2095 La Palma Drive San Benito, TX $ 1,975,000
2095 La Palma Drive
$ 1,975,000
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2095 La Palma Drive

San Benito, TX, 78576
$ 1,975,000
Baths0.0 Sq 23,816

Monthly Estimate*

$ 12,160

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Studio

Multi-Family Home for sale in San Benito, TX

for $1,975,000. This 23,816 square foot home was built in 1994 on a lot size of 1.2.

Prime 36-Unit Apartment Complex. Strong Income & Value-Add Potential. Multifamily investment opportunity. This 36-unit apartment complex features a mix of 34 two-bedroom units and 2 one-bedroom units, offering a solid foundation of stable rental income with room for upside through continued renovations and management efficiencies. Units feature semi-updated interiors. All electrical is individually metered, providing utility cost transparency for tenants, while water is serviced by two master meters. Key property features include: On-site laundry facilities for additional revenue, ample parking, office space (may be convertible into additional units or other income-generating use), and strategic location. The complex enjoys strong occupancy and presents a clear opportunity to increase NOI through rental growth, operational efficiencies, and selective capital improvements. Financial packet, pro forma, and rent roll available upon request.

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Multi-Family Active

Price

$ 1,975,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 21,265

Style

Apartment

Lot Size

1.2

Year Built

1994

Town/City

San Benito

County/Region

Cameron

MLS | Web ID

472199

Features
General
Sewer City Sewer
Possession Closing and Funding Subject to Tenant Rights
Property Subtype Apartment
Tax Year 2024
Community Features Curbs Street Lights
County Cameron
Property Type Residential Income
HOA false
Subdivision Name San Benito Land & Water Co.
Status Active
Directions Head west on I-2 toward San Benito take Exit 21 toward TX-486 Spur/Williams Rd/Ratliff St continue on TX-486 Spur N/S Oscar Williams Rd then turn right on La Palma St—the property will be on your right-hand side. GPS will be able to guide you directly to the property.
High School San Benito H.S.
City San Benito
High School District San Benito ISD
Lot Size Units Acres
Lot Size Square Feet 52272
Elementary School Fred Booth
Tax Annual Amount 21265
Home Warranty Y/N false
Middle/Junior High School Cabaza
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District San Benito ISD
Elementary School District San Benito ISD
Legal Description SAN BENITO LAND & WATER CO SUBD LOT 9 BLK 124 & 125 1.2000 ACRES
Freehold BBO VOW IDX
Living Area 23816
Cooling Central Air Electric
Roof Composition Shingle
Appliances Electric Water Heater Refrigerator Stove/Range
Garage Spaces 0
Construction Materials Brick Wood Siding
Year Built 1994
Stories Count 2
Energy Efficient None Thermostat
Garage Y/N false
Carport Spaces 0
Carport Y/N false
Year Built Source CCAD
Heating Central Electric
Patio/Porch Features Deck/Balcony/Porch
Insurance Expense 24000
Other Structures Laundry Facility Office
Gross Income 259080
MaintenanceExpense 15155
Number Of Units Total 36
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Carpet Other Vinyl
Air Conditioning Y/N true
Window Features Energy Features (Double Pane Windows)
Heating Y/N true
Laundry Features Laundry Area
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Exterior
Water Source Public
Lot Size Area 1.2
Lot Size Acres 1.2
Road Surface Type Paved
Irrigation Water Rights Y/N false
Fencing Chain Link Non Privacy
Parking Features No Carport No Garage
Total Parking 0
Foundation Details Slab
Building Area Total 23816
Covered Spaces 0
Pool YN false
Number of Separate Water Meters 2
Number of Buildings 2
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* Excluded Features
List By
Joseph Tyson

Listing Agent

Tnt Real Estate

Broker

boone@forsalergv.com

Email

Affordability Calculator

$13,932
Per Month
87%
13%
0%
Monthly Principal & Interest
$12,160
Monthly Property Taxes
$1,772
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3500519 Elementary School
3057350 Middle School
San Benito H.S. High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2025$1,975,000 Listed Price

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2095 La Palma Drive, San Benito, TX, 78576 is a Multi-Family Home for sale at $1,975,000 with 23,816 sqft and a lot size of 1.2. 2095 La Palma Drive is a studio with 0.0 baths and was built in 1994. The property's zip code is 78576 which is in San Benito, TX