Ricardo Salazar REALTOR® · RCR Real Connect Realty
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Ricardo Salazar · REALTOR® · TREC #643769 · RCR Real Connect Realty (broker license #9012393)

Investor sheet · MLS# 29780607 · https://ricosalazar.com/properties/144-glenn-ct-brownsville-tx-78521-29780607

For sale

Single-family home

144 Glenn Ct, Brownsville, TX 78521

$168,000

bd
4
ba
2
ft²
1,484
Est. cash flow +$715/mo · Est. cap rate 11.1% See the numbers →

MLS# 29780607 · Listed by Jessica Puente Bradshaw, LPT Realty LLC · Tel. 877-366-2213

  • TypeSingle-family home
  • Year built1984
  • Lot0.14 acres
  • Price / ft²$113
  • Est. rent$2,500/mo Est.
  • Veterans International Bridge at Los Tomates≈ 5 min approx.
Ask for a video walkthrough

Description

Welcome to this 4-bedroom, 2-bath home tucked away on a quiet cul-de-sac near Brownsville South Padre Island International Airport! Featuring a spacious backyard, mature shade trees, covered side patio, and ample parking. Inside, enjoy a practical layout with a flexible bonus room, ideal for a home office, hobby room, or additional living space. A great opportunity to make this home your own! ----- Conozca esta casa de 4 recmaras y 2 baos, ubicada en una tranquila calle, cerca del aeropuerto de Brownsville! Cuenta con amplio patio trasero, rboles que brindan sombra, porche lateral techado y espacio para varios vehculos. Su distribucin funcional incluye un cuarto adicional, ideal para oficina, pasatiempos o espacio de convivencia. Una excelente oportunidad para darle su toque personal!

Property Details

Type
Single-family home · Single Family Residence
Status
For sale
MLS#
29780607
Price
$168,000
Price per ft²
$113
Bedrooms
4
Bathrooms
2
Living area
1,484 ft²
Lot size
0.14 acres
Year built
1984
Subdivision
Horseshoe Lake
City
Brownsville
County
Cameron
Days on market
0
Listed
Oct 29, 2026
Last updated
Oct 29, 2026, 12:36 PM CT

Key Figures

Price per ft²

$113

Source: MLS listing

Estimated rent

$2,500/mo

Gross yield 17.9%

Asking rent: median of 5 active rentals, ZIP 78521, 4 bedrooms (not signed leases) · RGV MLS, Oct 29, 2026

Days on market

0

Source: MLS listing

Est. fixed costs per month
$448/mo Est.
Cash to close with 25% down
$47,040 Est.
Est. cap rate
11.1% Est.

How we calculate the cap rate, and how accurate it is

General information only, not legal, tax or financial advice. Ricardo Salazar is a licensed real estate agent, not an attorney, CPA or lender. Consult qualified professionals in the U.S. and Mexico.

Estimates Only

Investment Calculator

Purchase

List price per the MLS. Try your own offer.

25%

100% = cash purchase, no loan.

7%

Planning assumption, not a lender quote.

Loan term
Income
/mo

Asking rent: median of 5 active rentals, ZIP 78521, 4 bedrooms (not signed leases) · RGV MLS, Oct 29, 2026

8%

Share of the year the property sits empty.

Expenses
/yr

Estimated at 2.2% of the price per year. Verify it with the Cameron Appraisal District.

/yr

Estimated at 1% of the price per year; coastal wind coverage can cost more.

/mo

If the property has an HOA, enter the monthly dues.

5%

% of collected rent.

8%

% of collected rent, if you hire a manager.

3%

Buyer side: title, appraisal, lender fees (estimate).

How we calculate the cap rate, and how accurate it is

Cap rate = NOI ÷ price. NOI is the rent you would collect in a year, after vacancy, minus the costs of running the property. The loan is left out, so the cap rate measures the property as if you paid cash.

Gross rent, 12 months Estimate
$30,000
Gross yield: rent ÷ price, before costs
17.9%
minus Vacancy (8% of gross rent) Assumption
$2,400
equals Rent collected
$27,600
minus Property tax Estimate
$3,696
minus Insurance Estimate
$1,680
minus HOA dues, 12 months Not provided
$0
minus Maintenance (5% of rent collected) Assumption
$1,380
minus Management (8% of rent collected) Assumption
$2,208
equals Net operating income (NOI)
$18,636
divided by Price MLS listing
$168,000
equals Cap rate
11.1%

Amounts are rounded to the dollar; the cap rate uses the exact figures.

Accuracy

It is an estimate, not a quote or a guaranteed return. It is only as good as its inputs:

  • From the MLS listing: price
  • Our estimates and assumptions: rent, property tax, insurance, vacancy, maintenance, management
  • Not provided, counted as $0: HOA
  • MLS figures are what the listing reports. We have not verified them.
  • Listings in this MLS do not include property tax, so unless you enter your own figure we use 2.2% of the price a year. Look up the property’s value and taxing units at the Cameron Appraisal District (opens in a new tab); a rental does not get the homestead exemption.
  • If a listing advertises its own cap rate, it may leave out vacancy, management or other costs, which makes it look higher.
  • To confirm it, ask for the current lease or rent roll, last year’s tax bill (Cameron County Tax Assessor-Collector) and your own insurance quote from a Texas-licensed agent; coastal wind and flood coverage can cost much more. For a specific property, Ricardo can ask the listing agent for the lease, the tax bill and what the seller pays for insurance.

What It Leaves Out

  • The mortgage. Your loan shows up in cash flow and cash-on-cash, not in the cap rate.
  • Big repairs and replacements (roof, A/C, appliances) and savings set aside for them.
  • Utilities, lawn care or pest control, if the owner pays them.
  • Closing costs, leasing fees, income taxes in the U.S. or Mexico, and depreciation.

Location and Drive Times

144 Glenn Ct, Brownsville, TX 78521 Open in Google Maps (opens in a new tab)

  • Veterans International Bridge at Los Tomates≈ 5 min approx.
  • UTRGV Brownsville campus≈ 5 min approx.
  • Gateway International Bridge≈ 5 min approx.
  • B&M International Bridge≈ 10 min approx.
  • Port of Brownsville≈ 10 min approx.
  • SpaceX Starbase launch site, Boca Chica≈ 30 min approx.
  • South Padre Island (Queen Isabella Causeway)≈ 30 min approx.

Approximate car times computed from the map: city pace for the first 10 km, highway pace after that, and trips that would cross the ship channel go around it by the Port. They do not include traffic, bridge waits or launch-day road closures.

Schematic

Approximate positions; not a navigation map.

  1. Port of Brownsville
  2. SpaceX Starbase
  3. South Padre Island
  4. Brownsville
  5. Los Fresnos
  6. Rancho Viejo · Olmito

Base map data © OpenStreetMap

Financing for Foreign Buyers

Ricardo is not a lender. Ask him which loan types exist for foreign buyers and which documents lenders usually request.

Message on WhatsApp Read the buying guide

Ask About This Property

Ricardo Salazar

REALTOR® · TREC #643769

Ricardo Salazar

RCR Real Connect Realty

  • Español
  • English
Phone / WhatsApp
+1 (956) 592-5052
Email
rico.salazar20@gmail.com
Website
https://ricosalazar.com/

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About: 144 Glenn Ct · MLS# 29780607

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Listing office: LPT Realty LLC

Listing agent: Jessica Puente Bradshaw

Office contact: 877-366-2213

MLS# 29780607 · Last updated

Contact

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$168,000Est. cash flow +$715/mo

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144 Glenn Ct, Brownsville, TX 78521 · MLS# 29780607

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