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1400 N Saint Marys St

Beeville, TX 78102
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Just listedJust listed
19,536 Sqft
46,650 Lot Sqft
Multi-Family

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Description

Presenting Sebastian Estates: A rare 24-unit value-add play in Beeville offered at an attractive $77,000/door at a 7.85% 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 utilities. 1.07 acres with on-site parking. 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 $855 against $950 market, and 42% 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 88% occupancy, and the value-add play is self-executing.

MLS#
72383419
List Price
$1,850,000 ($95/Sqft.)
Listing Status
For Sale
Address
1400 N Saint Marys St
City
Beeville
State
TX
Zip Code
78102
County
Bee County
Subdivision
Jones Add
Legal Description
JONES BLK 93 LOTS ALL 1.07 AC
Property Type
Multi-Family
Stories
1
Building Size
19,536 Sqft/Appraisal
Year Built
1974 /Appraisal District
Lot Size
46,650 Sqft/Appraisal District

Exterior

Roof
Metal
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
$36,723/2025
Tax Rate
2.4864

Interior

Cooling
Central Electric
Heating
Central Electric

Rooms

2 Bdr #
24

Lot Information

Lot Size
46,650 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
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Information source

Houston Association of REALTORS®
Source last updated May 03, 2026 at 04:28 PM
Listing last updated May 01, 2026 at 11:26 AM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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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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Assigned schools

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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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