Well-performing and well-maintained, this 48-unit multifamily property offers a stabilized, income-producing investment in the growing San Benito market. The asset features spacious units, quality interior finishes, and strong tenant retention. Ideally located with easy access to Brownsville, Harlingen, and major thoroughfares, the property benefits from consistent rental demand. A key highlight is the value-add potential, with land and city-approved plans for an additional 16 one-bedroom units, providing a clear path for future expansion and increased revenue. Recent improvements include high-impact shingles (2023), energy-efficient windows, individually metered utilities, and a hurricane drainage system, enhancing long-term durability and efficiency
Property Details
Price:
$5,900,000
MLS #:
29775547
Status:
Active
Baths:
0
Type:
Multi Family
Subdivision:
CLARA
Listed Date:
Apr 10, 2026
Finished Sq Ft:
42,708
Lot Size:
140,698 sqft / 3.23 acres (approx)
Year Built:
2007
Schools
School District:
SAN BENITO C.I.S.D.
Elementary School:
DR.CASH
Middle School:
MILLER JORDAN
High School:
SAN BENITO
Interior
Heating System
Central
Exterior
# Stories
Two
Energy Features
Double Pane Windows
Financial
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