**Prime Multifamily Investment in Brownsville** Explore this expansive multifamily property boasting seven units: four stylish studios and three comfortable apartments. Generating a solid $4000 in gross rent with just one vacancy, this property sits on a generous 0.92-acre lot in Brownsville, offering ample space and income potential in a prime location.
Sold
Price Unknown
998 Lago Rd, Brownsville, TX 78520
--beds
--baths
3,779sqft
Other Multi Unit
Built in 2005
-- sqft lot
$374,900 Zestimate®
$--/sqft
$1,286 Estimated rent
Home value
$374,900
$296,000 - $465,000
$1,286/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Citlally Gomez Zuniga,
RE/MAX Elite Brownsville
Bought with:
Citlally Gomez Zuniga
RE/MAX Elite Brownsville
Source: RGVMLS,MLS#: 29748745
Facts & features
Interior
Heating
- Central
Appliances
- Included: Electric Water Heater
Features
- None
Interior area
- Total structure area: 3,779
- Total interior livable area: 3,779 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Levels: One
- Fencing: Partial
Lot
- Size: 0.92 Acres
Details
- Parcel number: 7355990050019000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other Multi Unit
Materials
- Brick, Wood Siding
- Foundation: Slab
Condition
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: None
Community & HOA
Community
- Subdivision: Hacienda Del Norte
Location
- Region: Brownsville
Financial & listing details
- Tax assessed value: $295,941
- Annual tax amount: $4,454
- Date on market: 7/14/2026
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/19/2024 | Sold | -- |
Source:  RGVMLS #29748745 Report a problem | ||
| 11/17/2023 | Listed for sale | $170,000$45/sqft |
Source: RGVMLS #29748745 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,454 -2.6% | $295,941 +10.9% |
| 2024 | $4,572 +145.3% | $266,842 +12.8% |
| 2023 | $1,864 -30.3% | $236,526 +11.9% |
| 2022 | $2,674 | $211,456 -0.5% |
| 2021 | -- | $212,549 |
| 2020 | -- | $212,549 +10% |
| 2019 | $3,398 +31% | $193,143 0% |
| 2018 | $2,593 +9.2% | $193,155 -1.5% |
| 2017 | $2,374 +0.4% | $196,103 +1.5% |
| 2016 | $2,364 +24.8% | $193,242 +95.4% |
| 2015 | $1,894 | $98,883 -0.8% |
| 2014 | $1,894 | $99,673 -0.8% |
| 2013 | -- | $100,463 -0.5% |
| 2012 | -- | $100,985 |
| 2011 | -- | $100,985 -0.8% |
| 2010 | -- | $101,774 -0.8% |
| 2009 | -- | $102,565 -0.8% |
| 2008 | -- | $103,354 -0.8% |
| 2007 | -- | $104,145 +371.6% |
| 2005 | $482 -0.2% | $22,083 |
| 2004 | $483 +3.2% | $22,083 +1.4% |
| 2003 | $468 -0.2% | $21,768 |
| 2002 | $469 +35.3% | $21,768 |
| 2001 | $347 | -- |
Find assessor info on the county website
Neighborhood: 78520
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Nearby schools
GreatSchools rating
- 5/10Villa Nueva Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 7/10Stillman Middle SchoolGrades: 6-8Distance: 3.7 mi
- 7/10Veterans Memorial High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Villa Nueva
- Middle: Stillman
- High: Veterans Memorial
- District: Brownsville I.S.D.
Source: RGVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Cameron County
- Brownsville
- 78520
- 998 Lago Rd
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