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17,258 sqft

$1,760,000

1400 N SAINT MARYS ST, BEEVILLE TX, 78102

Price per sqft$101.98
Built in1974
Property size17,258 sqft
Property typeMulti-family

Overview

Active

Act

Listed May 11, 2026

Updated 2 days ago

PRICE CUT! Presenting Sebastian Estates: A rare 24-unit value-add play in Beeville offered at an attractive $73,333/door at a 8.26 PCT CAP Rate (proforma). Twenty-four large 2-bed/1-bath units at 814 sf, all single-level (tenants love this!), durable metal roofs, separately metered power. 1.07 acres with on-site parking. On-site laundry facility provided at no cost to residents (potential to convert to coin-operated for additional income). 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, in-place rents average $855 against $950 market, and 42 PCT of units are already leased at $900, the rent lift is real and achievable. Bring the bottom of the rent roll up and stabilize from 88 PCT occupancy, and the value-add play is self-executing.

$11,709/mo

Est. mortgage payment based on a $1,760,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$3
Tax Frequency
Annually
Maintenance Expense
$19,200
MLS provider logo

Courtesy of Erion Shehaj, Signature Real Estate

Listing Contact: (713) 952-3200

Source:  ©2026 Local Expertise Regional Access

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Local Expertise Regional Access®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than REAL, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Copyright © [[year] Local Expertise Regional Access®. All Rights Reserved.

Data last updated 1:12 AM UTC, 10/6/2026

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