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# 29778837 · https://ricosalazar.com/properties/559-s-medford-ave-brownsville-tx-78521-29778837

For sale

Single-family home

559 S Medford Ave., Brownsville, TX 78521

$217,000

Price cut $20K
bd
4
ba
2
ft²
1,350
Est. cash flow +$340/mo · Est. cap rate 7.9% See the numbers →

MLS# 29778837 · Listed by Edward Saldivar, PCI Realty, LLC · Tel. 956-509-5151

  • TypeSingle-family home
  • Year built2001
  • Lot0.11 acres
  • Price / ft²$161
  • Est. rent$2,500/mo Est.
  • Port of Brownsville≈ 5 min approx.
Ask for a video walkthrough

Description

Exceptional location with high-value updates in this versatile 4-bedroom, 2-bath home located just 15 miles from Starbase TX. This property provides unbeatable proximity for SpaceX professionals, commuters, or savvy real estate investors looking for strong rental potential in East Brownsville. Enjoy true peace of mind with big-ticket mechanical and structural upgrades, including a recently replaced roof and updated internal HVAC components for energy efficiency. Inside, you will find modern refreshments throughout the kitchen and bathrooms, featuring updated countertops, deep sinks, and stylish new faucets. The original garage has been thoughtfully converted into a spacious 4th bedroom, perfect for a primary suite, guest room, or dedicated home office. Outside, the property features a fully fenced yard for privacy and security, along with an expanded driveway designed to fit 3 vehicles comfortably side-by-side. Move-in ready!

Property Details

Type
Single-family home · Single Family Residence
Status
For sale
MLS#
29778837
Price
$217,000
Price per ft²
$161
Bedrooms
4
Bathrooms
2
Living area
1,350 ft²
Lot size
0.11 acres
Year built
2001
Subdivision
El Naranjal
City
Brownsville
County
Cameron
Days on market
73
Listed
Aug 17, 2026
Last updated
Sep 28, 2026, 8:17 AM CT

Key Figures

Price per ft²

$161

Source: MLS listing

Estimated rent

$2,500/mo

Gross yield 13.8%

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

Days on market

73

Source: MLS listing

Est. fixed costs per month
$579/mo Est.
Cash to close with 25% down
$60,760 Est.
Est. cap rate
7.9% 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.

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
13.8%
minus Vacancy (8% of gross rent) Assumption
$2,400
equals Rent collected
$27,600
minus Property tax Estimate
$4,774
minus Insurance Estimate
$2,170
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)
$17,068
divided by Price MLS listing
$217,000
equals Cap rate
7.9%

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

559 S Medford Ave., Brownsville, TX 78521 Open in Google Maps (opens in a new tab)

  • Port of Brownsville≈ 5 min approx.
  • Veterans International Bridge at Los Tomates≈ 10 min approx.
  • UTRGV Brownsville campus≈ 10 min approx.
  • Gateway International Bridge≈ 10 min approx.
  • B&M International Bridge≈ 15 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

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
Website
https://ricosalazar.com/

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About: 559 S Medford Ave. · MLS# 29778837

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Listing office: PCI Realty, LLC

Listing agent: Edward Saldivar

Office contact: 956-509-5151

MLS# 29778837 · Last updated

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$217,000Est. cash flow +$340/mo

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559 S Medford Ave., Brownsville, TX 78521 · MLS# 29778837

RICARDO SALAZAR

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