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17-Unit Apartment Building
For Sale
$699,000

1380 MILPA VERDE, Brownsville, TX 78521

MULTI_FAMILY - BROWNSVILLE, TX

Property Size9,750 SF
Lot Size2.50 Acres
Price / SF$71.69
Days on Market51

Property Features for 1380 MILPA VERDE

General Information

Property type Residential Multi Family
Property subtype Apartment
Subdivision UNSUBDIVIDED
Elementary school GARZA
Middle school BESTEIRO
High school LOPEZ
Elementary school district BROWNSVILLE I.S.D.
Middle school district BROWNSVILLE I.S.D.
High school district BROWNSVILLE I.S.D.
Standard status Active
Size 9,750 SF
Lot size 2.50 Acres

Utilities

Sewer type Septic Tank
Cooling system Ductless, Zoned
Water source Public

Building Details

Year built 1970
Floors in Building 1
Number of units 17
Flooring type Vinyl
Listing Agency: GRT Realty
Listed By: Cesar Cepeda
Added: Jun 15 Changed: Jul 29 Last Checked: Aug 4 at 3:06AM
MLS# 29777200

Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 17-unit apartment building offers a mix of occupied and vacant units, with 6 vacant units creating space for renovation and repositioning. The property is set on an approximately 2.5-acre lot and was built in 1970. Interior finishes include vinyl flooring.

Cooling is provided through ductless systems, with zoned cooling. Water service is listed as public, while sewer is provided via septic tank.

The site size and unit mix support a variety of management and capital-improvement approaches, whether you focus on stabilizing occupancy or updating vacant units to improve overall performance, subject to buyer due diligence and applicable local requirements.

Key Highlights

  • 17‑unit apartment building with 6 vacant units
  • Approximately 2.5‑acre lot
  • Built in 1970

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Spa & Massage Center Hair Salon Big Box & Wholesale Store Pharmacy Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17
Residential units

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 78521, TX

88,708
Population
29,576
Households
3
Avg Household Size
32
Median Age
15%
College-Educated
62%
High-School Grad
93.7 sq mi
ZIP Area
947
Density / Sq Mi
$41,276
Median Household Income
$24,781
Median Earnings
$864
Median Rent
$90,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 17-unit multifamily property with ductless, zoned cooling, vinyl flooring, public water, and septic tank service.
Where is this apartment building located?
The property is located at 1380 MILPA VERDE Brownsville, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 17‑unit apartment building with 6 vacant units; Approximately 2.5‑acre lot; Built in 1970
More about this property
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