Southmost Investment
5994 SOUTHMOST RD. Brownsville, TX 78523
5994 SOUTHMOST RD., Brownsville, TX, 78523
$895,000
For Sale
$895,000
MULTI_FAMILY - BROWNSVILLE, TX
Property Size6,600 SF
Lot Size1.50 Acres
Price / SF$135.61
Days on Market53
Property Features for 5994 SOUTHMOST RD.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Interior features
- Ceiling Fan(s), Walk-in Closet(s)
- Fencing
- Chain Link, Privacy
- Appliances
- Range, Refrigerator
- Standard status
- Active
- Size
- 6,600 SF
- Lot size
- 1.50 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Zoned
- Cooling system
- Window Unit(s), Zoned, Ductless, Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1983
- Floors in Building
- 1
- Number of units
- 11
- Flooring type
- Tile
Listing Agency
EXP Realty, LLC
(888) 519-7431
9600 Great Hills Trail Suite 150 W, Austin, TX
Listed by
Mario Baez · License #616428
(956) 827-0170
Added: May 28 Checked: Jul 19 at 4:06 am
MLS# 29776765
Listing URL
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 property is located in the Southmost area, which is near retail, restaurants, parks, community facilities, a library, and public/charter schools. The complex is constructed with block, which may help keep maintenance low. Several units have been updated, including recent roof and A/C improvements. A single-family home is located within the complex, potentially offering rental income or onsite management options. The property includes approximately 1.50 acres of additional land, which may be suitable for expanding with 2-3 more apartment buildings, adding a laundry facility, or creating other income-producing amenities. The property size is 6600 square feet.
Key Highlights
- Approximately 1.50 acres of additional land for expansion.
- Rare Southmost investment property with existing cash flow and major upside potential.
- Located in the highly desirable Southmost area near retail, restaurants, parks, schools, and community facilities.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.4k | $14.76 |
| − Vacancy | −$6.6k | −$1.00 |
| EGI | $90.8k | $13.76 |
| − OpEx | −$40.9k | −$6.19 |
| NOI | $49.9k | $7.57 |
6,600 SF · lease $14.76/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$713.4K
$624.2K – $832.3K
NOI $49,935 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.14M
$994.4K – $1.33M
NOI $79,548 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Investment property in high-demand area with expansion potential.
Where is this apartment building located?
The property is located at 5994 SOUTHMOST RD. Brownsville, TX.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Approximately 1.50 acres of additional land for expansion.; Rare Southmost investment property with existing cash flow and major upside potential.; Located in the highly desirable Southmost area near retail, restaurants, parks, schools, and community facilities.
