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1380 MILPA VERDE
BROWNSVILLE TX 78521 US

$730,000

Active Listing ID 29777200
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Lot: 2.50 Acres
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Apartment

$730,000

Active Listing ID 29777200
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1380 MILPA VERDE Exceptional value-add investment opportunity featuring a 17-unit multifamily property situated on approximately 2.5 acres, offering both immediate income potential and long-term upside. Several occupied units are currently rented below market rent, providing investors with the opportunity to increase cash flow through strategic rent adjustments as leases turn over. The property also includes 6 vacant units, creating an excellent opportunity for renovations to further enhance returns. With its expansive 2.5-acre site, there may be additional potential for future expansion or redevelopment, subject to buyer due diligence and any applicable local regulations. Whether you're looking to grow your portfolio, reposition an underperforming asset, or capitalize on the property's excess land, this is a rare chance to acquire a multifamily investment with multiple avenues for value creation. Don't miss the opportunity to unlock the full potential of this unique income-producing property.

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Property Features

  • Facts
  • Lot Size: 2.50 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Cooling System: Ductless, Zoned
  • Floor Covering: Vinyl

School Information

  • School
  • GARZA(Elementary)
  • BESTEIRO(MiddleSchool)
  • LOPEZ(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 730000
  • unparsedaddress: 1380 MILPA VERDE
  • postalcity: BROWNSVILLE
  • stateorprovince: TX
  • country: US
  • postalcode: 78521
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.5
  • lotsizeunits: Acres
  • lotsizearea: 2.5
  • livingarea: 9750
  • livingareaunits: Square Feet
  • latitude: 25.8853473
  • longitude: -97.4508126
  • listagentfullname: Cesar Cepeda
  • listagentemail: ccepeda.jr@yahoo.com
  • listagentkey: 3yd-HBRTX-296405_831
  • listagentmlsid: 296405_831
  • listagentpreferredphone: 9569083224
  • listagentofficephone: 9569083224
  • listofficekey: 3yd-HBRTX-296405
  • listofficemlsid: 296405
  • disclaimer: 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.
  • sourcesystemid: HBRTX
  • yearbuilt: 1970
  • listingcontractdate: 2026-06-15
  • listagenturl: GRTREALTY.NET
  • countyorparish: CAMERON
  • elementaryschool: GARZA
  • highschool: LOPEZ
  • elementaryschooldistrict: BROWNSVILLE I.S.D.
  • middleorjuniorschooldistrict: BROWNSVILLE I.S.D.
  • highschooldistrict: BROWNSVILLE I.S.D.
  • cooling: Ductless, Zoned
  • flooring: Vinyl
  • numberofunitstotal: 17
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.45081, 25.885347
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Grove Realty Team, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ccepeda.jr@yahoo.com", "ListBrokerageCity":"Brownsville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"brownsville.properties@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Grove Realty Team, LLC", "ListBrokeragePhone":"(956) 832-4458", "ListBrokeragePostalCode":"78520", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"905 E Los Ebanos Blvd. Suite D", "ListBrokerageWebsiteUrl":"http://www.groverealtyteam.com", "ListOfficeAddress1":"7280 N Frontage Rd ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"296405", "ListOfficeCity":"Olmito", "ListOfficeCountry":"US", "ListOfficeEmail":"brownsville.properties@gmail.com", "ListOfficePostalCode":"78575", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - BROWNSVILLE, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1380-Milpa-Verde_Brownsville_TX_78521_M97355-59902?f=listhub&s=HBRTX&m=29777200&c=rexren", "MLSModificationTimestamp":"2026-06-15 22:21:43", "Neighborhoods":[{"Description":null, "Name":"UNSUBDIVIDED"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/16/2026 12:05:08 AM GMT
Source Updated Date: 6/20/2026 12:30:50 PM GMT

Courtesy of: Cesar Cepeda, GRT Realty, ccepeda.jr@yahoo.com

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.