For Sale
$386,225
Pending
1045 Oro Cir, Brownsville, TX 78521
Both residences have three bedrooms, two bathrooms, and contemporary finishes.
Property Size2,176 SF
Days on Market22
Property Features for 1045 Oro Cir
General Information
Standard status
Pending
Size
2,176 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,160
Building Details
Buildings
1
Listing Agency:
Coldwell Banker La Mansion
(956) 631-1322
Listed By:
Hortencia Villarreal · License #0603001
(956) 459-0171
Source:
Exprealty
Added: Sep 22
Changed: Oct 3
Last Checked: Oct 13 at 2:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker La Mansion
Investment Insights
Based on property information with market context.
Newly built in Brownsville, this two-unit duplex contains 2,176 square feet. Each residence has three bedrooms and two bathrooms, with contemporary finishes throughout.
The property is near Boca Chica Beach, South Padre Island, SpaceX, and LNG.
The property is near Boca Chica Beach, South Padre Island, SpaceX, and LNG.
Key Highlights
- Two‑unit duplex totaling 2,176 square feet
- Each residence has 3 bedrooms and 2 bathrooms
- New construction with contemporary finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,952
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,040
$359.0K
Cap Rate 7%
$256,457
$256.5K
Cap Rate 9%
$199,467
$199.5K
Market Conditions
NOI Build-Up for 2,176 SF
Gross rent
$27.4K $12.60/SF
− Vacancy
−$1.8K −$0.81/SF
EGI
$25.6K $11.79/SF
− OpEx
−$7.7K −$3.54/SF
NOI
$18.0K $8.25/SF
Area
Brownsville, TX
Vacancy
6.46%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,040
Cap Rate 7%
$256,457
Cap Rate 9%
$199,467
Alternative Uses
Best Use
Multifamily LT 5
$256.5K
$224.4K – $299.2K
NOI $17,952 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$235.2K
$205.8K – $274.4K
NOI $16,464 @ 7.0% cap · market cap 4.26%
Theoretical Best
Healthcare Medical
$374.7K
$327.8K – $437.1K
NOI $26,227 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have three bedrooms, two bathrooms, and contemporary finishes.
Where is this duplex located?
The property is located at 1045 Oro Cir Brownsville, TX.
What is the asking price?
The asking price for this property is $386,225.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,176 square feet; Each residence has 3 bedrooms and 2 bathrooms; New construction with contemporary finishes
