Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$192,000

NAL Estimated Property Value

1809 HOPE DR., MERCEDES, TX, 78570

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,142 Sq Ft
price_per_sqft$169.88 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile

Exterior

Lot Size8,695 sqft

Building Information

Year Built2023
Roof Type105

Land Information

APNV1525-00-000-0094-00
Lot Number94
SubdivisionValley Ranch Estates - Smc
Land UseReal, Residential, Single Family
Legal DescriptionVALLEY RANCH ESTATES LOT 94
Census Tract023105
Assessed Land Value$49,989
Assessed Improvement Value$97,073
Assessment Year2025

About this property

New Construction home in Mercedes. In close proximity to Expressway and Mercedes Outlet Mall. Fully equipped with kitchen appliances. 3 bedroom 2 bath, tiled throughout, neutral colors throughout, indoor laundry, big yard and fully fenced, 2-10 home warranty, sprinkler system in front, sod in front and ready to move in. This property is also for lease at $1,695

Investor Tools

Property Icon
$192,000
Estimated Property Value
$383,894Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,432
$147,062
2025
$49,989
$97,073
$147,062
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,432
$147,062

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Directions Equity Llc
Fha
$193,922
Yes
First
Sep 3, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,894
N/A
0%
200%
$2,326/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$2,326/mo
$-1,185/mo
7.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: MERCEDES

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1809 HOPE DR. | Property Details | No Agent List