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24423992
24424022

303-511 E Reagan Rd, Beeville, TX 78102

SG
TX TX 533667
LS Realty Advisors, Inc.
Listed by LS Realty Advisors, Inc.
$2,380,000
313 days on market
Updated 5 days ago

Reagan Rd Apartments | 28 Units

Details
APN 28971, 29036, 29205 29207, 91644, 91646
Property Type Multifamily
Sub Type Apartment Building
Square Footage 20,140
Net Rentable (SqFt) 20,140
Units 28
Cap Rate 8.02%
NOI $190,931
Occupancy 93%
Pro-Forma Cap Rate 8.28%
Pro-Forma NOI $197,000
Price per SqFt $118
Broker Co-Op No
Class C
Year Built 1976
Year Renovated 2025
Buildings 6
Stories 2
Acreage 1.640
Investment Type Stabilized
Occupancy Date 01/01/2026
Ground Lease No

Stable Operation; Ready for New Owner

Marketing description

2025 Financials Now Available! Lifestyles Realty is pleased to present this multifamily asset consisting of 28 units spread across six well-maintained buildings, offering a total of 20,324 square feet of net rentable area (NRA). Situated on 1.643 acres, the property provides ample space for residents with a low-density layout. Originally constructed in 1975, the buildings have retained their structural integrity and classic charm. The unit mix and site layout are ideal for long-term tenants seeking a community setting. This asset presents a solid investment opportunity in the stable multifamily sector. “Current” NOI is 2025 Income; ProForma NOI is based on T3 Income over T12 Expenses. T6 and T3 Income reflect positive trends.

Investment highlights

28 Units with 93% Occupancy

Great location on a main road in Beeville.

Well-maintained and appealing property.

Updated and modernized amenities.

Strong submarket with sound employment.

Listing Contacts

SG
TX TX 533667
LS Realty Advisors, Inc.
Listed by LS Realty Advisors, Inc.

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$190,931.00
$15,910.92/mo

Valuation Metrics

0
DSCR
8.02%
Cap Rate
8.02%
ROI

Map

Zoning

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R3 ResidentialTwo FamilyDuplex And Apartment District
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Last updated Jan 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Steve Guzek
License
TX 533667
Brokerage
Lifestyles Realty Central Texas Inc
Title
Associate Broker
Brokerage Address
12460 Network Blvd
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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