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    Multi-Family Investment Property Title is generated by Realmo AI

    6645 PORTWAY DR., Brownsville, TX 78520

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    Claim this Listing
    New
    For Sale
    $279,995

    MULTI_FAMILY - BROWNSVILLE, TX

    Property size:
    1,880 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $148/SF
    Added:
    Jun 20, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 20 at 3:06 pm

    Property Features for 6645 PORTWAY DR.

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Bedrooms
    2
    Bathrooms
    1
    Rooms
    Bathroom 1, Bedroom 2, Bedroom 1
    Patio and Porch features
    Patio
    Interior features
    Ceiling Fans, Firewall
    Exterior features
    Patio Slab
    Fencing
    Chain Link, Privacy
    Standard status
    Active
    Size
    1,880 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2026
    Floors in Building
    1
    Flooring type
    Tile
    Roof type
    Composition

    We can help!

    Listing Contact
    Mary Eljure

    Listing agent Mary Eljure License #0657147

    Listing office Real Broker, LLC 2626 Cole Avenue. Ste 300, Dallas, TX

    Listing date Jun 20, 2026

    MLS# 29777317 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

    • Under construction home with 2026 year built
    • Central heating and central air conditioning
    • Tile flooring throughout
    • 2‑bedroom layout with 1 bathroom
    • Patio with patio slab exterior; composition shingle roof
    • Utilities: public water and public sewer; chain‑link and privacy fencing

    Overview

    This multi-family property is offered for sale at 6645 Portway Dr., Brownsville, TX 78520. The building totals approximately 1,880 square feet, situated on a lot of about 0.155 acres. The listing provides a straightforward, low-footprint configuration consistent with a compact income-oriented setup.

    The property is positioned in Brownsville’s industrial work area, with the seller describing it as suited to the area’s continuing development. Access is via Portway Dr. in the Cameron County market.

    For buyers seeking a smaller-scale, multi-family asset in Brownsville, this offering provides a manageable size with both building area and land area clearly identified. As presented, it may also be of interest to investors evaluating properties within the industrial work area of the city. Prospective buyers should review the on-site details and confirm current condition and unit layout during due diligence.

    Local Financial Insights For Flex RnD

    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 $25.0k $13.32
    − Vacancy −$300 −$0.16
    EGI $24.7k $13.16
    − OpEx −$8.7k −$4.61
    NOI $16.1k $8.55
    1,880 SF · lease $13.32/SF/yr · vacancy 1.20% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $229.7K
    $201.0K – $268.0K (±1% cap)
    NOI $16,082 @ 7.0% cap · market cap 5.74%
    Second Best
    Industrial
    $125.7K
    $110.0K – $146.6K (±1% cap)
    NOI $8,796 @ 7.0% cap · market cap 3.14%
    Theoretical Best
    Healthcare Medical
    $323.7K
    $283.2K – $377.7K (±1% cap)
    NOI $22,659 @ 7.0% cap · market cap 8.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    Cameron
    State
    Texas
    Longitude
    -97.438096
    Latitude
    25.934879

    FAQs

    What type of property is this?
    Flex space - For sale multi-family property in Brownsville, TX, offering a compact footprint on a small lot.
    Where is this flex space located?
    The property is located at 6645 PORTWAY DR. Brownsville, TX.
    What is the asking price?
    The asking price for this property is $279,995.
    What are key features of this property?
    This property features: Under construction home with 2026 year built; Central heating and central air conditioning; Tile flooring throughout
    More about this property
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