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$1,975,000

2095 Las Palmas Dr San Benito, TX 78576

23,816 sqft
1.2 acres
$83 / sqft
Multi-Family

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

Home typeMulti Family
StatusActive
Size23,816 sqft
Lot size1.2 Acres
Year built1994
MLS #29765534

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

The data relating to real estate for sale on this web site comes in part of Rio Grande Valley MLS. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright 2025 Rio Grande Valley MLS. All rights reserved.
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: 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

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

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.

All data from GreatSchools

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.

How much money do the neighbors make?

64%
<35k
26%
35k-100k
9%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

31%
Single, No Kids
23%
Single, with Kids
17%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
12%
12-17 yrs old
28%
18-34 yrs old
30%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Mexican League SoccerMexican League Soccer
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • StarbucksStarbucks

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • PontiacPontiac

What do the neighbors listen to?

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

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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.

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

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