Multifamily Investment Opportunity | Brownsville, TX: NEW ROOF JUST INSTALLED MAY 2026 Income-producing 12-door multifamily complex located on S Central Avenue, offering strong accessibility to major employment, retail, and transportation corridors. The property consists of 12 total units, including four 2-bedroom, 1-bath units and eight 1-bedroom, 1-bath units, providing a balanced unit mix that supports broad tenant demand and stable occupancy. The site features mature trees, ample parking, and a metal storage shed suitable for maintenance or service use. This asset delivers immediate in-place cash flow with additional upside through operational improvements and rent optimization. Strategically located near Downtown Brownsville, UT Brownsville, Gladys Porter Zoo, and Valley Baptist Medical Center, with proximity to the airport, SpaceX, South Padre Island, and the International Border. T-12, Rent Roll, and Profit & Loss statements available upon request.
For sale
$640,000
1035 S Central Ave, Brownsville, TX 78521
6beds
4baths
5,758sqft
:
Get pre-qualified$4,707/mo
Apartment, Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$111/sqft
$-- HOA
What's special
Ample parkingMature trees
- 130 days |
- 127 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Hortencia Camargo 956-212-6840,
Coldwell Banker La Mansion
Source: Greater McAllen AOR,MLS#: 498946
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater, No Conveying Appliances
- Laundry: None
Features
- None
- Flooring: Carpet, Laminate
Interior area
- Total structure area: 5,758
- Total interior livable area: 5,758 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Exterior features: None
- Fencing: None
Lot
- Size: 1 Acres
- Features: Mature Trees
Details
- Additional structures: Outbuilding (None)
- Parcel number: 0279100050060400
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Frame/Wood
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
Green energy
- Energy efficient items: None
Community & HOA
Community
- Features: None
- Subdivision: El Jardin
HOA
- Has HOA: No
Location
- Region: Brownsville
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $366,671
- Annual tax amount: $6,394
- Date on market: 3/23/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,566/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Listed for sale | $640,000+28%$111/sqft |
Source: Greater McAllen AOR #498946 Report a problem | ||
| 3/28/2025 | Sold | -- |
Source:  RGVMLS #29761449 Report a problem | ||
| 1/8/2025 | Price change | $499,900-16%$87/sqft |
Source: RGVMLS #29761449 Report a problem | ||
| 12/8/2024 | Listed for sale | $595,000$103/sqft |
Source: RGVMLS #29761449 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,394 +26.3% | $308,471 +28.2% |
| 2024 | $5,065 +18.5% | $240,582 +18.9% |
| 2023 | $4,273 -10.9% | $202,275 +0.8% |
| 2022 | $4,796 | $200,599 +0.9% |
| 2021 | -- | $198,723 +0.9% |
| 2020 | -- | $197,018 +40.3% |
| 2019 | $3,451 +2.2% | $140,413 |
| 2018 | $3,377 -1.9% | $140,413 |
| 2017 | $3,441 +4.2% | $140,413 -0.4% |
| 2016 | $3,302 -7.3% | $140,909 |
| 2015 | $3,562 | $140,909 +0.1% |
| 2014 | $3,562 | $140,777 -1.5% |
| 2012 | -- | $142,855 |
| 2011 | -- | $142,855 +6.7% |
| 2009 | -- | $133,855 |
| 2008 | -- | $133,855 +9.8% |
| 2005 | $3,426 +14.4% | $121,936 |
| 2002 | $2,994 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Southmost
Nearby schools
GreatSchools rating
- NADel Castillo Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Lucio Middle SchoolGrades: 6-8Distance: 2.2 mi
- 4/10Lopez High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Morningside
- Middle: Lucio
- High: Lopez H.S.
- District: Brownsville ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- $151,400-- bd-- ba-- sqft1010 S Central Ave, Brownsville, TX 78521Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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