1380 Milpa Verde, Brownsville, TX 78521

Local realty services provided by:CENTURY 21 Johnston Company
1380 Milpa Verde,Brownsville, TX 78521
$730,000
  • - Beds
  • - Baths
  • 9,750 sq. ft.
  • Multi-family
  • Active
Listed by: cesar cepeda
Office: grt realty
MLS#:29777200
Source:TX_RGV

Price summary

  • Price:$730,000
  • Price per sq. ft.:$74.87

About this home

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 is a rare chance to acquire a multifamily investment with multiple avenues for value creation. Don't miss the opportunity to unlock the full potential of this unique income-producing property.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1970
  • Listing ID #:29777200
  • Added:3 day(s) ago
  • Updated:June 16, 2026 at 01:02 AM

Rooms and interior

  • Living area:9,750 sq. ft.

Structure and exterior

  • Year built:1970
  • Building area:9,750 sq. ft.
  • Lot area:2.5 Acres
  • Construction Materials:Wood Siding
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:LOPEZ
  • Middle school:BESTEIRO
  • Elementary school:GARZA

Utilities

  • Water:Public

Finances and disclosures

  • Price:$730,000
  • Price per sq. ft.:$74.87

Parking

  • Parking description:4+ Car