$760,000

155 N Iowa Ave Brownsville, TX 78521

Southmost Brownsville Neighborhood

Estimated payment $4,774/month

Total Views 5,257
-- Bed
-- Bath
5,376 Sq Ft
$141 Price per Sq Ft

Highlights

  • 0.3 Acre Lot
  • Central Heating
  • 2 Car Garage
  • Tile Flooring

About This Home

Prime Investment Opportunity in Brownsville, TX! NOI: $56,364.90 Cap 7%. Located at 155 N Iowa Ave, this newly remodeled 8-unit apartment complex is the perfect addition to your portfolio. Each 2-bed, 1-bath unit boasts modern upgrades, including new tile flooring, quartz countertops, stainless steel appliances, and brand-new AC units for tenant comfort. The two-story layout offers a clean, contemporary feel, while ample parking (2 spaces per unit) ensures convenience. Situated in a high-demand rental market, this property is just minutes from SpaceX, shopping, dining, and major highways, making it ideal. With strong rental income potential and low maintenance costs due to recent renovations, this is a turnkey investment you don't want to miss. Don't let this opportunity pass—schedule a showing today!

Listing Agent

Myrna Castella

GRT Realty Brokerage Phone: 9562540869 License #TREC # 0740286 Listed on: 04/02/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 5,376 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Schools

  • Champion Elementary School
  • Perkins Middle School
  • Rivera High School

Utilities

  • Central Heating
  • Electric Water Heater

Community Details

  • 8 Units
  • Chicago Gardens Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Flooring: Tile
  • Year Built: 1980
  • Property Sub-Type: Multi Family
  • PropertyType: Residential Income
  • Reso Fencing: None
  • Lot Size Acres: 0.296
  • Road Surface Type: Paved
  • Co List Office Phone: 956-254-0869
  • MLS Status: Active
  • Subdivision Name: Chicago Gardens
  • Unit Levels: Two
  • NAV25_rets_property_type: Residential Income
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater, Refrigerator

Exterior Features

  • Exterior Features: None
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: None

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Attached Garage: Yes
  • Parking Features: Two Car Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Champion
  • High School: Rivera
  • Junior High Dist: Brownsville I.S.D.
  • Middle Or Junior School: Perkins

Lot Info

  • Lot Size Sq Ft: 12893
  • ResoLotSizeUnits: Square Feet

Multi Family

  • Number Of Units Total: 8
  • Total Actual Rent: 7750

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 For Sale $760,000 -- $141 / Sq Ft
Source: Rio Grande Valley Multiple Listing Service

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29764243

Rio Grande Valley Multiple Listing Service
Texas Cameron County Brownsville 78521 Southmost Brownsville

155 N Iowa Ave, Brownsville, TX

This home is located at 155 N Iowa Ave, Brownsville, TX 78521 and is currently priced at $760,000, approximately $141 per square foot. This property was built in 1980. 155 N Iowa Ave is a home located in Cameron County with nearby schools including Champion Elementary School, Perkins Middle School, and Rivera Early College High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Rio Grande Valley Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Myrna Castella
Section Image
GRT Realty
(956) 594-7826