For sale

$235,000

116 W Park Dr, Brownsville, TX 78520

--beds

--baths

2,994sqft

$1,759/mo

Get pre-qualified

Multi Family

Built in 1954

-- sqft lot

$-- Zestimate^®

$78/sqft

$-- HOA

What's special

INVESTMENT OPPORTUNITY!! This well-located four unit property offers excellent potential for investors looking to add to their portfolio. Three of the four units are currently occupied, providing immediate rental income, while the fourth unit is currently undergoing repairs/remodeling and offers an opportunity to increase future income potential. One of the occupied units does require some additional work. Situated in a quiet established area conveniently located near Downtown and the hospital, with easy access to shopping, dinning, schools and major thoroughfares. Whether your looking for a cash-flowing investment or a property with value-add potential, this four unit property offers an excellent opportunity to maximize its potential.

13 days
115
6

Facts & features

Interior

Appliances

Included: Electric Water Heater

Features

None
Basement: Crawl Space

Interior area

Total structure area: 2,994
Total interior livable area: 2,994 sqft

Property

Parking

Total spaces: 7
Parking features: 4 or More Car Garage
Has garage: Yes

Features

Levels: One
Exterior features: None

Lot

Size: 0.4 Acres
Features: None

Details

Additional structures: None
Parcel number: 0631200010004000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding

Condition

Year built: 1954

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: None

Community & HOA

Community

Subdivision: Riversd Prk Add

Location

Region: Brownsville

Financial & listing details

Price per square foot: $78/sqft
Tax assessed value: $176,097
Annual tax amount: $3,603
Date on market: 8/17/2026
Listing terms: Cash
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/17/2026	Listed for sale	$235,000+62.1%$78/sqft
Source: RGVMLS #29778820 Report a problem
3/25/2020	Listing removed	$145,000$48/sqft
Source: Nexus Real Estate #29721906 Report a problem
3/22/2020	Pending sale	$145,000$48/sqft
Source: Nexus Real Estate #29721906 Report a problem
2/12/2020	Listed for sale	$145,000-3.3%$48/sqft
Source: Nexus Real Estate #29721906 Report a problem
12/27/2019	Listing removed	$150,000$50/sqft
Source: Resaca Realty #29715443 Report a problem
12/27/2018	Listed for sale	$150,000+30.4%$50/sqft
Source: Resaca Realty #29715443 Report a problem
1/26/2017	Listing removed	$115,000$38/sqft
Source: Resaca Realty #29667212 Report a problem
1/27/2016	Listed for sale	$115,000$38/sqft
Source: Resaca Realty #67212 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,603 -9%	$176,097
2024	$3,960 +2.9%	$176,097 +3.6%
2023	$3,849 +21.5%	$169,924 +37.4%
2022	$3,168	$123,692 +29.7%
2021	--	$95,368 +69.3%
2020	--	$56,317 +1.4%
2019	$1,461 +2.3%	$55,562
2018	$1,429 -2%	$55,562
2017	$1,458 +4.9%	$55,562 +0.1%
2016	$1,389 +4.4%	$55,484 +0.9%
2015	$1,331	$54,964 +3.3%
2014	$1,331	$53,224 +6.7%
2012	--	$49,905
2011	--	$49,905 +12%
2010	--	$44,546
2009	--	$44,546
2008	--	$44,546 -0.5%
2004	$1,239 +1.4%	$44,754
2003	$1,222 -0.1%	$44,754
2002	$1,224 -9.1%	--
2001	$1,346 +3.5%	--
2000	$1,300	--