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600 E Crockett St

Beeville, TX 78102
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Just listedJust listed
23,760 Sqft
84,942 Lot Sqft
Multi-Family

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Description

Presenting The Thomas Apartments: A rare 24-unit value-add play in Beeville offered at an attractive $80,000/door at a 7.53% 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% 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% 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.

MLS#
81816909
List Price
$1,920,000 ($81/Sqft.)
Listing Status
For Sale
Address
600 E Crockett St
City
Beeville
State
TX
Zip Code
78102
County
Bee County
Subdivision
A BURKE ABST 5 TR 53 1.947 AC
Legal Description
A BURKE ABST 5 TR 53 1.947 AC
Property Type
Multi-Family
Stories
2
Building Size
23,760 Sqft/Appraisal
Year Built
1980 /Appraisal District
Lot Size
84,942 Sqft/Appraisal District

Exterior

Roof
Composition
Lot Description
Other

Extra details you may need to know

List Type
Exclusive Right to Sell/Lease

Financial information

Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$37,507/2025
Tax Rate
2.4864

Interior

Cooling
Central Electric
Heating
Central Electric

Rooms

2 Bdr #
24

Lot Information

Lot Size
84,942 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Listing Broker

Information source

Houston Association of REALTORS®
Source last updated May 04, 2026 at 04:47 PM
Listing last updated May 04, 2026 at 11:46 AM
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

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Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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