1231 E EXPRESSWAY 77/83 San Benito, TX 78586
COMMERCIAL - SAN BENITO, TX
- Added:
- Jul 5, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 1231 E EXPRESSWAY 77/83
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,014 SF
- Lot size
- 0.34 Acres
Building Details
- Year built
- 1993
- Floors in Building
- 1
Listing agent LESLIE DE LA GARZA (956) 392-2559
Listing office KELLER WILLIAMS LRGV 1313 E Washington Ave, Harlingen, TX (956) 423-8877
Listing date Jul 5, 2026
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1231 E Expressway 77/83 in San Benito, Texas 78586 (Cameron County), the home’s site provides a straightforward acquisition for buyers based in the surrounding area or relocating to the Rio Grande Valley. The offering is presented for sale.
For buyers, the primary consideration is the current leased status and the existing rental income with long-term tenants in place. Owner-occupants may also find practical value in the home’s size and lot configuration while benefiting from the current occupancy. Investors may appreciate the continuity of tenancy reflected in the stated monthly income. Please contact the listing agent to schedule an appointment and review the property details and tenant information.
Key Highlights
- Built in 1993
- Currently generating $1,700 per month with long‑term tenants in place
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.7k | $14.76 |
| − Vacancy | −$2.0k | −$1.00 |
| EGI | $27.7k | $13.76 |
| − OpEx | −$12.5k | −$6.19 |
| NOI | $15.2k | $7.57 |
