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    925 Iowa Ave Brownsville, TX 78521

    For Sale
    $1,800,000

    14 Units, 1.4 Acres, High ROI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents fourteen brand-new duplex units, totaling seven duplex buildings, situated on a spacious 1.4-acre lot in Brownsville, Texas. Constructed in 2023, these units offer a compelling combination of modern amenities and strong rental potential. Each unit boasts two bedrooms and one bathroom, complete with a refrigerator and stove, enhancing their appeal to tenants. Ample parking is provided with two designated spaces in front of each unit. The entire property will be fully fenced for enhanced security and privacy. Conveniently located near the Brownsville Airport, this property benefits from excellent accessibility. The property features a single water meter for the entire complex, with the landlord covering water expenses, while individual electric meters ensure accurate billing for each unit. This turnkey investment offers a rare chance to acquire a newly built, multi-unit property in a desirable location with significant potential for long-term growth and strong cash flow. The asking price is $1,800,000. The property's address is 925 IOWA, Brownsville, TX 78521.

    Property Features for 925 Iowa Ave

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    2023

    HighLights

    • 14 brand‑new duplex units (7 buildings) on a 1.4‑acre lot in Brownsville, TX.
    • Built in 2023, each unit features 2 bedrooms, 1 bath, refrigerator, and stove.
    • Ample parking (2 spaces per unit) and fully fenced for security.
    • Convenient location near Brownsville Airport.
    • Single water meter (landlord‑paid), individual electric meters.
    • Turnkey investment opportunity; asking price $1,800,000; address: 925 IOWA, Brownsville, TX 78521.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    CAMERON
    State
    Texas
    Longitude
    -97.435984
    Latitude
    25.928632

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    FAQs

    What type of property is this?
    Specialty property - 14 Units, 1.4 Acres, High ROI
    Where is this specialty property located?
    The property is located at 925 Iowa Ave Brownsville, TX.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 14 brand-new duplex units (7 buildings) on a 1.4-acre lot in Brownsville, TX.; Built in 2023, each unit features 2 bedrooms, 1 bath, refrigerator, and stove.; Ample parking (2 spaces per unit) and fully fenced for security.
    Request Owner's contact information
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    Brownsville, TX 78521
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    925 Iowa Ave Brownsville, TX 78521
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