689 Zaragosa St San Benito, TX 78586
Estimated payment $1,373/month
Highlights
- Mature Trees
- No HOA
- Wood Siding
- Wood Flooring
- Laundry closet
About This Home
Discover this outstanding 8-unit multifamily property ideally located on a corner lot in the heart of San Benito—just one mile from H-E-B and right off the expressway for easy access! Property generates over $2500 per month!
This income-producing property includes:
3 single-family homes – each featuring 2 bedrooms and 1 bathroom
5 rental units – all 1 bedroom, 1 bathroom layouts
Current rental income:
Two 2/1 houses rented at $450/month
Five 1/1 units rented at $350/month
With room to increase rents and maximize returns, this is a prime opportunity for savvy investors or anyone looking to expand their portfolio with a solid, income-generating asset.
Whether you're a seasoned investor or just getting started, this centrally located property offers a strong cash flow, long-term potential, and the convenience of nearby shopping, dining, and major transit routes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,399
Year Built
- Built in 1959
Lot Details
- 7,500 Sq Ft Lot
- Mature Trees
Parking
- No Garage
Home Design
- Quadruplex
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Wood Siding
Interior Spaces
- 3,548 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Laundry closet
Schools
- Booth Elementary School
- Cabaza Middle School
- San Benito High School
Additional Features
- Outbuilding
- Water Heater
Listing and Financial Details
- Assessor Parcel Number 5700000040001000
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
- San Benito Original Townsite Subdivision
Building Details
- Insurance Expense $1
- Maintenance Expense $1
- Gross Income $1,950
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2025 08/02/25 | For Sale | $199,999 | -- | $56 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
MLS Number: 477481
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.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed.
Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.
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