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600 E Crockett Street, Beeville, TX 78102

Beeville
Local realty services provided by:CENTURY 21 Judge Fite Company
600 E Crockett Street,Beeville, TX 78102
$1,920,000
  • 2 Beds
  • 1 Baths
  • 23,760 sq. ft.
  • Multi-family
  • Active
Listed by: erion shehaj
Office: signature real estate713-952-3200
MLS#:81816909
Source:HARMLS

Price summary

  • Price:$1,920,000
  • Price per sq. ft.:$80.81

About this home

Presenting The Thomas Apartments: A rare 24-unit value-add play in Beeville offered at an attractive $80,000/door at a 7.53% CAP Rate (proforma). Twenty-four large 2-bed/1-bath units at 990 sf, in 6 separate two-story buildings with durable metal roofs and separately metered power on just under 2 acres of land. Washer and dryer connections in each unit. Beeville's tenant base is anchored by recession-resistant employers: TDCJ McConnell Unit (~540 staff), Coastal Bend College, Beeville ISD, and Eagle Ford energy. With effectively no new multifamily supply in the pipeline, the rent gap closes on its own merits. In-place rents average $873 against $950 market, and 46% of units are already leased at $900, proving the rent lift is real, not aspirational. Bring the bottom of the rent roll up and stabilize from 80% occupancy, and the value-add play is self-executing. If you'd like to acquire more units, this property can also be purchased as a package with MLS 72383419 for $3.77M.

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Home facts

  • Year built:1980
  • Listing ID #:81816909
  • Updated:May 07, 2026 at 11:44 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:23,760 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1980
  • Building area:23,760 sq. ft.
  • Levels:2 Stories

Schools

  • High school:A C JONES HIGH SCHOOL
  • Middle school:MORENO JUNIOR HIGH SCHOOL
  • Elementary school:FADDEN-MCKEOWN-CHAMBLISS ELEMENTARY SCHOOL

Finances and disclosures

  • Price:$1,920,000
  • Price per sq. ft.:$80.81
  • Tax amount:$37,507 (2025)
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