Three Rivers, TX 78071
1870 King David
$1,199,000
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Property Overview
About 1870 King David
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.
Property Highlights
- Status
- Active
- Price
- $1,199,000
- Property Type
- Apartment
- Bathrooms
- 0
- Living Area
- 15,876 Sq Ft
- Lot Size
- 1.89 Acres
- Year Built
- 1994
- Subdivision
- WM O'DOCHARTY
- School District
- Three Rivers ISD
- MLS / Listing ID
- 469959
Listing attribution: Courtesy of Mirabal Montalvo & Associates · James Mirabal.
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Location & nearby active listings
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Marci Peck
REALTOR® · TREC #0723266
Corpus Christi Realty Group
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