4550 Us Military Hwy 281, Brownsville, TX 78520 – School

Institutional & Special Purpose BuildingsYear Built 2008Total Assessed Value $75,431,384County Cameron

Property Details

The Institutional & Special Purpose Buildings property 4550 Us Military Hwy 281, Brownsville, TX 78520 is located in Cameron County. The specific property type is School. The total assessed value of this property is $75,431,384.

The gross building area is 367,178 square feet and the land area is 3,495,930 square feet for this School built in 2008.

Legal description: Unsubdivided - Abst 2, 80.2555 Ac Of 275.851 Ac

$75,431,384

Market Value

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Cap Rate

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NOI

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Occupancy

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Property Image of 4550 Us Military Hwy 281, Brownsville, TX 78520, Institutional & Special Purpose Buildings

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Property Information

Property TypeInstitutional & Special Purpose Buildings

Sub Property TypeSchool

Building Area367,178

Land Size3,495,930

Land Value$1,605,110

Improved Value$73,826,274

Total Assessed Value$75,431,384

Year Built2008

County NameCameron

Account Number242014

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Parking Space12

HeatingNone

Type ConstructionOther

No of Stories2

Garage TypeMixed 2704

Sales History

9/11/2006

Arms-length$1,019,360

Buyer

Brownsville Independent School District

Seller

Rio Bravo Properties Inc

Book Number

54673

Recording Date

9/11/2006

Transaction Details

Brownsville Independent School District acquired the property from Rio Bravo Properties Inc through a Arms-length transaction on 9/11/2006 for $1,019,360.

Property constructed in 2008

YSale Price (USD) byXSales Year

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Mortgage History

This details prefers to stay low-key.

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$1,605,110	$73,172,575	$74,777,685	$74,777,685	Brownsville Isd	1900 E Price Rd	Unsubdivided - Abst ...	790110	790110	3,495,930	367,177
2025	$1,605,110	$73,826,274	$75,431,384	$75,431,384	Brownsville Isd	1900 E Price Rd	Unsubdivided - Abst ...	790110	790110	3,495,930	367,177
2024	$1,605,110	$73,826,274	$75,431,384	$75,431,384	Brownsville Isd	1900 E Price Rd	Unsubdivided - Abst ...	790110	790110	3,495,930	367,178
2023	$1,605,110	$74,479,968	$76,085,078	$76,085,078	Brownsville Isd	1900 E Price Rd	Unsubdivided - Abst ...	790110	790110	3,495,930	367,178
2022	$1,605,110	$75,048,243	$76,653,353	$76,653,353	Brownsville Isd	1900 E Price Rd	Unsubdivided - Abst ...	790110	790110	3,495,930	367,178
2021	$1,605,110	$75,701,938	$77,307,048	$77,307,048	Brownsville Isd	1900 E Price Rd	Unsubdivided - Abst ...	790110	790110	3,495,930	367,178
2020	$1,605,110	$75,787,364	$77,392,474	$77,392,474	Brownsville Isd	1900 E Price Rd	Unsubdivided - Abst ...	790110	790110	3,495,930	367,178
2019	$1,605,110	-	$1,605,110	$1,605,110	Brownsville Isd; Dba...	1900 E Price Rd	Unsubdivided - Abst ...	790110	790110	3,495,930	-
2018	$1,605,110	-	$1,605,110	$1,605,110	Brownsville Isd; Dba...	1900 E Price Rd	UNSUBDIVIDED - ABST ...	790110	790110	3,495,930	-
2017	$1,605,110	-	$1,605,110	$1,605,110	Brownsville Isd; Dba...	1900 E Price Rd	UNSUBDIVIDED - ABST ...	790110	790110	3,495,930	-

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
4550 Us Military Hwy 281, Brownsville, TX 78520	242014	Institutional & Special Purpose Buildings	School	Brownsville Isd	Cameron	-	-	-	-	2008	367,178	-
5500 34th St W, Bradenton, FL 34210	61454.1005-3	Institutional & Special Purpose Buildings	School	Acorn Acquireco Llc	Manatee	934.8	$ 24,491,428	2023-06-29	$ 188.52	2001	129,917	-
5650 Bollettieri Blvd, Bradenton, FL 34210	61457.0010-9	Institutional & Special Purpose Buildings	School	Acorn Acquireco Llc	Manatee	934.0	$ 24,491,428	2023-06-29	$ 187.42	2013	130,677	-
5050 E 10th Ave, Tampa, FL 33619	A1529194CS000004000031	Institutional & Special Purpose Buildings	School	Ips Enterprises Inc	Hillsborough	949.5	$ 4,100,000	2022-07-22	$ 35.14	1970	116,686	4
10479 Old Nashville Hwy, Smyrna, TN 37167	049 00101	Institutional & Special Purpose Buildings	School	Ruth Co Bd Education	Rutherford	955.8	$ 2,340,000	2023-01-27	$ 18.95	1992	123,482	-
4 4th Cir Ne, Mulberry, FL 33860	233001000000021010	Institutional & Special Purpose Buildings	School	School Board Of Polk County Mu	Polk	976.0	$ 15,768,865	2022-08-02	$ 92.86	1968	169,820	30
2375 66th St N, St Petersburg, FL 33710	08-31-16-70056-300-5600	Institutional & Special Purpose Buildings	School	Pinellas Bd Of Pub Inst	Pinellas	928.5	$ 1,600,000	2024-03-20	$ 10.58	1955	151,193	-
1201 Scenic Hwy N, Babson Park, FL 33827	283029000000021010	Institutional & Special Purpose Buildings	School	Webber International Universit	Polk	1001.9	$ 10,500,000	2025-08-13	$ 60.93	1955	172,342	16

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	4550 Us Military Hwy 281, Brownsville, TX 78520	—	-	3,495,930	2008	367,178	$ 75,431,384	$ 1,605,110	-
Cap Certified Dev Corporation	9531 S Eldridge Pky, Houston, TX 77083	09/09/2025	$ 3,373,000	181,122	2023	28,924	$ 6,008,684	$ 1,453,079	Van Siblings Llc
First Bank	21940 Old Weiderstein Rd, Schertz, TX 78154	08/18/2025	$ 4,830,600	129,765	2022	17,829	$ 4,776,313	$ 1,173,718	Schertz Montessori Llc
City Of Houston	2500 S Victory Dr, Houston, TX 77088	07/22/2025	$ 1,780,000	342,225	0	0	-	-	Houston Business Development I
Gulf Capital Bank	2600 Stanley Ln, El Lago, TX 77586	07/10/2025	$ 100,000	155,161	2000	15,766	-	-	Excellent Minds Academy Inc
Texas First Bank	4590 Wilmington Ave, Houston, TX 77051	06/13/2025	$ 4,623,000	1,946,130	2007	67,830	-	-	Provision Inc
First United Bank & Trust Co	611 W Ashby Pl, San Antonio, TX 78212	06/09/2025	$ 1,873,695	34,391	1910	8,530	$ 1,686,000	$ 736,610	Alvaradoortiz Anthony
Newtek Bank Na	18940 Redland Rd, San Antonio, TX 78259	03/31/2025	$ 4,300,000	219,368	1981	18,624	$ 3,399,350	$ 1,289,890
Silver City Funding Llc	10000 Emmett F Lowry Expy, Texas City, TX 77591	03/13/2025	$ 800,000	395,699	1994	149,970	$ 12,307,870	$ 593,550	Jmk5 Mall Of The Mainland Llc
Broadway National Bank	2402 San Pedro Ave, San Antonio, TX 78212	03/05/2025	$ 900,000	31,755	1990	8,773	$ 1,716,460	$ 721,160	Summit Legacy Group Llc
Frost Bank	429 Heights Blvd, Houston, TX 77007	01/15/2025	$ 500,000	11,000	1970	4,700	$ 1,088,337	$ 880,000	ARGOS 1956 PROPERTIES LLC

Mean$ 20,730,119

Median$ 1,490,000.0

Loan Amount Range$ 42,376 - $ 450,000,000

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Tenant Details

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License Details

License Number

17460004181

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

10/15/2010

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	BROWNSVILLE ISD
	Address Line	1900 e price rd # 303 attn fin
	City / State / Zip	brownsville TX 78521
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48061
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	78521
Registration Details	SOS Code

License Timeline

License Issued

10/15/2010

Currently Active

Status: -

Renewal Required

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