1870 King David, Three Rivers, TX 78071
1870 King David, Three Rivers, TX 78071
1870 King David, Three Rivers, TX 78071
1870 King David, Three Rivers, TX 78071
1870 King David, Three Rivers, TX 78071
1870 King David, Three Rivers, TX 78071
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$ 1,199,000
Est. payment | /mo

15,876 SqFt


$ 1,199,000
Est. payment | /mo

15,876 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 15,876 sqft

Price per Sqft $75

Subdivision Wm O'Docharty

MLS Listing ID 469959

HOA Y/N No

Year Built 1994

Annual Tax Amount $5,749

Lot Size 1.890 Acres

Acres 1.89

Property Sub-Type Apartment

Property Description

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.

Location

State TX

County Live Oak

Interior

Interior Features Window Treatments

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Laminate

Fireplace No

Appliance Electric Oven, Electric Range

Laundry Washer Hookup, Dryer Hookup

Exterior

Parking Features Asphalt

Utilities Available Sewer Available, Water Available

Roof Type Shingle

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

Elementary Schools Three Rivers

Middle Schools Three Rivers

High Schools Three Rivers

School District Three Rivers Isd

Others

Tax ID 0390-3300-0555-00

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/cor/469959

Corpus Christi/Coastal Bend (CCMLS) - South Texas MLS
Listed by Mirabal Montalvo & Associates • James Mirabal

NEARBY SCHOOLS & PROPERTIES

Abby Alaniz

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(956) 833-2321

abby@empower-realty.com

4810 N Raul Longoria Rd, Juan, TX 78589

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1870 King David