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Southmost Investment Opportunity

5994 SOUTHMOST RD. Brownsville, TX 78523

Claim this Listing
For Sale
$895,000

MULTI_FAMILY - BROWNSVILLE, TX

Type:Apartment
Property size:
6,600 SF
Lot size:
1.50 Acres
Price / SF:
$135.61/SF
Added:
May 28, 2026
Days on Market:
48
Last Refresh:
Jul 14 at 8:06 am

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 agent Mario Baez License #616428

Listing office EXP Realty, LLC 9600 Great Hills Trail Suite 150 W, Austin, TX

Listing date May 28, 2026

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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Real Estate Agency Law Firm Hair Salon Spa & Massage Center Big Box & Wholesale Store Nail Salon Skin Care Clinic Pharmacy Daycare Center Bakery

Zoning and permitted uses should be independently verified with local authorities.

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.
Contact an agent
More about this property
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