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# 29780689 · https://ricosalazar.com/properties/7184-dominica-dr-brownsville-tx-78520-29780689

For sale

Single-family home

7184 Dominica Dr #2, Brownsville, TX 78520

$259,000

bd
4
ba
4
ft²
1,802
Est. cap rate 5.1% See the numbers →

MLS# 29780689 · Listed by Alicia Villarreal, Access Realty RGV · Tel. 956-867-1565

  • TypeSingle-family home
  • Year built2019
  • Lot0.15 acres
  • Price / ft²$144
  • HOA / month$6
  • Est. rent$2,250/mo Est.
  • Gateway International Bridge≈ 15 min approx.
Ask for a video walkthrough

Description

**INVESTOR OPPORTUNITY – OPPORTUNITY PRICE $259,000!** Discover the potential of this spacious two-story home in Lago Vista Subdivision, Brownsville, TX! Featuring 4 bedrooms, 3.5 bathrooms, approximately 1,992 sq. ft. of living space, a spacious living area, open kitchen with large island, ample cabinetry, and a two-car garage. Built in 2019 and situated on a 6,431 sq. ft. lot within Los Fresnos CISD. **SOLD AS-IS!** This property offers an excellent opportunity for investors or buyers looking to renovate, customize, and add value. Home requires cosmetic repairs and updates, reflected in the attractive asking price. **IMPORTANT DISCLOSURE:** Some listing photos have been digitally enhanced for visual purposes and may not reflect the property's actual condition. Buyers are encouraged to inspect the property and verify all information.

Property Details

Type
Single-family home · Single Family Residence
Status
For sale
MLS#
29780689
Price
$259,000
Price per ft²
$144
Bedrooms
4
Bathrooms
4
Living area
1,802 ft²
Lot size
0.15 acres
Year built
2019
Subdivision
Lago Vista
City
Brownsville
County
Cameron
HOA
$6/mo
Days on market
0
Listed
Nov 2, 2026
Last updated
Nov 2, 2026, 11:14 AM CT

Key Figures

Price per ft²

$144

Source: MLS listing

Estimated rent

$2,250/mo

Gross yield 10.4%

Asking rent: median of 9 active rentals, ZIP 78520, 4 bedrooms (not signed leases) · RGV MLS, Nov 1, 2026

Days on market

0

Source: MLS listing

Est. fixed costs per month
$697/mo Est.
Cash to close with 25% down
$72,520 Est.
Est. cap rate
5.1% 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 9 active rentals, ZIP 78520, 4 bedrooms (not signed leases) · RGV MLS, Nov 1, 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
$27,000
Gross yield: rent ÷ price, before costs
10.4%
minus Vacancy (8% of gross rent) Assumption
$2,160
equals Rent collected
$24,840
minus Property tax Estimate
$5,698
minus Insurance Estimate
$2,590
minus HOA dues, 12 months MLS listing
$72
minus Maintenance (5% of rent collected) Assumption
$1,242
minus Management (8% of rent collected) Assumption
$1,987
equals Net operating income (NOI)
$13,251
divided by Price MLS listing
$259,000
equals Cap rate
5.1%

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, 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

7184 Dominica Dr #2, Brownsville, TX 78520 Open in Google Maps (opens in a new tab)

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

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: 7184 Dominica Dr #2 · MLS# 29780689

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Listing office: Access Realty RGV

Listing agent: Alicia Villarreal

Office contact: 956-867-1565

MLS# 29780689 · Last updated

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$259,000Est. cap rate 5.1%

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7184 Dominica Dr #2, Brownsville, TX 78520 · MLS# 29780689

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