1 / 3048-Unit Multifamily in San Benito, TX
TX · listed Apr 10, 2026 (201 days)
- $/unit
- $122,917
- ▲ 23% vs TX · 62nd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 48
- 2007
Financials
- Asking price
- $5,900,000
- Price per unit
- $122,917
- Price per sq ft
- $138
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 48
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2007
- Building size
- 42,708 sq ft
- Avg unit size
- 890 sq ft
- Lot size
- 3.23 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Apr 10, 2026
- Days on market
- 201 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2024
About this property
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
Luxury Apartments | INVESTMENT OPPORTUNITY
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
Penitas, TXValue-add | $1.98M | $55K$55K | — |
Harlingen, TXNew | $3.3M | $89K$89K | — |
Harlingen, TXValue-add | $1.15M | $64K$64K | — |
Harlingen, TXNew construction | $765K | $96K$96K | — |
Harlingen, TX▼ 3% cut | $680K | $97K$97K | — |
Harlingen, TX▼ 11% cut | $425K | $71K$71K | — |





