$1,975,000

2095 Las Palmas Dr San Benito, TX 78576

Estimated payment $12,903/month

Total Views 1,032
-- Bed
-- Bath
23,816 Sq Ft
$83 Price per Sq Ft

Highlights

  • 1.2 Acre Lot
  • Double Pane Windows
  • 1 Car Garage
  • Deck
  • Central Heating
  • Laundry Facilities

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.

Listing Agent

Boone Tyson

TNT Real Estate Brokerage Phone: 9566216714 License #TREC # 0666335 Listed on: 05/28/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1994

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 23,816 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Carpet

Schools

  • Fred Booth Elementary School
  • Cabaza Middle School
  • San Benito High School

Utilities

  • Central Heating
  • Thermostat
  • Electric Water Heater

Additional Features

  • Deck
  • 1.2 Acre Lot

Community Details

Overview

  • 36 Units
  • San Benito Land & Water Co Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1994

Lot Details

0

Parking

1

Listing Details

  • Flooring: Carpet
  • Year Built: 1994
  • Property Sub-Type: Apartment
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: None
  • Lot Size Acres: 1.2
  • Road Surface Type: Paved
  • Co List Office Phone: 956-621-6714
  • MLS Status: Active
  • Subdivision Name: San Benito Land & Water Co
  • Unit Levels: Two
  • Efficiency: Thermostat
  • Reso Window Features: Double Pane Windows
  • NAV25_rets_property_type: Residential Income
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater, Refrigerator

Exterior Features

  • Construction Type: Brick, Wood Siding
  • Foundation Details: Slab
  • Other Structures: Office
  • Patio And Porch Features: Deck/Balcony/Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Attached Garage: Yes
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Fred Booth
  • High School: San Benito
  • Junior High Dist: San Benito C.I.S.D.
  • Middle Or Junior School: Cabaza

Lot Info

  • Lot Size Sq Ft: 52272
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 36
  • Total Actual Rent: 1116

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $1,975,000 -- $83 / Sq Ft
Source: Rio Grande Valley Multiple Listing Service

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29765534

Rio Grande Valley Multiple Listing Service

Texas Cameron County San Benito 78576

2095 Las Palmas Dr, San Benito, TX

This home is located at 2095 Las Palmas Dr, San Benito, TX 78576 and is currently priced at $1,975,000, approximately $82 per square foot. This property was built in 1994. 2095 Las Palmas Dr is a home located in Cameron County with nearby schools including Cash Elementary School, Miller Jordan Middle School, and San Benito Veterans Memorial Acade.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Rio Grande Valley Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Boone Tyson
Listing Agent
Boone Tyson
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TNT Real Estate
(956) 426-0027