600 E Crockett St Beeville, TX 78102
4,394 Sq. Ft. / 84,942 Sq. Ft., 1.95 acres lot size / Multi-Family
Listing Courtesy of: Erion Shehaj - Signature Real Estate (713) 952-3200 [email protected]
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Presenting The Thomas Apartments: A rare 24-unit value-add play in Beeville offered at an attractive $80,000/door at a 7.53 PCT CAP Rate (proforma). Twenty-four large 2-bed/1-bath units at 990 sf, in 6 separate two-story buildings with durable metal roofs and separately metered power on just under 2 acres of land. Washer and dryer connections in each unit. Beeville's tenant base is anchored by recession-resistant employers: TDCJ McConnell Unit (~540 staff), Coastal Bend College, Beeville ISD, and Eagle Ford energy. With effectively no new multifamily supply in the pipeline, the rent gap closes on its own merits. In-place rents average $873 against $950 market, and 46 PCT of units are already leased at $900, proving the rent lift is real, not aspirational. Bring the bottom of the rent roll up and stabilize from 80 PCT occupancy, and the value-add play is self-executing. If you'd like to acquire more units, this property can also be purchased as a package with MLS 72383419 for $3.77M.
property details
Type
Multi-Family
Status
Active
County
Bee
Year Built
1980
Sq. Ft.
4,394
Lot Size
84,942 Sq. Ft., 2 acres
Listing Id
1965722
Courtesy Of
Erion Shehaj - Signature Real Estate (713) 952-3200 [email protected]
List Office Phone
+1 713 952 3200
Interior Features
Living Area Units
Sq. Ft.
Exterior Features
Roof
Metal
Foundation
Slab
Stories
2
Parking Spaces
48
Utility & Building Info
Parcel Number
20190
Cooling
Central Air
Heating
Central
Tax Amount
2
Building Area Total
4,394 Sq. Ft.
Price Per Sq Ft
$437
Architectural Style
2 Story
| The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. These real estate listings were derived from the San Antonio Board of REALTORS® which this brokerage is an independently owned member. |
Price History
| date | event | price | source |
|---|---|---|---|
|
05/11/2026
05/11/2026
|
Active |
$1,920,000
|
San Antonio Board of Realtors (SABOR) |
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Market Trends
Source: Constellation1
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