2095 La Palma Drive, San Benito, TX 78576
Local realty services provided by:CENTURY 21 Johnston Company
2095 La Palma Drive,San Benito, TX 78576
$1,975,000
- - Beds
- - Baths
- 23,816 sq. ft.
- Multi-family
- Active
Listed by: joseph tyson
Office: tnt real estate
MLS#:472199
Source:TX_GMAR
Price summary
- Price:$1,975,000
- Price per sq. ft.:$82.93
About this home
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.
Contact an agent
Home facts
- Year built:1994
- Listing ID #:472199
- Added:295 day(s) ago
- Updated:March 19, 2026 at 04:00 PM
Rooms and interior
- Flooring:Carpet, Vinyl
- Kitchen Description:Electric Water Heater, Refrigerator, Stove/Range
- Living area:23,816 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition Shingle
- Year built:1994
- Building area:23,816 sq. ft.
- Lot area:1.2 Acres
- Construction Materials:Brick, Wood Siding
- Exterior Features:Chain Link, Deck/Balcony/Porch
- Foundation Description:Slab
Schools
- High school:San Benito H.S.
- Middle school:Cabaza
- Elementary school:Fred Booth
Utilities
- Water:Electric Water Heater, Public Water
- Sewer:City Sewer
Finances and disclosures
- Price:$1,975,000
- Price per sq. ft.:$82.93
- Tax amount:$21,265
Features and amenities
- Appliances:Refrigerator, Stove/Range
- Laundry features:Laundry Area
- Amenities:Curbs, Street Lights
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