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For sale
    • $1,199,000

    1870 King David Dr, Three Rivers, TX 78071

    --beds
    --baths
    15,876sqft
    : 
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    Apartment
    Built in 1994
    -- sqft lot
    $-- Zestimate®
    $76/sqft
    $-- HOA

    What's special

    Tenant patios or balconiesCentral heat and airLaundry connectionsFull kitchensPrivate parking
    Exceptional multifamily investment opportunity in the heart of Three Rivers, Texas! This 20-unit apartment complex offers both strong current performance and future upside with an 8.1% cap rate and room for rent increases. The property consists of twelve 2-bed/1-bath units and four 1-bed/1-bath units — all recently updated with central heat and air, laundry connections, and full kitchens. Exterior amenities include private parking, tenant patios or balconies, and convenient access to IH-37, ensuring steady rental demand. Priced to sell, this is an ideal opportunity for investors seeking cash flow, appreciation potential, and a turnkey asset in a growing South Texas market.
    149 days
    |
    47
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    James Mirabal 361-774-4137,

    Mirabal Montalvo & Associates

    Source: South Texas MLS,MLS#: 469959MLS LogoOriginating MLS: Corpus Christi

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      Facts & features

      Interior

      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Electric Range
      • Laundry: Washer Hookup, Dryer Hookup
      Features
      • Window Treatments
      • Flooring: Carpet, Laminate
      • Windows: Window Coverings
      • Has fireplace: No
      Interior area
      • Total structure area: 15,876
      • Total interior livable area: 15,876 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Asphalt
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 1.89 Acres
      • Features: Corner Lot
      Details
      • Has additional parcels: Yes
      • Parcel number: 03903300055500

      Construction

      Type & style
      • Home type: Apartment
      • Property subtype: Apartment
      • Attached to another structure: Yes
      Materials
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Year built: 1994

      Utilities & green energy

      • Electric: Separate Meters
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Available, Water Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: WM O'DOCHARTY
      HOA
      • Has HOA: No
      Location
      • Region: Three Rivers

      Financial & listing details

      • Price per square foot: $76/sqft
      • Annual tax amount: $5,749
      • Date on market: 1/15/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        1/15/2026Listed for sale$1,199,000$76/sqft
        Source: South Texas MLS #469959 Report a problem
        1/6/2021Listing removed--
        Source: South Texas MLS Report a problem
        4/16/2020Price change$695-7.3%
        Source: Mirabal Montalvo & Associates #358084 Report a problem
        3/6/2020Listed for rent$750+15.4%
        Source: Mirabal Montalvo & Associates #358084 Report a problem
        2/4/2017Listing removed$650
        Source: Zillow Rental Manager Report a problem
        1/20/2017Listed for rent$650
        Source: Zillow Rental Manager Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 78071

          Getting around

          8 / 100
          Car-Dependent
          32 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Three Rivers
          • Middle: Three Rivers
          • High: Three Rivers
          • District: Three Rivers ISD

          Source: South Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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