About This Home
This 0-bedroom, 0-bathroom multi-family at 1870 King David in Three Rivers, TX is listed for $1,199,000 ($76 per sqft). Built in 1994, the home offers 15,876 sqft of living space on a N/A lot.
Key Features
- Built in 1994
- 82459.00 acre lot
- 2 stories
Property Details
Amenities
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.
Monthly Cost Estimate
$6,413/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1870 King David
Three Rivers, TX 78071
WM O'DOCHARTY
Features & Amenities
Interior Features
Property Details
Flooring
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1870 King David is listed at $1,199,000 ($76/sqft). The estimated monthly payment is $6,413 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1994, 82459.00 acre lot, 2 stories. Interior Features: WindowTreatments.
This property is listed by James Mirabal and can be reached at 3617744137.