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17-Unit Apartment Building
For Sale
$599,000

1380 MILPA VERDE, Brownsville, TX 78521

Residential Income, BROWNSVILLE, TX

Property Size9,750 SF
Lot Size2.50 Acres
Price / SF$61.44
Days on Market94

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: Sep 14 Last Checked: Sep 16 at 2:06AM
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 property contains 9,750 square feet of building area on approximately 2.5 acres in Brownsville, Texas. The property includes six vacant units along with occupied units, creating a varied occupancy profile for a multifamily buyer. Vinyl flooring is installed, and cooling is provided through ductless, zoned systems.

Constructed in 1970, the property is served by public water and a septic tank. Its acreage and existing apartment configuration provide the physical basis for evaluating future property plans, subject to applicable local requirements and buyer due diligence.

Key Highlights

  • 17‑unit apartment property with 9,750 square feet of building area
  • Approximately 2.5‑acre site in Brownsville, TX
  • 6 vacant units included in the property

Property Analytics

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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

122
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Multifamily property with occupied and vacant units, vinyl flooring, and ductless, zoned cooling.
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 $599,000.
What are key features of this property?
This property features: 17‑unit apartment property with 9,750 square feet of building area; Approximately 2.5‑acre site in Brownsville, TX; 6 vacant units included in the property
More about this property
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