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2095 La Palma Drive

San Benito, TX 78576
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Bed --

Bed

Bath 0

Bath

SqFt23,816

Sqft

Acres1.20

Acres(Lot)

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 inc rease NOI through rental growth, operational efficiencies, and selective capital improvements. Financial packet, pro forma, and rent roll available upon request.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,975,000

AD Id : 59447328

MLS Id : 472199

Lot Size : 1.20 Acres

Living Area Size : 23,816

Year Built : 1994

County : Cameron

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Feature Features

  • Flooring Information

    Carpet, Other, Vinyl
  • Interior Features

    Ceiling Fan(s) Appliances: Range, Cooktop, Electric Water Heater, Refrigerator Window Features: Insulated Windows, Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric

  • Building Information

    Year Built: 1994 Building Area Total: 23816 Construction Materials: Brick, Wood Siding Stories: 2 Patio And Porch Features: Deck Private Pool: No

  • Lot Information

    Main Square Feet: 1.2 Acres Lot Size Acres: 1.2 Lot Size Square Feet: 52272

    Property Information

    Subdivision: San Benito Land & Water Co. Source Property Type: Residential Income Property SubType: Apartment Property Age: 32

  • Listing Price Information

    Listing Price: $1975000

  • Tax Information

    Parcel Number: 6108201240009310 Tax Year: 2024 Annual Tax: $21265

  • Parking Information

    No Garage

  • School Information

    Elementary School: Fred Booth
    Junior High School: Cabaza
    Senior High School: San Benito H.S.
  • Location Information

    Direction: Head west on I-2 toward San Benito, take Exit 21 toward TX-486 Spur/Williams Rd/Ratliff St, continue on TX-486 Spur N/S Oscar Williams Rd, then turn right on La Palma St—the property will be on your right-hand side. GPS will be able to guide you directly to the property. WaterSource: Public
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The data relating to real estate for sale on this website 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 © 2026 Greater McAllen Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/15/2026 @ 15:42

MLS: 472199 LISTED BY: , TNT Real Estate SOURCE: Greater McAllen Association of REALTORS

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