$2,700,000
$250K PRICE DROP

Estimated payment $16,959/month

Total Views 4,609
-- Bed
-- Bath
20,000 Sq Ft
$135 Price per Sq Ft

Highlights

  • 3.96 Acre Lot
  • Tile Flooring
  • 50 Car Garage
  • Hudson Elementary School Rated 9+
  • Central Heating
  • Partially Fenced Property

About This Home

Incredible investment opportunity in the rapidly growing Brownsville market! This fully leased, income-producing property includes a 24-unit multifamily apartment complex, two fully occupied commercial buildings facing the main road, and approximately 3 acres of land at the rear with development potential for an estimated 48 additional multifamily units (subject to city approval). Located just minutes from SpaceX Starbase, Port of Brownsville, and the new LNG plant, this property offers a rare combination of immediate cash flow and long-term growth potential. High occupancy, strong rental demand, and major infrastructure developments nearby make this a strategic buy for investors or developers. Don't miss this opportunity to acquire a stabilized asset with value-add upside in one of South Texas' most promising locations.

Listing Agent

Edgar De La Garza

MKZ Realty Brokerage Phone: 9565724824 License #TREC # 0582496 Listed on: 05/17/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 2007

Lot Details

  • 3.96 Acre Lot
  • Partially Fenced Property

Parking

  • 50 Car Garage

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 20,000 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Schools

  • Garcia Elementary School
  • B.L. Garza Middle School
  • Hanna High School

Utilities

  • Central Heating
  • Thermostat
  • Electric Water Heater

Community Details

  • 24 Units
  • El Jardin Sdbv Subdivision

Property Details

Home Type

Apartment

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Flooring: Tile
  • Year Built: 2007
  • Property Sub-Type: Apartment
  • PropertyType: Residential Income
  • Reso Fencing: Partial
  • Lot Size Acres: 3.96
  • Road Surface Type: Paved
  • Co List Office Phone: 956-572-4824
  • MLS Status: Active
  • Subdivision Name: El Jardin Sdbv
  • Unit Levels: Two
  • Efficiency: Thermostat
  • NAV25_rets_property_type: Residential Income
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater, Refrigerator

Exterior Features

  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Office

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: 4 or More Car Garage
  • Total Parking Spaces: 50

Utilities

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

Schools

  • Elementary School: Garcia
  • High School: Hanna
  • Junior High Dist: Brownsville I.S.D.
  • Middle Or Junior School: B.L. Garza

Lot Info

  • Lot Size Sq Ft: 172500
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 24
  • Total Actual Rent: 14350

Map

Range of Values:

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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
06/10/2025 06/10/25 Price Changed $2,700,000 -8.5% $135 / Sq Ft
05/17/2025 05/17/25 For Sale $2,950,000 -- $148 / Sq Ft
Source: Rio Grande Valley Multiple Listing Service

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29765292

Rio Grande Valley Multiple Listing Service