1380 Milpa Verde
BROWNSVILLE, TX 78521
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Bed
0
Bath
9,750Sqft
2.50Acres(Lot)
Exceptional value-add investment opportunity featuring a 17-unit multifamily property situated on approximately 2.5 acres, offering both immediate income potential and long-term upside. Several occupied units are currently rented below market rent, providing investors with the opportunity to increase cash flow through strategic rent adjustments as leases turn over. The property also includes 6 vacant units, creating an excellent opportunity for renovations to further enhance returns. With its expansive 2.5-acre site, there may be additional potential for future expansion or redevelopment, subject to buyer due diligence and any applicable local regulations. Whether you're looking to grow your portfolio, reposition an underperforming asset, or capitalize on the property's excess land, this i
Property Details
Map
Map
What's Nearby
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Features
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Interior Features
Appliances: Electric Water Heater
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Building Information
Year Built: 1970 Construction Materials: Wood Siding Stories: 1 Private Pool: No
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Lot Information
Lot Size Acres: 2.5 Lot Size Square Feet: 108900Property Information
Subdivision: UNSUBDIVIDED Source Property Type: Residential Income Property SubType: Multi Family Property Age: 56
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Listing Price Information
Listing Price: $599000 Original Price: $730000
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Tax Information
Tax Year: 2025
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Parking Information
Parking Total: 30
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School Information
Elementary School: GARZAJunior High School: BESTEIROSenior High School: LOPEZ -
Location Information
Direction: Heading south on the expressway make a left when you arrive at the light. Follow East until you reach Milpa Verde. Make a right onto Milpa Verde the property will be on your right. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1045 Oro Blanco Avenue, Brownsville, TX, 78521 | $386,225 | -- | -- | 2,176 | 12,064.81 Sq. Ft |
| 00 Gregory Ave, Brownsville, TX, 78521 | $1,195,000 | -- | -- | 7,040 | 0.66 Acre |
| 5014 Alexa Dr, Brownsville, TX, 78521 | $425,000 | -- | -- | 3,856 | 0.15 Acre |
| 1016 Oro Blanco Ave #4, Brownsville, TX, 78521 | $393,050 | -- | -- | 2,246 | 0.17 Acre |
| 1517 Strawberry Cir, Brownsville, TX, 78521 | $440,000 | -- | -- | 2,570 | 0.18 Acre |
| 1061 Oro Blanco Ave, Brownsville, TX, 78521 | $384,125 | -- | -- | 2,176 | 0.28 Acre |
| 1509 Strawberry Cir, Brownsville, TX, 78521 | $440,000 | -- | -- | 2,570 | 0.19 Acre |
| 8812 Houston Rd #A,B,C, Brownsville, TX, 78521 | $150,000 | -- | -- | 2,020 | 0.90 Acre |
| 1016 Oro Blanco Avenue, Brownsville, TX, 78521 | $393,050 | -- | -- | 2,246 | 7,488.84 Sq. Ft |
| 1012 Oro Blanco Ave, Brownsville, TX, 78521 | $390,915 | -- | -- | 2,234 | 0.17 Acre |
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ByOwner last updated this listing 10/02/2026 @ 07:08
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