Mallard Park

 

Schedule a Showing

"*" indicates required fields

Name*
MM slash DD slash YYYY
MM slash DD slash YYYY
Showing Preference
*Your name, phone number, and email address are required so that we may contact you to schedule an appointment.
By submitting this form with your telephone number you are consenting for Meridian Pacific Properties and authorized representatives to contact you even if your name is on the Federal “Do-not-call List.”
This field is for validation purposes and should be left unchanged.
Schedule a Showing
View Properties
View Floor plans

Now Selling

  • Walls, MS, 38680
  • Completion Date: Q3 2023
  • Sales Price: Starting at $264,000
  • Rental Price: $1800+ per month

Overview

FIGURES

125 Homes
4+ Bedrooms
2.5+ Baths
9 Floor plan models
1957 – 2226 S.F.
1/4 Acre lots

ABOUT

Mallard Park in Walls, Mississippi invites homebuyers to slow down and experience the joys of country living. With more than 5 unique floor plans available plus lake views and walking trails, this neighborhood offers something for everyone. Whether you seek the perfect great room for entertaining at the holidays, enough square footage to accommodate a growing family, or a quiet flex-space for those work-from-home days, Mallard Park delivers peace, comfort, and style.

FEATURES

  • LVP or Hardwood Flooring in common areas
  • Carpet in most bedrooms
  • Ceramic tile in master bathrooms
  • LVP flooring in bathrooms
  • Eggshell paint
  • Backsplashes on certain models
  • Granite or quartz countertops
  • Cultured marble bathroom countertops
  • 9′ or 10′ ceilings
  • Stainless steel dishwash, microwave, range, and refrigerator
  • Fence will be subdivision specific
  • 2″” wooden blinds”

Location

An up-and-coming town in northern DeSoto County under 10 minutes from the Memphis city limits, Mallard Park offers ample opportunities for dining, recreation, entertainment, and shopping in the nearby city of Southaven (Mississippi’s third largest). This is a family-friendly community with above-average schools and a regional library branch with services for life-long learners. There is an engaged, local government and city staff committed to its citizens.

Properties

Every year we build hundreds of new homes. Here are the properties we currently have listed for sale.

Active
$309,000
9092 Lakeside Circle South, Walls, MS, 38680
Community: Mallard Park
Floor Plan: Canary A
bedroom 4 BDS
bathroom 2.5 BA
Home area 1,964 S.F.
Active
$334,000
9125 Lakeside Circle South, Walls, MS, 38680
Community: Mallard Park
Active
$334,000
9134 Lakeside Circle South, Walls, MS, 38680
Community: Mallard Park
Active
$334,000
9135 Lakeside Circle South, Walls, MS, 38680
Community: Mallard Park
Floor Plan: Sparrow A
bedroom 4 BDS
bathroom 2.5 BA
Home area 2,223 S.F.
Active
$334,000
9145 Lakeside Circle South, Walls, MS, 38680
Community: Mallard Park
Floor Plan: Blue Jay A
bedroom 5 BDS
bathroom 3 BA
Home area 2,225 S.F.
Active
$334,000
9155 Lakeside Circle South, Walls, MS, 38680
Community: Mallard Park
VIEW ALL Homes for Sale

Floor Plans

There are 9 available floor plans in Mallard Park, ranging from 1957 – 2226 S.F..
Blue Jay A
1666A
5 BDS
3 BA
2225 S.F.
Blue Jay B
1666B
5 BDS
3 BA
2226 S.F.
Blue Jay C
1666C
4 BDS
3 BA
2093 S.F.
Blue Jay D
1666D
4 BDS
3 BA
2093 S.F.
Canary A
1229A
4 BDS
2.5 BA
1964 S.F.
Canary B
1229B
4 BDS
2.5 BA
1964 S.F.
Finch A
1270A
4 BDS
2.5 BA
1957 S.F.
Finch B
1270B
4 BDS
2.5 BA
1957 S.F.
Sparrow A
1214A
4 BDS
2.5 BA
2223 S.F.

Plat Map

Mallard Park features 125 homes on 1/4 Acre lots.
51 7,200 S.F 52 7,200 S.F 53 7,200 S.F 54 7,236 S.F 55 7,588 S.F 56 7,367 S.F 57 9,103 S.F 58 7,534 S.F 59 7,293 S.F 60 7,200 S.F 61 7,200 S.F 62 7,424 S.F 63 5,295 S.F 64 10,343 S.F 65 10,363 S.F 66 10,384 S.F 67 10,522 S.F 68 13,732 S.F 69 1,520 S.F 70 11,317 S.F 71 10,992 S.F 72 10,027 S.F 73 9,994 S.F 74 9,974 S.F 75 10,140 S.F 76 10,202 S.F 77 10,429 S.F 78 10,361 S.F 79 10,791 S.F 80 11,220 S.F 81 11,727 S.F 82 12,752 S.F 83 9,770 S.F 84 5,014 S.F 85 11,219 S.F 86 7,200 S.F 87 7,200 S.F 88 7,200 S.F 89 7,201 S.F 90 7,285 S.F 91 7,629 S.F 92 8,259 S.F 93 9,033 S.F 94 7,609 S.F 95 9,344 S.F 96 8,295 S.F 97 10,495 S.F 98 7,200 S.F 99 9,130 S.F 100 7,946 S.F 101 7,193 S.F 102 7,180 S.F 103 7,175 S.F 104 7,564 S.F 105 12,055 S.F 106 12,451 S.F 107 11,510 S.F 108 11,560 S.F 109 11,219 S.F 110 11,451 S.F 111 11,131 S.F 112 8,010 S.F 113 11,340 S.F 114 10,219 S.F 115 11,194 S.F 116 10,411 S.F 117 7,510 S.F 118 7,202 S.F 119 7,327 S.F 120 7,338 S.F 121 7,200 S.F 122 8,815 S.F 123 11,898 S.F 124 7,816 S.F 125 7,200 S.F 126 7,200 S.F
Open Full Screen

Photos

These photos show a typical home in the community and the high-end interiors that come standard in all of our homes.

EXTERIOR

INTERIOR

Investor Calculator

ACQUISITION AND DEBT SERVICE SUMMARY
?
Enter Purchase Price of the property. If you are financing the property, enter the Down Payment percentage here. For most investors, it’s usually a number between 20-30%. For a cash purchase, enter 100%. Next, enter the Closing Costs & Fees. If you are working with a lender, she can give you a good faith estimate for this line item.
Property Purchase Price
$ 
Down Payment
=
50%
Mortgage Interest Rate (30 Yr Fixed)
50%
Closing Costs & Fees
$ 
PROPERTY INCOME AND OPERATING EXPENSE DATA
?
Enter the Monthly Rent, Annual Property Tax and Annual Insurance Premium amounts here. The tax information is available on most county property tax websites. The insurance information is available from the insurance company. It is important to research whether or not the property is located in a homeowner’s association that carries Homeowner’s Association (HOA) fees. If so, enter the annual amount.
Monthly Rent
$ 
Annual Property Tax
$ 
Annual Insurance Premium
$ 
Annual HOA Fees / Other
$ 
ECONOMIC MODELING ASSUMPTIONS (PER YEAR, FOR 10 YEARS)
?
In this section, you need to make some assumptions about the property as indicated to the right. Vacancy Rate: Percentage of Gross Scheduled Income (GSI) or total annual rents possible per year. Maintenance Rate: Percentage of Gross Operating Income (GOI), or the income the property receives after accounting for vacancy. Property Management Rate: Percentage of GOI, the amount of rents actually collected by the property manager. Property Appreciation Rate: Your expectation of how the property value will appreciate. Expense Inflation Rate: The general economic inflation percentage rate. Sales Costs: Costs associated with selling property when it is finally sold, including sales commissions and closing costs. This is a one-time expense.
Vacancy Rate (% of GSI)
% Advanced +
Year 1%
Year 2%
Year 3%
Year 4%
Year 5%
Year 6%
Year 7%
Year 8%
Year 9%
Year 10%
Maintenance Rate (% of GOI)
% Advanced +
Year 1%
Year 2%
Year 3%
Year 4%
Year 5%
Year 6%
Year 7%
Year 8%
Year 9%
Year 10%
Property Mgmt Rate (% of GOI)
% Advanced +
Year 1%
Year 2%
Year 3%
Year 4%
Year 5%
Year 6%
Year 7%
Year 8%
Year 9%
Year 10%
Property Appreciation Rate
% Advanced +
Year 1%
Year 2%
Year 3%
Year 4%
Year 5%
Year 6%
Year 7%
Year 8%
Year 9%
Year 10%
Rent Appreciation Rate
% Advanced +
Year 1%
Year 2%
Year 3%
Year 4%
Year5%
Year 6%
Year 7%
Year 8%
Year 9%
Year 10%
Expense Inflation Rate
% Advanced +
Year 1%
Year 2%
Year 3%
Year 4%
Year 5%
Year 6%
Year 7%
Year 8%
Year 9%
Year 10%
Sales Cost Rate (% of Price)
%
INVESTMENT AND DEBT SERVICE CALCULATIONS
?
Investment and debt service calculations: Based on the data entered above, the investor’s total cash investment, and the monthly and annual debt service is calculated here.
Property Purchase Price
Down Payment
Closing Costs & Fees
Total Cash Investment
DEBT SERVICE SUMMARY
?
Investment and debt service calculations: Based on the data entered above, the investor’s total cash investment, and the monthly and annual debt service is calculated here.
Amount Financed
Debt Service (P&I), Monthly
Debt Service (P&I), Annual
KEY FINANCIAL RATIOS (RETURN ON INVESTMENT)
?
Key Financial Ratios are calculated as 10-year averages to the right based on the data entered above. 10-Year Average Cash on Cash ROI – ten year average of cash on cash (CoC) return. Cash-On-Cash ROI + Debt Pay Down – this is the combined return of the debt pay down and the cash on cash return. 10-Year Average Capitalization Rate – 10 year average of annual Net Operating Income of the property divided by its purchase price. This is the approximate annual CoC return for an all-cash purchase. 10-Year Internal Rate of Return (IRR) – the annual return accounting for the amount invested, cash flow earned through rents, pay down of the mortgage loan, and appreciation realized from the sale of the property. IRR is an overall return on investment metric that accounts for the amount and timing of all cash flows disbursed and received each year.
10-Year Average Cash-On-Cash ROI
Avg 10-Year CoC
Cash-On-Cash ROI + Debt Paydown ROI
Avg 10-Year CoC + Debt Paydown ROI, Excl. Appreciation
10-Year Average Capitalization Rate
10-Year Avg Net Operating Income ÷ Purchase price
10-Year Internal Rate of Return
IRR per Year
Want a copy of the results?
Contact
Meridian Pacific Properties
(760) 798-3095
[email protected]
910 W. San Marcos Blvd., Ste 210
San Marcos, CA 92078

Navigate

Research

Advice

Schedule a Call
At Meridian Pacific Properties we believe that our residents deserve to be treated fairly at all times. As an equal opportunity housing provider, Meridian Property Management provides housing opportunities regardless of race, color, national origin, religion, sex, physical or mental disability, familial status or any other classification protected by applicable federal, state or local law.
Home

Schedule a Showing

Schedule a Showing

"*" indicates required fields

Name*
MM slash DD slash YYYY
MM slash DD slash YYYY
Showing Preference
*Your name, phone number, and email address are required so that we may contact you to schedule an appointment.
By submitting this form with your telephone number you are consenting for Meridian Pacific Properties and authorized representatives to contact you even if your name is on the Federal "Do-not-call List."
This field is for validation purposes and should be left unchanged.