Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1919-08-27
MUCH ACTIVITY
IN REAL ESTATE
PAST TWO WEEKS
Five Residences on Levee
Street Have Been Sold
!! Recently.
DEMAND INCREASING
Victoria Addition Also Has
Several Sales.
DEMAND INCREASING

Brownsville city property, IN Wnlcn
there has been little dealing for sew
eral months past, has again become
quite active. During the past two
weeks five fine residence properties
on Levee street have been sold, and
several more deals in that section Of
the city are reported to be pending
and will probably be closed shortly.
In Victoria addition there has also
been a number Of transfers, practical
ly all of the latter being building lots
which are being acquired for the
erection of homes.
The John Champion house at IA
West Levee street, now occupied by
j. S. Duncan, has been sold to III. w.
Batsell, and the house formerly be-
longing to Mr.. Champion and now
occupied by the Cunningham family
has also been sold to a gentleman
named Wilson from Mexico.
Among the other deals ,.consum-
mated in that part of the city was
the sale of the Dr. E. f. Dickason res
idence property, at 205fwest Levee
to Judge Ira Webster, and the Jos.
Crixell residence in West Browns
vile to Ygnacio Cara, the latter
deal being made through the agency
Of Monsees & Hallam. A deal has
also been closed through Monsees &
Hallam whereby Mr.. Osborne of
Pharr became the owner of the Levee
street residence property formerly
belonging to S. B. Hopkins of Tampa,
Florida. Mr.. Osborne is an old resi-
dent of the Valley, having resided at
Lyford for a number of years prior
to moving to. Pharr. The excellent
school facilities of this city attract
ed him, and he decided TO make his
home here and give his children the
benefit of the Brownsville schools.
While the deals which have recent
ly been consummated in Victoria ad
dition are not so important as those
in the uptown district from a finan-
cial point of view, they indicate that
the desirability of Victoria Heights
as a residence location is being rec
ognized by the home builders. Prac
tically all of the transfers are being
made to parties who desire to erect
homes, and it Is apparent that section
of the city will witness considerable
development in the next few months.
The rapid advance in rentals and the
scarcity Of rent houses may to a GER
tain extent be responsible for the de
mand which is being created for the
lots in that section. Scores of fam
lilies who desire to make their homes
in this city have been unable to do
so because of the lack of rent houses,
and other scores have come to the
conclusion that it is really cheaper
to secure homes for themselves, and
as result are buying up the offer
ings in the sections of the city which
offer desirable building sites at a
reasonable figure. Another factor
which is~4ffecting the sale of proper
ties in Victoria addition is the pos
sibility of the extension of the street
car line to that section of the city,
and if this can be accomplished it will
give the residents prompt and cheap
transportation facilities to the bus
mess district.
1t is the concensus of opinion
among real estate dealers that
Brownsville city property, in both
the business and residence sections,
will be in great demand, and they
look for an ever increasing activity.
They point out that with deep water
at Point Isabel, which means a great
expansion in the city's business, and
the development of thousands oi
acres of the rich agricultural lands
in this section of the Valley, a sound
basis of value has been established
and business firms as well as people
looking for homes are very natur
ally directing their attention towarC
this city.