Ricardo Salazar REALTOR® · RCR Real Connect Realty
WhatsApp

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

Investor sheet · MLS# 29775527 · https://ricosalazar.com/properties/49-kansas-river-dr-brownsville-tx-78520-29775527

For sale

$268,500

49 Kansas River Dr, Brownsville, TX 78520

bd
1
ba
2
ft²
1,504
Est. cap rate 0.9% See the numbers →

MLS# 29775527 · Listed by Denise Parra, Coastal Realty · Tel. 956-541-9000

  • TypeSingle-family home
  • Year built2022
  • Lot0.11 acres
  • Price / ft²$179
  • HOA / month$130
  • Est. rent$1,300/mo Est.
  • Gateway International Bridge≈ 15 min approx.
Virtual tour (opens another website in a new tab) Ask for a video walkthrough

Description

Welcome to your peaceful retreat in the highly sought-after River Bend Resort! This charming home offers the perfect blend of comfort and tranquility in a beautifully maintained 55+ gated community. Surrounded by a scenic golf course and lush palm trees, and located just moments from the Rio Grande River, this property provides a calm, quiet atmosphere ideal for relaxing or enjoying nature. The inviting exterior and spacious driveway with an attached garage offer both curb appeal and convenience. Residents of River Bend Resort enjoy access to fantastic amenities, including a sparkling community pool, tennis courts, and a welcoming clubhouse—perfect for socializing and staying active. Whether you're looking for a full-time residence or a seasonal getaway, this home offers a serene lifestyle in a secure, beautifully landscaped, and friendly community. ***The information contained herein was obtained from sources believed reliable.

Property details

Type
Single-family home · Single Family Residence
Status
For sale
MLS#
29775527
Price
$268,500
Price per ft²
$179
Bedrooms
1
Bathrooms
2
Living area
1,504 ft²
Lot size
0.11 acres
Year built
2022
Subdivision
Rio Bravo Section 6
City
Brownsville
County
Cameron
HOA
$130/mo
Days on market
203
Listed
Apr 9, 2026
Last updated
Oct 9, 2026, 8:10 PM CT

Numbers for investors

Price per ft²

$179

Source: MLS listing

Estimated rent

$1,300/mo

Gross yield 5.8%

Asking rent: median of 11 active rentals, ZIP 78520, 1 bedroom (not signed leases) · RGV MLS, Oct 29, 2026

Days on market

203

Source: MLS listing

Est. fixed costs per month
$846/mo Est.
Cash to close with 25% down
$75,180 Est.
Est. cap rate
0.9% 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, 1 bedroom (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

Monthly dues per the MLS listing.

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
$15,600
Gross yield: rent ÷ price, before costs
5.8%
minus Vacancy (8% of gross rent) Assumption
$1,248
equals Rent collected
$14,352
minus Property tax Estimate
$5,907
minus Insurance Estimate
$2,685
minus HOA dues, 12 months MLS listing
$1,560
minus Maintenance (5% of rent collected) Assumption
$718
minus Management (8% of rent collected) Assumption
$1,148
equals Net operating income (NOI)
$2,334
divided by Price MLS listing
$268,500
equals Cap rate
0.9%

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, HOA
  • Our estimates and assumptions: rent, property tax, insurance, vacancy, maintenance, management
  • 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

49 Kansas River Dr, Brownsville, TX 78520 Open in Google Maps (opens in a new tab)

  • Gateway International Bridge≈ 15 min approx.
  • B&M International Bridge≈ 15 min approx.
  • UTRGV Brownsville campus≈ 15 min approx.
  • Veterans International Bridge at Los Tomates≈ 15 min approx.
  • Port of Brownsville≈ 20 min approx.
  • South Padre Island (Queen Isabella Causeway)≈ 40 min approx.
  • SpaceX Starbase launch site, Boca Chica≈ 40 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: 49 Kansas River Dr · MLS# 29775527

Optional if you leave a WhatsApp or phone number.

No obligation

Single-family home · Brownsville

Similar properties

See all in Brownsville

Listing office: Coastal Realty

Listing agent: Denise Parra

Office contact: 956-541-9000

MLS# 29775527 · 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
$268,500Est. cap rate 0.9%

1 / 18

49 Kansas River Dr, Brownsville, TX 78520 · MLS# 29775527