Share This Listing

Message

920 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Cash Flowing

Executive Summary

Execute CA to access Offering Memorandum, Rent Roll, Appraisal
13-unit multifamily investment opportunity located along the IH-35 corridor in Encinal, TX, positioned between San Antonio and Laredo in the Eagle Ford Shale region.
The property consists of two completed phases, including a 7-unit container-based building (2015) and three newly constructed duplex buildings (2025), offering a mix of stabilized income and newer product. The asset is currently operating with strong occupancy and consistent cash flow, supported by limited competing rental supply in the immediate market.
In addition to the existing improvements, the neighboring ±0.88 acres of excess land is available as a separate offering, allowing for potential development expansion of an additional 8–10 duplex units by right.
The opportunity is well-suited for investors seeking yield-driven assets with embedded upside through lease optimization and future development.

Data Room Click Here to Access

Property Facts

Price $950,000
Price Per Unit $73,077
Sale Type Investment
Cap Rate 7.63%
Sale Condition 1031 Exchange
No. Units 13
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 1.00 AC
Building Size 11,160 SF
No. Stories 4
Year Built 2025
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $637.50 450
2+1 2 $757.50 900
2+2 9 $850.00 900 - 960
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
18546
Land Assessment
$130,000
Improvements Assessment
$325,000
Total Assessment
$455,000
  • Listing ID: 39837523

  • Date on Market: 3/19/2026

  • Last Updated:

  • Address: 600 Berry St, Encinal, TX 78019

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}