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# 29777311 · https://ricosalazar.com/properties/44-san-marcos-brownsville-tx-78520-29777311

For sale

$205,000

Price cut $53K

44 San Marcos, Brownsville, TX 78520

bd
3
ba
3
ft²
3,661
Est. cap rate 5.2% See the numbers →

MLS# 29777311 · Listed by Mary Eljure, Real Broker, LLC · Tel. 855-450-0442

  • TypeSingle-family home
  • Year built1975
  • Lot0.14 acres
  • Price / ft²$56
  • Est. rent$1,800/mo Est.
  • Port of Brownsville≈ 5 min approx.
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Description

Investor alert Check out this Very spacious home with a recently installed roof and a/c unit. Property is conveniently located right down the road from all the newest developments of industrial companies in the Amfels and surrounding worksites right down HWY , 48 with just a 15 minute drive to space X as well. This home has amazing potential as there is a spacious extra building in the back which is currently used as a private bar to host and entertain, while the opposite side is a tool warehouse , with an additional vacant room in between. This additional standalone building sits right behind of the fully covered patio with full title entirely throughout, and surrounded by fruit trees can easily be a multi -unit efficiency and potentially generate revenue. It is suitable for anything ! Great home for a big family or an amazing start of an investment.

Property details

Type
Single-family home · Single Family Residence
Status
For sale
MLS#
29777311
Price
$205,000
Price per ft²
$56
Bedrooms
3
Bathrooms
3
Living area
3,661 ft²
Lot size
0.14 acres
Year built
1975
Subdivision
Minnesota Est
City
Brownsville
County
Cameron
Days on market
132
Listed
Jun 19, 2026
Last updated
Oct 20, 2026, 3:27 PM CT

Numbers for investors

Price per ft²

$56

Source: MLS listing

Estimated rent

$1,800/mo

Gross yield 10.5%

Asking rent: median of 15 active rentals, ZIP 78520, 3 bedrooms (not signed leases) · RGV MLS, Oct 29, 2026

Days on market

132

Source: MLS listing

Est. fixed costs per month
$547/mo Est.
Cash to close with 25% down
$57,400 Est.
Est. cap rate
5.2% 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 15 active rentals, ZIP 78520, 3 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
$21,600
Gross yield: rent ÷ price, before costs
10.5%
minus Vacancy (8% of gross rent) Assumption
$1,728
equals Rent collected
$19,872
minus Property tax Estimate
$4,510
minus Insurance Estimate
$2,050
minus HOA dues, 12 months Not provided
$0
minus Maintenance (5% of rent collected) Assumption
$994
minus Management (8% of rent collected) Assumption
$1,590
equals Net operating income (NOI)
$10,729
divided by Price MLS listing
$205,000
equals Cap rate
5.2%

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

44 San Marcos, Brownsville, TX 78520 Open in Google Maps (opens in a new tab)

  • Port of Brownsville≈ 5 min approx.
  • UTRGV Brownsville campus≈ 10 min approx.
  • Veterans International Bridge at Los Tomates≈ 10 min approx.
  • Gateway International Bridge≈ 10 min approx.
  • B&M International Bridge≈ 10 min approx.
  • SpaceX Starbase launch site, Boca Chica≈ 25 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

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.

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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/

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Single-family home · Brownsville

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Listing office: Real Broker, LLC

Listing agent: Mary Eljure

Office contact: 855-450-0442

MLS# 29777311 · Last updated

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$205,000Est. cap rate 5.2%

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44 San Marcos, Brownsville, TX 78520 · MLS# 29777311