




$89,900
204 Velma St, BROWNSVILLE, TX, 78521
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About this property
Great investment opportunity with plenty of potential at an attractive price! This property is ready for a new owner to bring their vision and make it their own. The home is in need of repairs and updates and is being sold in its current condition. The central A/C system includes the interior unit and existing ductwork/vents; however, the exterior condenser unit is not present. A window A/C unit is currently being used to cool the home but will not convey with the sale. There is also an additional room attached to the rear of the home that is currently not in livable condition and will require repairs. Appliances will not convey with the sale. Conveniently located near supermarkets, restaurants, retail stores, and other everyday amenities. With the right improvements, this property offers excellent potential for an investor, renovation project, or buyer looking for an opportunity to add value.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: BROWNSVILLE
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