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2095 La Palma Drive, San Benito, TX 78576

San Benito
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.

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Home facts

  • Year built:1994
  • Listing ID #:472199
  • Added:490 day(s) ago
  • Updated:September 30, 2026 at 05:05 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.
  • 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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