Two-Unit Duplex with Covered
New
For Sale
$430,000
474 LAMPASAS ST, Brownsville, TX 78521
Residential Income, BROWNSVILLE, TX
Property Size3,057 SF
Lot Size0.14 Acres
Price / SF$140.66
Days on Market5
Property Features for 474 LAMPASAS ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Smoke Alarm(s), Walk-in Closet(s)
Exterior features
Patio
Fencing
Privacy
Appliances
Range, Refrigerator
Subdivision
HOUSTON EST
Lot features
Corner Lot
Elementary school
VERMILLION
Middle school
GARCIA
High school
RIVERA
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
3,057 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
fully fenced yard
covered patio
Building Details
Year built
2024
Floors in Building
2
Number of units
2
Flooring type
Tile
Listing Agency:
Realty One Group, Modern Edge
(956) 908-0325
Listed By:
Margarita Rivera
(956) 640-1553
Added: Oct 21
Last Checked: Oct 25 at 8:06AM
MLS# 29780390
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2024, this duplex contains 3,057 square feet across two residences on a 0.14-acre lot. Each unit has an open-plan layout with three bedrooms and two and a half bathrooms, plus a privacy-fenced yard and covered patio. Interior features include tile flooring, ceiling fans, smoke alarms, and walk-in closets. Range, refrigerator, and microwave appliances are included, with central electric heating and cooling.
The property is near Houston Road, with proximity to SpaceX, LNG facilities, and the Port of Brownsville. Public water and public sewer serve the property. One unit is vacant.
The property is near Houston Road, with proximity to SpaceX, LNG facilities, and the Port of Brownsville. Public water and public sewer serve the property. One unit is vacant.
Key Highlights
- Two‑unit duplex built in 2024
- 3,057 square feet on a 0.14‑acre lot
- Each unit has 3 bedrooms and 2.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,221
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,420
$504.4K
Cap Rate 7%
$360,300
$360.3K
Cap Rate 9%
$280,233
$280.2K
Market Conditions
NOI Build-Up for 3,057 SF
Gross rent
$38.5K $12.60/SF
− Vacancy
−$2.5K −$0.81/SF
EGI
$36.0K $11.79/SF
− OpEx
−$10.8K −$3.54/SF
NOI
$25.2K $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%
$504,420
Cap Rate 7%
$360,300
Cap Rate 9%
$280,233
Alternative Uses
Best Use
Multifamily LT 5
$360.3K
$315.3K – $420.4K
NOI $25,221 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$330.4K
$289.1K – $385.5K
NOI $23,129 @ 7.0% cap · market cap 5.38%
Theoretical Best
Healthcare Medical
$526.4K
$460.6K – $614.1K
NOI $36,845 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
117
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two and a half bathrooms, and a fenced yard.
Where is this duplex located?
The property is located at 474 LAMPASAS ST Brownsville, TX.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2024; 3,057 square feet on a 0.14‑acre lot; Each unit has 3 bedrooms and 2.5 bathrooms
