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# 29779929 · https://ricosalazar.com/properties/7720-sabal-palm-dr-brownsville-tx-78521-29779929

For sale

$235,000

7720 Sabal Palm Dr., Brownsville, TX 78521

bd
4
ba
2
ft²
1,478
Est. cash flow +$202/mo · Est. cap rate 7.0% See the numbers →

MLS# 29779929 · Listed by Jorge Espinosa Jr., Jorge Espinoza, Jr · Tel. 956-382-0005

  • TypeSingle-family home
  • Year built2019
  • Lot0.13 acres
  • Price / ft²$159
  • Est. rent$2,500/mo Est.
  • Veterans International Bridge at Los Tomates≈ 5 min approx.
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Description

BACK ON THE MARKET Welcome to this beautiful 4-bedroom, 2-bathroom home. With 1478 sqft of living space, this home features high ceilings, a spacious walk-in closet, and elegant modern finishes throughout. Enjoy the peace of living on a cul-de-sac, while being just minutes from local schools including Southmost Elementary, Besteiro Middle School, and Lopez High School—perfect for families seeking convenience and community. Built in 2019, this home sits on a generous 5,470 sqft lot. With no HOA fees and energy-efficient construction, this property is both affordable and low-maintenance. Don't miss out on this incredible opportunity to own a nice home in a rapidly growing area. Schedule your private tour today! Seller will contribute up to $10,000 toward buyer's allowable closing costs and prepaids with an acceptable full price offer!

Property details

Type
Single-family home · Single Family Residence
Status
For sale
MLS#
29779929
Price
$235,000
Price per ft²
$159
Bedrooms
4
Bathrooms
2
Living area
1,478 ft²
Lot size
0.13 acres
Year built
2019
Subdivision
Palmetto Grove Phase Ii
City
Brownsville
County
Cameron
Days on market
29
Listed
Sep 30, 2026
Last updated
Oct 25, 2026, 6:15 PM CT

Numbers for investors

Price per ft²

$159

Source: MLS listing

Estimated rent

$2,500/mo

Gross yield 12.8%

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

Days on market

29

Source: MLS listing

Est. fixed costs per month
$627/mo Est.
Cash to close with 25% down
$65,800 Est.
Est. cap rate
7.0% 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 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
12.8%
minus Vacancy (8% of gross rent) Assumption
$2,400
equals Rent collected
$27,600
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
$1,380
minus Management (8% of rent collected) Assumption
$2,208
equals Net operating income (NOI)
$16,492
divided by Price MLS listing
$235,000
equals Cap rate
7.0%

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

7720 Sabal Palm Dr., Brownsville, TX 78521 Open in Google Maps (opens in a new tab)

  • Veterans International Bridge at Los Tomates≈ 5 min approx.
  • UTRGV Brownsville campus≈ 10 min approx.
  • Gateway International Bridge≈ 10 min approx.
  • B&M International Bridge≈ 10 min approx.
  • Port of Brownsville≈ 15 min approx.
  • SpaceX Starbase launch site, Boca Chica≈ 30 min approx.
  • South Padre Island (Queen Isabella Causeway)≈ 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.

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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: Jorge Espinoza, Jr

Listing agent: Jorge Espinosa Jr.

Office contact: 956-382-0005

MLS# 29779929 · Last updated

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$235,000Est. cash flow +$202/mo

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7720 Sabal Palm Dr., Brownsville, TX 78521 · MLS# 29779929