$1,975,000

2095 La Palma Dr San Benito, TX 78576

$10,000
Closing credit¹
23,816 sqft
1.2 acres
$83 / sqft
Condo

Property details

About 2095 La Palma Dr

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.

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size23,816 sqft
Lot size1.2 Acres
Year built1994
ParkingNo Garage
MLS #472199

Summary

  • Appliances: Range, Cooktop, Electric Water Heater, Refrigerator
  • Flooring Type: Carpet, Other, Vinyl
  • Interior: Ceiling Fan(s)
  • Parking: No Garage
  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • List Price: $1,975,000
  • Price/SqFt: $82
  • Directions: 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.
  • Year Built: 1994
  • Stories: 2
  • Living Area: 23,816 SqFt
  • Lot Size: 1.2 Acres
  • MLS Number: 472199
  • MLS Name: McAllenTX
  • Office Name: TNT Real Estate
  • Office Phone: (956) 322-3020
  • Listing Agent: Joseph Tyson

Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/29/2025, 12:15:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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2095 La Palma Dr, San Benito, TX 78576 - drone / aerial view

$1,975,000

2095 La Palma Dr

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Fred Booth Elementary School

Public District PK-5

0.8 mi

705 Zaragosa St

2

Frank Roberts Elementary School

Public District PK-5

0.9 mi

451 Biddle St

5

Sullivan Environmental Science Academy

Public District PK-5

1.2 mi

900 Elizabeth St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,000. The majority of San Benito, TX residents have income less than $<35k annually. The majority of families are married, with kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

52%
<35k
42%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

24%
Single, No Kids
19%
Single, with Kids
24%
Married, No Kids
33%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
12%
12-17 yrs old
24%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • SoccerSoccer
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • WingstopWingstop
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Christian Adult ContemporaryChristian Adult Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Frequently asked questions

About 2095 La Palma Dr

The listing price of 2095 La Palma Dr property is $1,975,000.

The property 2095 La Palma Dr is a condo located in San Benito, Texas, 78576.

Active Listing: 2095 La Palma Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2095 La Palma Dr are: Fred Booth Elementary School (GreatSchools Rating 4/10), Frank Roberts Elementary School (GreatSchools Rating 2/10), Sullivan Environmental Science Academy (GreatSchools Rating 5/10), Berta Cabaza Middle School (GreatSchools Rating 4/10), South Texas Independent School District Rising Scholars Academy (GreatSchools Rating 10/10), Miller Jordan Middle School (GreatSchools Rating 5/10), San Benito High School (GreatSchools Rating 2/10), Triumph Public High Schools-San Benito (GreatSchools Rating 4/10), Idea College Preparatory San Benito (GreatSchools Rating 7/10).

The property at 2095 La Palma Dr has 0 bathroom.

The property 2095 La Palma Dr is 23,816 SqFt (source: MLS/tax record).

The year of construction for 2095 La Palma Dr is 1994.

This home is located at 2095 La Palma Dr in San Benito, TX and zip code 78586. This 23,816 square foot home, which was built in 1994, sits on a 1.20 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $1,975,000.

From Rocket Homes Real Estate and based on county public records data.

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