Prime investment opportunity on a spacious corner lot, minutes from Boca Chica Blvd and positioned along the route toward Port of Brownsville and Star base, where SpaceX's growth continues to fuel housing demand across the Rio Grande Valley. This 3 bed, 2 bath home offers approximately 2,000 square feet of living space with tile flooring throughout, a functional open layout, and a large lot with room to work with. An additional two-story block structure on the property offers a rare chance for a creative buyer to rehab, expand, or redevelop. As Brownsville continues to see new investment and revitalization, this is a chance to get in at an entry price and build equity through renovation. Sold as-is; the home and additional structure need repairs, including the roof.
For sale
$156,395
155 Velma St, Brownsville, TX 78521
3beds
1,998sqft
Single Family Residence, Residential
Built in 1955
5,998 Square Feet Lot
$-- Zestimate®
$78/sqft
$-- HOA
What's special
Tile flooring throughoutSpacious corner lotFunctional open layout
- 25 days
- 384
- 7
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Alejandro Nivon 956-756-6241,
Tnt Real Estate
Source: Greater McAllen AOR,MLS#: 516428
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Description: Living Area(s): 1
Living room
- Description: Living Area(s): 1
Cooling
- Window Unit(s)
Appliances
- Included: Water Heater (None), No Conveying Appliances
- Laundry: Laundry Area, Washer/Dryer Connection
Features
- Countertops (Other), Ceiling Fan(s)
- Flooring: Tile
- Windows: Window Coverings
Interior area
- Total structure area: 1,998
- Total interior livable area: 1,998 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Exterior features: Mature Trees
- Fencing: Wood
Lot
- Size: 5,998 Square Feet
- Features: Corner Lot, Mature Trees
Details
- Parcel number: 0508600030012000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Other
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
Green energy
- Energy efficient items: None
Community & HOA
Community
- Features: None
- Subdivision: Mullen
HOA
- Has HOA: No
Location
- Region: Brownsville
Financial & listing details
- Price per square foot: $78/sqft
- Tax assessed value: $126,623
- Annual tax amount: $2,305
- Date on market: 10/1/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,617/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $156,395$78/sqft |
Source: Greater McAllen AOR #516428 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,758 +9.3% | $112,675 +14% |
| 2024 | $1,608 +14.2% | $98,861 +13.8% |
| 2023 | $1,408 +8.2% | $86,898 +24.7% |
| 2022 | $1,301 | $69,669 -0.3% |
| 2021 | -- | $69,884 -0.6% |
| 2020 | -- | $70,313 +22.5% |
| 2019 | $1,192 +1.2% | $57,375 -0.8% |
| 2018 | $1,178 +22.8% | $57,809 +18.9% |
| 2017 | $960 +2.3% | $48,621 -0.7% |
| 2016 | $938 -12.1% | $48,968 -0.4% |
| 2015 | $1,067 | $49,142 -0.8% |
| 2014 | $1,067 | $49,544 -0.7% |
| 2013 | -- | $49,892 -0.7% |
| 2012 | -- | $50,239 -0.7% |
| 2011 | -- | $50,586 -0.7% |
| 2010 | -- | $50,934 -0.3% |
| 2009 | -- | $51,107 -0.7% |
| 2008 | -- | $51,455 +8.1% |
| 2005 | $1,092 -0.2% | $47,598 |
| 2004 | $1,095 +1.4% | $47,598 |
| 2003 | $1,080 +3.5% | $47,598 +53.8% |
| 2002 | $1,044 +1.1% | $30,950 +2.2% |
| 2001 | $1,033 +23.9% | $30,270 +10% |
| 2000 | $834 | $27,518 |
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: 78521
Nearby schools
Schools provided by the listing agent
- Elementary: Perez
- Middle: Oliveira
- High: Porter 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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