Ricardo Salazar REALTOR® · RCR Real Connect Realty
WhatsApp

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

Investor sheet · MLS# 29778435 · https://ricosalazar.com/properties/2396-hamburg-st-brownsville-tx-78520-29778435

For sale

$235,000

Price cut $10K

2396 Hamburg St., Brownsville, TX 78520

bd
4
ba
2
ft²
1,377
Est. cap rate 5.8% See the numbers →

MLS# 29778435 · Listed by Ryan De La Rosa, LEGACY REALTY GROUP RGV · Tel. 956-496-2034

  • TypeSingle-family home
  • Year built2004
  • Lot0.11 acres
  • Price / ft²$171
  • Est. rent$2,200/mo Est.
  • Gateway International Bridge≈ 10 min approx.
Virtual tour (opens another website in a new tab) Ask for a video walkthrough

Description

Discover this inviting 4-bedroom, 2-bath home nestled in the heart of Brownsville, Texas! Conveniently located just minutes from shopping centers, restaurants, schools, and everyday amenities, this property offers the perfect combination of comfort and location. Inside, you'll find a functional floor plan with spacious living areas, making it ideal for families, first-time homebuyers, or those looking to expand their investment portfolio. Whether you're searching for your first home or a property with excellent rental potential, this home offers endless possibilities. Enjoy the convenience of city living while being close to everything Brownsville has to offer. Don't miss this incredible opportunity to own a home with great value in a prime location. Schedule your private showing today and see all that this property has to offer!

Property details

Type
Single-family home · Single Family Residence
Status
For sale
MLS#
29778435
Price
$235,000
Price per ft²
$171
Bedrooms
4
Bathrooms
2
Living area
1,377 ft²
Lot size
0.11 acres
Year built
2004
Subdivision
El Valle Grande
City
Brownsville
County
Cameron
Days on market
86
Listed
Aug 3, 2026
Last updated
Sep 22, 2026, 1:28 PM CT

Numbers for investors

Price per ft²

$171

Source: MLS listing

Estimated rent

$2,200/mo

Gross yield 11.2%

Asking rent: median of 11 active rentals, ZIP 78520, 4 bedrooms (not signed leases) · RGV MLS, Oct 28, 2026

Days on market

86

Source: MLS listing

Est. fixed costs per month
$627/mo Est.
Cash to close with 25% down
$65,800 Est.
Est. cap rate
5.8% 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.

Investment calculator · Estimates

What could it earn?

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 11 active rentals, ZIP 78520, 4 bedrooms (not signed leases) · RGV MLS, Oct 28, 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
$26,400
Gross yield: rent ÷ price, before costs
11.2%
minus Vacancy (8% of gross rent) Assumption
$2,112
equals Rent collected
$24,288
minus Property tax Estimate
$5,170
minus Insurance Estimate
$2,350
minus HOA dues, 12 months Not provided
$0
minus Maintenance (5% of rent collected) Assumption
$1,214
minus Management (8% of rent collected) Assumption
$1,943
equals Net operating income (NOI)
$13,611
divided by Price MLS listing
$235,000
equals Cap rate
5.8%

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

Is it accurate?

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

2396 Hamburg St., Brownsville, TX 78520 Open in Google Maps (opens in a new tab)

  • Gateway International Bridge≈ 10 min approx.
  • UTRGV Brownsville campus≈ 10 min approx.
  • B&M International Bridge≈ 10 min approx.
  • Veterans International Bridge at Los Tomates≈ 10 min approx.
  • Port of Brownsville≈ 15 min approx.
  • South Padre Island (Queen Isabella Causeway)≈ 35 min approx.
  • SpaceX Starbase launch site, Boca Chica≈ 35 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

Buying from Mexico with a loan?

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
Website
https://ricosalazar.com/

Schedule a showing (in person or by video)

About: 2396 Hamburg St. · MLS# 29778435

Optional if you leave a WhatsApp or phone number.

No obligation

Single-family home · Brownsville

Similar properties

See all in Brownsville

Listing office: LEGACY REALTY GROUP RGV

Listing agent: Ryan De La Rosa

Office contact: 956-496-2034

MLS# 29778435 · Last updated

Want a second opinion on this one?

Ricardo can review the numbers, the area and the next steps with you, in Spanish or English.

Message on WhatsApp Write to Ricardo
$235,000Est. cap rate 5.8%

1 / 20

2396 Hamburg St., Brownsville, TX 78520 · MLS# 29778435