Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
23,816 sqft

$1,975,000

2095 La Palma Drive, San Benito TX, 78576

Price per sqft$82.93
Built in1994
Property size23,816 sqft
Property typeCondominium

Overview

Active

Listed May 27, 2025

Updated Aug 22

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.

$13,140/mo

Est. mortgage payment based on a $1,975,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
472199

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.2 Acres

Other Property Details

Taxes
$21,265
Tax Frequency
Annually
Maintenance Expense
$15,155
MLS provider logo

Listed by Joseph Tyson with TNT Real Estate
Listing Contact: 956-322-3020 

The IDX display contains information sourced from the Greater McAllen Association of REALTORS® as of 8/22/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 the Greater McAllen Association of REALTORS® all rights reserved.

Data last updated on 8/22/2026 at 3:44 AM UTC

Powered by Luxury Presence