For sale

$975,000

3000 E Coby Dr, Mission, TX 78574

4beds

2baths

8,391sqft

$7,531/mo

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Multi Family

Built in 2003

-- sqft lot

$-- Zestimate^®

$116/sqft

$-- HOA

What's special

Two well-maintained six-unit buildings

Prime investment opportunity in the growing Mission area of the Rio Grande Valley! This 12-unit apartment complex sits on a spacious 1-acre corner lot at La Homa Rd and Coby Dr, featuring two well-maintained six-unit buildings. With consistently high occupancy and minimal tenant turnover, this property offers stable, reliable cash flow from day one. Located in a high-demand area experiencing rapid growth and increased developer interest, this asset is well-positioned for future appreciation. Its strong rental performance, strategic location, and upside potential make it an excellent addition to any portfolio—ideal for both new and seasoned investors seeking long-term value and income stability.

141 days
10
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Has Heating (Unspecified Type)

Cooling

Central Air, Electric, Heat Pump

Appliances

Included: Electric Water Heater, Water Heater (Other Location), Electric Cooktop, Refrigerator
Laundry: Laundry Area

Features

Ceiling Fan(s)
Flooring: Tile

Interior area

Total structure area: 8,391
Total interior livable area: 8,391 sqft

Property

Parking

Parking features: Other Garage or Carport

Features

Exterior features: Mature Trees
Fencing: Chain Link,Privacy,Wood

Lot

Size: 1.01 Acres
Features: Corner Lot, Mature Trees

Details

Additional structures: Outbuilding (None)
Parcel number: K275002000003600

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco
Foundation: Slab
Roof: Composition

Condition

Year built: 2003

Utilities & green energy

Sewer: Septic Tank
Water: Public

Green energy

Energy efficient items: Thermostat

Community & HOA

Community

Features: Gated
Security: Smoke Detector(s)
Subdivision: Kenwood Estates

HOA

Has HOA: No

Location

Region: Mission

Financial & listing details

Price per square foot: $116/sqft
Annual tax amount: $11,871
Date on market: 5/6/2026
Road surface type: Caliche, Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,269/mo

Price history

Date	Event	Price
5/6/2026	Listed for sale	$975,000-7.1%$116/sqft
Source: Greater McAllen AOR #502132 Report a problem
3/23/2026	Listing removed	$1,050,000$125/sqft
Source: Greater McAllen AOR #473658 Report a problem
6/17/2025	Listed for sale	$1,050,000-4.5%$125/sqft
Source: Greater McAllen AOR #473658 Report a problem
4/1/2023	Listing removed	--
Source: Greater McAllen AOR #388654 Report a problem
8/23/2022	Listed for sale	$1,100,000$131/sqft
Source: Greater McAllen AOR #388654 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 78574

Getting around

5 / 100

Car-Dependent

29 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Diaz-Villarreal Elementary School
Grades: PK-5Distance: 2.1 mi
4/10
Domingo Trevino Middle School
Grades: 6-8Distance: 1.7 mi
2/10
Juarez-Lincoln High School
Grades: 9-12Distance: 3.3 mi

Schools provided by the listing agent

Elementary: Diaz-Villarreal
Middle: Trevino
High: Juarez-Lincoln H.S.
District: Mission ISD

Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.