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BILLIE CANTU

epicrealtorsa@gmail.com +1(210) 426-5292

Listed by WINNERS CIRCLE

$ 17,900,000

93,150 SqFt

Save

$ 17,900,000

Save

93,150 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 93,150 sqft

Subdivision Valley Ranch

MLS Listing ID 509665

HOA Y/N No

Year Built 2024

Annual Tax Amount $383,062

Tax Year 2024

Lot Size 18.000 Acres

Acres 18.0

Property Sub-Type Multi Family

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.lComplete financial package, rent roll, and additional due diligence materials available upon request.

Location

State TX

County Hidalgo

Community Sidewalks, Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Appliance Electric Water Heater, Microwave, Refrigerator, Stove/Range

Laundry Laundry Room, Washer/Dryer Connection

Exterior

Exterior Feature Sprinkler System

Fence Privacy, Wood

Community Features Sidewalks, Street Lights

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Sidewalks, Sprinkler System

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

Story 1

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Stucco

New Construction No

Schools

Elementary Schools Hinojosa

Middle Schools Sgt. Harold

High Schools Mercedes H.S.

Others

Tax ID V152500000010900

Security Features Smoke Detector(s)

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(210) 426-5292

epicrealtorsa@gmail.com

San Antonio, TX, USA

Learn More About LPT Realty

1514 Hope DR Mercedes, TX 78570