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$194,900

318 Merida Drive, Donna, TX, 78537

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,184 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.61 / sqft
Year BuiltBuilt in 2025

About this property

Seller offering $3k in seller concessions. This could be your opportunity to own a brand new home with little to no money down! Located in north Donna just minutes from Expressway 83, this 3-bedroom, 2-bath new construction in a new subdivision qualifies for USDA zero down financing and builder incentives are available to help get you to the closing table. Inside you'll have a spacious feel with a split bedroom layout and modern finishes throughout. A patio slab out back gives you a starting point to create your own outdoor space, already fully fenced. First-time buyer or not, this is a rare chance to buy new without the typical upfront cost. Call today to learn about available incentives and schedule your showing.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,169 /month
Positive
Cash Flow Estimate:
$390 /month

Interested in this property?

Maria Guerra

Element Realty, LLC

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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.

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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: Donna

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318 Merida Drive | Property Details | No Agent List