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$140,000

340 E Expressway 83, SAN BENITO, TX, 78586

PendingInfo
Beds2 Beds
Baths2 Bath
Baths1,084 Sq Ft
price_per_sqft$129.15 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringLaminate, Tile

Exterior

Lot Size3,999 sqft

Building Information

Year Built1963
Stories2
Roof Type105
Garage Spaces2

Land Information

APN59-8540-0180-0000-00
SubdivisionMerriwether & Sauer Subdivision
Land UseResidential
Legal DescriptionSAN BENITO- MERRIWETHER & SAUER BLK 18
Census Tract011601
Assessed Land Value$22,200
Assessed Improvement Value$79,758
Assessment Year2025

About this property

INVERSTOR AND BUYER OPPORTUNITY ALERT!! Don't miss this highly versatile property, zoned C-2 Commercial General Retail, allowed for multiple land uses with incredible development potential!! (Perfect for a duplex, triplex, or 4-plex). This 1963-built gem has been beautifully rehabbed featuring brand-new flooring, fresh interior paint, and upgraded doors throughout. The 1084 sf layout offers 2BR/2FBA+an upstairs bonus room. Situated on a generous .27 acre lot shaded by mature trees, 2-carports, and a detached storage shed equipped w/electricity, running water, an extra toilet, and lavatory-ideal for a workshop or conversion. Outstanding location w/endless possibilities for a business, rental portfolio, or a primary residence with income potential!! Easy to show, schedule your tour today!

Investor Tools

$0Estimated Mortgage Balance
$100,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$840 /month
Positive
Cash Flow Estimate:
$280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$94/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$630
$54,507
2025
$22,200
$79,758
$101,958
No

Tax History

Year
Tax Paid
Assessed Value
2025
$630
$54,507

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$100,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$893/mo
N/A
+$893/mo
10.7%

City: SAN BENITO

340 E Expressway 83 | Property Details | No Agent List