Last 24 Hours
$185,000
4371 MORRISON RD., BROWNSVILLE, TX, 78526
$240,500 ARV
Pending
Commercial
— Beds
— Bath
4,750 Sq Ft
Multi Family
$38.95 / sqft
Built in 1989Highlights
Interior
Bedrooms —
Bathrooms —FlooringTile
Exterior
Lot Size9,975 sqft
Building Information
Year Built1989
Stories1
Roof Type105
Land Information
APN74-7960-1490-0070-00
SubdivisionEl Jardin Subdivision Share 19/27
Land UseResidential
Legal DescriptionEL JARDIN SUBDIVISION SHARE 19/27 E 19-27 TR 7 BLK149, 0.2290 ACRES
Census Tract014403
Assessed Land Value$25,437
Assessed Improvement Value$70,266
Assessment Year2025
About this property
Investment opportunity! Fully occupied multi-plex generating consistent rental income. Strong tenant base with established leases in place. Low-maintenance property with solid rental demand in the area. Perfect for investors looking to expand their portfolio with a performing asset. Property is set up for a 4-plex.
Investor Tools
$103,949Estimated Mortgage Balance
$95,703Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$240,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$162/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,466
$95,703
2025
$25,437
$70,266
$95,703
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,466
$95,703
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Edgar De Lagarza
Seller Carryback / Seller Financing / Seller Take-Back
$110,000
No
First
May 22, 2023
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,949
N/A
0%
109%
$660/mo
12.4%