Connect with a Meridian investment advisor to ask questions, evaluate the numbers, and explore how this property fits your goals. Theres no pressure — just expert guidance.
Buy this property for $353,000 and earn $1,995 per month in estimated rent.
All numbers are estimates for illustration only and not guaranteed. Actual performance, pricing, and rent may vary. This is not a commitment to sell or invest. Please consult your financial advisor. We expect the rent to be within $50 of the estimated rent. Meridian helps to protect the rental income for our investors through our rent warranty program.


Start earning rental income immediately. This turnkey property will be move-in ready for tenants the day you close escrow. Our local property management team will take care of everything for you.
This is a brand new home that has never been lived in. New construction homes typically have the highest overall ROI of any single-family rental property.
Meridian’s build-to-rent properties are designed to attract and retain long-term tenants. We use durable materials, modern amenities, and open floor plans
This property is rated Class A. It is a top-tier property in a desirable neighborhood, featuring premium construction, modern finishes, and strong rental demand—ideal for stable appreciation and high-quality tenants.
Buy this property for $353,000 and earn $1,995 per month in estimated rent.
All numbers are estimates for illustration only and not guaranteed. Actual performance, pricing, and rent may vary. This is not a commitment to sell or invest. Please consult your financial advisor. We expect the rent to be within $50 of the estimated rent. Meridian helps to protect the rental income for our investors through our rent warranty program.
Limited time offer. Call (901) 300-2260 to lock in your savings.
As the developer, Meridian can build investment properties anywhere we want. We carefully identify suburban submarkets that are likely to yield strong returns. We look for prime locations, stand out rankings, and close proximity to major employers. This is why we built the subdivision of Nicole Place in Horn Lake, Mississippi.
Horn Lake, Mississippi is an established and strategically positioned city in the northern part of DeSoto County, located just south of the Tennessee border and minutes from downtown Memphis. Its proximity to Interstate 55 provides direct connectivity to the broader Memphis metropolitan area, making it a prime location for residents who work across the region’s logistics, manufacturing, and healthcare industries. This accessibility, combined with competitive home prices and sustained economic activity, positions Horn Lake as an appealing submarket for investors seeking strong rental performance and long-term appreciation within the Memphis MSA.
The city’s population is estimated at around 27,000, and it continues to benefit from the overall growth of North Mississippi. Horn Lake’s employment base is anchored in logistics and distribution—a natural advantage given its adjacency to Memphis, one of the largest freight and transportation hubs in the country. Within the city limits are numerous warehouses and transportation companies, including facilities supporting the operations of FedEx, UPS, and regional carriers. DeSoto County as a whole has become a logistics powerhouse, attracting national and international businesses that rely on quick access to Memphis International Airport, the I-55/I-69 corridor, and the region’s extensive rail and river systems. For real estate investors, this industrial backbone translates to a steady, wage-earning tenant pool and reliable housing demand that supports rental stability year after year.
Baker Estates, located to the east of the city of Walls and south of Southaven, sits just minutes from I-55 and benefits from the same transportation and employment infrastructure that defines the area. This location provides residents and tenants with short commutes to major employers while retaining the lower costs and open land opportunities that make Horn Lake and its surrounding communities appealing for new construction and single-family rental investment. As Southaven’s population and commercial footprint expand southward, Horn Lake stands to capture spillover growth in both housing demand and retail development. The city’s proximity to key regional employers—along with new industrial projects across northern Mississippi—reinforces its strength as a long-term investment market.
The housing market in Horn Lake remains affordable compared to neighboring suburbs, offering median home prices in the mid-$200,000 range and an attractive rent-to-price ratio that supports strong cash flow potential. Investors benefit from Mississippi’s competitive property tax rates and relatively low insurance costs, which together enhance net operating income. With moderate population growth, a diverse employment base, and stable housing inventory, Horn Lake provides a balanced environment for both yield and appreciation-focused investors. Newer single-family construction in well-located subdivisions like Baker Estates further improves the market profile, offering durable assets designed for longevity and efficient management.
Quality of life indicators further contribute to the city’s strength as a real estate market. Horn Lake maintains a system of parks and recreation facilities, including Latimer Lakes Park, which features athletic fields, walking trails, and public events throughout the year. Educational services are provided by DeSoto County Schools, one of Mississippi’s top-performing districts, and the city is home to Delta Technical College, which supports local workforce development. Retail centers, restaurants, healthcare facilities, and entertainment venues are abundant along Goodman Road and Interstate 55, providing convenience and accessibility that sustain local housing demand.
From an investor’s perspective, Horn Lake offers a compelling mix of economic stability, infrastructure access, and affordability. Its role within the greater Memphis logistics corridor ensures consistent rental demand, while its manageable operating costs and improving housing stock create opportunities for dependable returns. As the Memphis metro continues to attract business expansion and population growth, Horn Lake remains one of the most strategically positioned and resilient submarkets for long-term real estate investment.
redfin.com/city/8642/MS/Horn-Lake/housing-market
zillow.com/horn-lake-ms/home-values
datausa.io/profile/geo/horn-lake-ms
census.gov/quickfacts/hornlaketownmississippi
desotocountyms.gov/economic-development
latimerlakespark.com
Nicole Place is structured around efficiently sized homes that align closely with rent-to-price performance in the Horn Lake submarket. Most properties range from approximately 1,950 to just over 2,200 square feet with 4+ bedroom layouts, offering enough space to meet tenant expectations without pushing acquisition costs into less efficient ranges. The neighborhood layout is clean and consistent, with homes on one-third to one-half acre lots that provide usable outdoor space without introducing unnecessary maintenance complexity, making the properties easy to lease and straightforward to operate over time.
Located just off Nail Road, Nicole Place sits within one of the more active retail and service corridors in Horn Lake, with quick access to Interstate 55. Its position places it in the heart of DeSoto County, with close proximity to major employment centers across logistics, distribution, and healthcare. The area is also known for its strong public school system, which contributes to sustained housing demand and long-term neighborhood stability.
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