#29756221, Edgar De La Garza, Listing office: MKZ Realty
2095 Las Palmas Dr San Benito, TX 78576
Property details
About 2095 Las Palmas 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
Summary
- Appliances: Electric Water Heater
- Flooring Type: Carpet
- Exterior: Balcony, Deck
- 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: 29765534
- MLS Name: Harlingen
- Office Name: TNT Real Estate
- Office Phone: (956) 621-6714
- Listing Agent: JOSEPH BOONE TYSON
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Last updated on: 7/29/2025, 1:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
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Nearby schools
6
Dr. C.M. Cash Elementary School
Public District PK-5
0.2 mi
•400 Ponciana St
6
Ed Downs Fine Arts Academy
Public District PK-5
0.8 mi
•1302 N Dick Dowling St
6
Raul Garza Jr Steam Academy
Public District PK-5
0.8 mi
•848 8th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,478. Most San Benito, TX residents have annual incomes less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 2095 Las Palmas Dr
The listing price of 2095 Las Palmas Dr property is $1,975,000.
The property 2095 Las Palmas Dr is a multi located in San Benito, Texas, 78576.
Active Listing: 2095 Las Palmas Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2095 Las Palmas Dr are: Dr. C.M. Cash Elementary School (GreatSchools Rating 6/10), Ed Downs Fine Arts Academy (GreatSchools Rating 6/10), Raul Garza Jr Steam Academy (GreatSchools Rating 6/10), Miller Jordan Middle School (GreatSchools Rating 5/10), Berta Cabaza Middle School (GreatSchools Rating 4/10), South Texas Independent School District Rising Scholars Academy (GreatSchools Rating 10/10), Gateway to Graduation Academy (GreatSchools Rating 1/10), San Benito High School (GreatSchools Rating 2/10), Triumph Public High Schools-San Benito (GreatSchools Rating 4/10).
The property 2095 Las Palmas Dr is 23,816 SqFt (source: MLS/tax record).
The year of construction for 2095 Las Palmas Dr is 1994.
This home is located at 2095 Las Palmas 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 28, 2025 and is currently priced at $1,975,000.