0 Baths
15,876 sqft
$1,199,000
1870 King David, Three Rivers TX, 78071
Price per sqft$75.52
Built in1994
Property size15,876 sqft
Property typeCondominium
Overview
Active
Listed Jan 14, 2026
Updated 3 weeks ago
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.
$7,977/mo
Est. mortgage payment based on a $1,199,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 469959
Interior Features
- Bathrooms
- 0
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 1.89 Acres
Other Property Details
- Taxes
- $5,749
- Tax Frequency
- Annually
Courtesy of Mirabal Montalvo & Associates
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Zest Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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