2095 La Palma St, San Benito, TX, 78586
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1994
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Brick,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Apartment,Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater,Refrigerator,Stove/Range
- Laundry features: Laundry Area
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Features
- Ceiling Fan(s)
- Window features: Double Pane Windows
- Flooring: Carpet,Other,Vinyl
Heating & Cooling
- Heating features: Has Heating (Unspecified Type)
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 23,816
- Total interior livable area: 23,816 sqft
Property
Details
- Parcel number: 6108201240009310
Features
- Patio & porch: Deck/Balcony/Porch
- Fencing: Chain Link,Non Privacy
Lot
- Lot size: 1.20 Acres
Parking
- Parking features: No Carport,No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Hail
- Heat Wave
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,986 | $119,832 |
| Home Insurance * | $1,780 | $21,360 |
| Property Taxes | $2,221 | $26,652 |
| Electricity | $2,615 | $31,381 |
| Total | $16,602 | $199,224 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-05-27 | Listed for sale | $1,975,000 |
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