Southmost Investment
5994 SOUTHMOST RD., Brownsville, TX 78523
New
MULTI_FAMILY - BROWNSVILLE, TX
Type:Apartment
Property size:
6,600 SFLot size:
1.50 AcresPrice / SF:
$135/SF- Added:
- May 28, 2026
- Days on Market:
- 2
- Last Refresh:
- May 29 at 8:06 pm
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 (956) 827-0170
Listing office EXP Realty, LLC 9600 Great Hills Trail Suite 150 W, Austin, TX (888) 519-7431
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.
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.
- Includes a single‑family home within the complex, offering added rental income or onsite management options.
- Sturdy block construction for low maintenance, plus recent roof and A/C improvements.
- Low property taxes and steady rental revenue make this a strong long‑term investment.
Overview
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.
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 Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Brownsville
- County
- Cameron
- State
- Texas
- Longitude
- -97.4370731
- Latitude
- 25.8824368
Nearby Similar for Sale
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.
