# 1870 King David, Three Rivers, TX 78071

> **TL;DR:** multi-family, $1,199,000 ($76/sqft), built 1994, 15,876 sqft.
> A/C. Est. $5,196/mo. Listed 138 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,199,000 |
| Price/sqft | $76 |
| Square Feet | 15,876 |
| Year Built | 1994 |
| Lot Size | 82,328 sqft (1.89 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 138 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,196 |
| **Total** | **$5,196** |

## Nearby Schools

- **Elementary:** Three Rivers
- **Middle:** Three Rivers
- **High:** Three Rivers

## Key Amenities

- A/C

## Property Highlights

- Built in 1994
- 1.89 acre lot
- 2 stories

## Description

### Agent 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

- **Address:** 1870 King David, Three Rivers, TX 78071
- **County:** Live Oak
- **Neighborhood:** WM O'DOCHARTY

## Listing Agent

- **Name:** James Mirabal
- **Brokerage:** Mirabal Montalvo & Associates
- **Phone:** 3617744137
- **Email:** j_mirabal@mac.com

## Primary Photo

![1870 King David - Primary Photo](http://lh.rdcpix.com/58de843c5d8daf9741e310a5f60a743bl-f2882203117r.jpg)

*40 total photos available on [listing page](https://www.propertysimple.com/listing/1870-king-david-three-rivers-tx-78071-x469959)*

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**MLS#:** 469959 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1870-king-david-three-rivers-tx-78071-x469959)

---

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  "name": "1870 King David, Three Rivers, TX 78071",
  "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, ensu",
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