REALTOR® · TREC #643769
Ricardo Salazar
RCR Real Connect Realty
- Español
- English
Ricardo Salazar · REALTOR® · TREC #643769 · RCR Real Connect Realty (broker license #9012393)
Investor sheet · MLS# 29778095 · https://ricosalazar.com/properties/890-n-milam-st-san-benito-tx-78586-29778095
Commercial
890 N Milam St., San Benito, TX 78586
$210,000
- acres
- 0.17
MLS# 29778095 · Listed by Munoz Real Estate Group, KELLER WILLIAMS LRGV · Tel. 956-423-8877
- TypeCommercial
- Year built1993
- Lot0.17 acres
- Gateway International Bridge≈ 30 min approx.
Description
Put your business in the spotlight in the heart of San Benito! Offered at $210,000, this commercial property currently operates as a well-established muffler shop and features excellent visibility, convenient access, and a functional layout suited for automotive repair or exhaust services. Its versatile space also offers possibilities for other commercial uses, subject to applicable approvals. Surrounded by established businesses in a growing area with steady traffic, this location provides valuable exposure for your next venture. Whether you're expanding an existing operation, starting a business, or exploring a commercial investment, this property deserves a closer look. Schedule your private showing today!
Property Details
- Type
- Commercial · Commercial
- Status
- For sale
- MLS#
- 29778095
- Price
- $210,000
- Lot size
- 0.17 acres
- Year built
- 1993
- Subdivision
- San Benito 3rd Addition
- City
- San Benito
- County
- Cameron
- Days on market
- 102
- Listed
- Jul 20, 2026
- Last updated
- Sep 23, 2026, 2:05 PM CT
Key Figures
Days on market
102
Source: MLS listing
- Est. fixed costs per month
- $560/mo Est.
- Cash to close with 25% down
- $58,800 Est.
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
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 Not provided
- —
- Gross yield: rent ÷ price, before costs
- —
- minus Vacancy (8% of gross rent) Assumption
- —
- equals Rent collected
- —
- minus Property tax Estimate
- $4,620
- minus Insurance Estimate
- $2,100
- minus HOA dues, 12 months Not provided
- $0
- minus Maintenance (5% of rent collected) Assumption
- —
- minus Management (8% of rent collected) Assumption
- —
- equals Net operating income (NOI)
- —
- divided by Price MLS listing
- $210,000
- equals Cap rate
- —
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:
- From a rent comparable:
- Your figures:
- Our estimates and assumptions:
- Not provided, counted as $0:
- Missing: the monthly rent. Enter it to get a cap rate.
- MLS figures are what the listing reports. We have not verified them.
- The tax on a listing is the seller’s last bill, and it can be lower than what you will pay: a homestead exemption, the 10% cap on homestead appraisals and an over-65 or disability tax ceiling do not carry over to an investor.
- 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
890 N Milam St., San Benito, TX 78586 Open in Google Maps (opens in a new tab)
- Gateway International Bridge≈ 30 min approx.
- UTRGV Brownsville campus≈ 30 min approx.
- B&M International Bridge≈ 30 min approx.
- Port of Brownsville≈ 30 min approx.
- Veterans International Bridge at Los Tomates≈ 30 min approx.
- South Padre Island (Queen Isabella Causeway)≈ 40 min approx.
- SpaceX Starbase launch site, Boca Chica≈ 50 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.
- Area (opens its page)
- International bridge
- Main highway
- Ship channel
Gateway Bridge to South Padre Island: ≈ 37 km (23 mi) in a straight line.
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.
Ask About This Property
- Phone / WhatsApp
- +1 (956) 592-5052
- rico.salazar20@gmail.com
- Website
- https://ricosalazar.com/
Message Received
Ricardo has your message and will reply through the channel you chose.
Open WhatsApp nowCommercial
Similar Properties
-
NewCommercial
151 S Travis St.
San Benito, TX 78586
- 0.1 acres
≈ 30 min · Gateway International Bridge
$50,000
MLS# 29780490 · Listed by Eddie Rodriguez, KELLER WILLIAMS LRGV · Tel. 956-423-8877
Commercial
225 W Robertson St.
San Benito, TX 78586
- 2,640 ft²
- 0.16 acres
≈ 30 min · Gateway International Bridge
$241,000
$91/ft²
MLS# 29780128 · Listed by Christopher De La Rosa, CENTURY 21 JOHNSTON COMPANY · Tel. 956-425-3333
Commercial
695 S Bowie St.
San Benito, TX 78586
- 1,647 ft²
- 1.09 acres
≈ 30 min · Gateway International Bridge
$550,000
$334/ft²
MLS# 29779734 · Listed by Velma De Los Santos, V.I.P. REALTY · Tel. 956-399-7777
Commercial
251 W Expressway 83
San Benito, TX 78586
- 1,248 ft²
- 0.15 acres
≈ 30 min · Gateway International Bridge
$475,000
$381/ft²
MLS# 29779034 · Listed by Albert Maradiaga, Coldwell Banker La Mansion Real Estate Brownsville · Tel. 956-504-2727
Commercial
875 S Sam Houston
San Benito, TX 78586
- 52,329 ft²
- 3.93 acres
≈ 30 min · Gateway International Bridge
$4,000,000
$76/ft²
MLS# 29778940 · Listed by Mauricio De Los Santos, Coldwell Banker La Mansion Real Estate Brownsville · Tel. 956-504-2727
Commercial
Us Highway 281
San Benito, TX 78586
- 0.91 acres
≈ 5 min · Gateway International Bridge
$112,746
MLS# 29778791 · Listed by Roland Guerra, B-Town Realty · 956-541-2200, [email protected]
Listing office: KELLER WILLIAMS LRGV
Listing agent: Munoz Real Estate Group
Office contact: 956-423-8877
MLS# 29778095 · Last updated
Contact
Get a Second Opinion
Ricardo can review the numbers, the area and the next steps with you, in Spanish or English.