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    Property profile & analytics

    2095 La Palma St San Benito, TX 78586

    • Apartment buildings
    • 23,816 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2095 La Palma St

    Year built
    1994
    Property size
    23,816 SF
    Property type
    Apartment buildings

    Description

    This exceptional 36-unit apartment complex in San Benito, Texas presents a compelling investment opportunity. The Class B property, built in 1994, boasts 23,816 square feet of living space, plus additional square footage for laundry and office facilities, situated on a 52,272 square foot lot. Currently operating at 100% occupancy, the property generates a strong NOI of $157,174, with a pro-forma NOI projected at $181,022, reflecting a potential for significant rental increases. Individual unit features include central HVAC systems and electric hot water heaters

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    San Benito
    County
    Cameron
    State
    Texas
    Longitude
    -97.6481
    Latitude
    26.1446

    Comparable in this City

    • Value Estimation by Request

      131 Las Palmas St

      Multifamily properties
      131 Las Palmas St, San Benito, TX 78586
      View Details
    • Value Estimation by Request
      6.79 Acres

      00 Lovett St

      Multifamily properties • 6.79 Acres
      00 Lovett St, San Benito, TX 78586
      View Details
    • Value Estimation by Request
      4.00 Acres

      20985 Espinoza St

      Multifamily properties • 4.00 Acres
      20985 Espinoza St, San Benito, TX 78586
      View Details
    • Value Estimation by Request
      8.78 Acres

      22820 Turner St

      Multifamily properties • 8.78 Acres
      22820 Turner St, San Benito, TX 78586
      View Details
    • Value Estimation by Request
      106.32 Acres

      Expy 83 Hwy

      Multifamily properties • 106.32 Acres
      0 Expy 83 Hwy, San Benito, TX 78586
      View Details
    • Value Estimation by Request

      284 Cres Cir

      Multifamily properties
      284 Cres Cir, San Benito, TX 78586
      View Details

    Similar Nearby for Sale

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      San Benito Multifamily Investment Opportunity

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    Similar Nearby for Lease

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      San Benito Coworking Space Available

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      Land
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      Medical/Dental/Office Space Available

      Signalized corner location suitable for medical, dental, or office use.
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    San Benito, TX 78586
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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