage Spaces 0
Construction Materials Stucco
Year Built 2024
Stories Count 1
Garage Y/N false
Carport Spaces 0
Carport Y/N false
Year Built Source Builder
Heating Central Electric
Patio/Porch Features Patio Patio Slab
Building Features Other
Grounds Sidewalks
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Interior
Flooring Tile
Air Conditioning Y/N true
Window Features Energy Features (Double Pane Windows)
Heating Y/N true
Retail SqFT 0
Warehouse SqFt 0
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Exterior
Lot Size Area 18
Lot Size Acres 18
Road Surface Type Paved Road
Road Frontage Type City Street
Irrigation Water Rights Y/N false
Lot Features See Remarks
Exterior Amenities Sprinkler System
Parking Features Other
Total Parking 0
Building Area Total 93150
Covered Spaces 0
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* Excluded Features
List By
Winners Circle

Broker

Affordability Calculator

$145,576
Per Month
78%
22%
0%
Monthly Principal & Interest
$113,654
Monthly Property Taxes
$31,922
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$18,000,000 Listed Price

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1514 Hope Street, Mercedes, TX, 78570 is a Commercial Property for sale at $18,000,000 with 93,150 sqft and a lot size of 18. 1514 Hope Street was built in 2024. The property's zip code is 78570 which is in Mercedes, TX