Three Rivers, TX 78071,1870 King David
Three Rivers, TX 78071,1870 King David
Three Rivers, TX 78071,1870 King David
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
19
Jan
Tue
20
Jan
Wed
21
Jan
Aaron Aker

Aaron Aker

+1(804) 852-1823
$1,199,000
Est. payment /mo
15,876 SqFt
Save Virtual Tour

UPDATED:

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

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

GET MORE INFORMATION

Aaron Aker

Aaron Aker

+1(804) 852-1823

Agent | License ID: 815201

Agent License ID: 815201

Name

Phone*

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Aaron Aker, REALTOR®, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.