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Duplex with Leased Units
For Sale
$279,995
Pending

6645 PORTWAY DR., Brownsville, TX 78520

Residential Income, BROWNSVILLE, TX

Property Size1,880 SF
Lot Size0.16 Acres
Days on Market122

Property Features for 6645 PORTWAY DR.

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1, Bedroom 2
Patio and Porch features Patio
Interior features Ceiling Fans, Firewall
Exterior features Patio Slab
Fencing Privacy, Chain Link
Subdivision PORTWAY ACRES
Lot features Curb & Gutter
Elementary school PERKINS
Middle school GONZALEZ
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 Pending
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
Listing Agency: Real Broker, LLC
Listed By: Mary Eljure
Added: Jun 20 Changed: Oct 18 Last Checked: Oct 19 at 6:06PM
MLS# 29777317

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.

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Investment Insights

Based on property information with market context.

This 1,880-square-foot duplex sits on a 0.155-acre lot at 6645 Portway Drive in Brownsville. The property is listed as under construction and has a 2026 year built. Interior features include ceiling fans, tile flooring, and a firewall; each side is reported leased.

The property has central heating and central air conditioning, public water, and public sewer. Exterior features include a patio slab and privacy and chain-link fencing.

Key Highlights

  • Both sides are leased
  • 1,880 square feet on a 0.155‑acre lot
  • Under construction; year built listed as 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,510
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,200 $310.2K
Cap Rate 7%
$221,571 $221.6K
Cap Rate 9%
$172,333 $172.3K
Market Conditions
NOI Build-Up for 1,880 SF
Gross rent
$23.7K $12.60/SF
− Vacancy
−$1.5K −$0.81/SF
EGI
$22.2K $11.79/SF
− OpEx
−$6.6K −$3.54/SF
NOI
$15.5K $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%
$310,200
Cap Rate 7%
$221,571
Cap Rate 9%
$172,333

Alternative Uses

Best Use
Multifamily LT 5
$221.6K
$193.9K – $258.5K (±1% cap)
NOI $15,510 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$203.2K
$177.8K – $237.1K (±1% cap)
NOI $14,224 @ 7.0% cap · market cap 5.08%
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 authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

Demographics for 78520, TX

64,949
Population
22,543
Households
2.9
Avg Household Size
34
Median Age
23%
College-Educated
69%
High-School Grad
39.7 sq mi
ZIP Area
1,636
Density / Sq Mi
$47,331
Median Household Income
$27,529
Median Earnings
$842
Median Rent
$129,200
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

Frequently Asked Questions

What type of property is this?
Duplex - Both units are leased, with central heating and air conditioning in place.
Where is this duplex 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: Both sides are leased; 1,880 square feet on a 0.155‑acre lot; Under construction; year built listed as 2026
More about this property
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