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    4245 Southmost Rd Brownsville, TX 78521

    For Sale
    $750,000

    Refurbished building, great rental income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional multi-use property, located at 4245 Southmost Rd., Brownsville, TX 78521, presents a unique investment opportunity. Built in 1995, the two-story building boasts a total of 5,000 square feet and is currently configured to generate rental income. The upper floor comprises three apartments, each featuring two bedrooms and one bathroom. These units have been recently refurbished and are in like-new condition. On the ground floor, there is a one-bedroom apartment and a substantial 1600 square foot space ideal for a variety of uses, including office space, retail, or event venue. The versatility of this space allows for significant adaptability to meet diverse business needs or expansion opportunities. The property is situated in Cameron County, Texas, offering convenient access to local amenities and transportation networks. The asking price for this turnkey investment is $750,000, with owner financing available with a $200,000 down payment. This presents a compelling opportunity for investors seeking a strong return on investment in a thriving Texas market. The property's recent refurbishment minimizes immediate capital expenditure needs, allowing for a rapid return on investment.

    Property Features for 4245 Southmost Rd

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1995

    HighLights

    • $750,000 asking price.
    • Special purpose property, Other subtype.
    • 1995 year built.
    • Located at 4245 Southmost Rd., Brownsville, TX 78521.
    • Two‑story building totaling 5,000 square feet.
    • Includes three 2‑bedroom, 1‑bathroom apartments and a 1,600 square foot space suitable for office, retail, or event space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Maiky's Party Place Party Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    CAMERON
    State
    Texas
    Longitude
    -97.4502421
    Latitude
    25.8973413

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    FAQs

    What type of property is this?
    Specialty property - Refurbished building, great rental income potential.
    Where is this specialty property located?
    The property is located at 4245 Southmost Rd Brownsville, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price.; Special purpose property, Other subtype.; 1995 year built.
    Request Owner's contact information
    4245 Southmost Rd Brownsville, TX 78521
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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
    4245 Southmost Rd Brownsville, TX 78521
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