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About This Home

This 0-bedroom, 0-bathroom residential multi family at 3000 E Coby Drive in Mission, TX is listed for $975,000 ($116 per sqft). Built in 2003, the home offers 8,391 sqft of living space on a 1.01 acres lot.

Agent Description

Prime investment opportunity in the growing Mission area of the Rio Grande Valley! This 12-unit apartment complex sits on a spacious 1-acre corner lot at La Homa Rd and Coby Dr, featuring two well-maintained six-unit buildings. With consistently high occupancy and minimal tenant turnover, this property offers stable, reliable cash flow from day one.

Located in a high-demand area experiencing rapid growth and increased developer interest, this asset is well-positioned for future appreciation. Its strong rental performance, strategic location, and upside potential make it an excellent addition to any portfolio-ideal for both new and seasoned investors seeking long-term value and income stability.

Key Features

  • Built in 2003
  • 1.01 acre lot

Property Details

1 story
2003

Amenities

A/C

Monthly Cost Estimate

$5,215/mo

20% down · 6.5% · 30 years

Principal$705
Interest$4,225
Insurance$284

Estimates only. Actual payments may vary.

Location

3000 E Coby Drive

Mission, TX 78574

Kenwood Estates

Features & Amenities

Exterior Features

Mature Trees

Property Details

Construction

Block Stucco

Parking

Other

Heating

Electric (Heating)Heat Pump (Heating)Central

Cooling

ElectricCentral AirHeat Pump

Appliances

Electric Water HeaterWater Heater (Other Location)Electric CooktopRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 3000 E Coby Drive is listed at $975,000 ($116/sqft). The estimated monthly payment is $4,225 based on 20% down at 6.5% interest.

Key features include: Built in 2003, 1.01 acre lot. Exterior Features: Mature Trees.

This property is listed by Olga L Arriaga and can be reached at 9568275025 or olga@dolcevitargv.com.

OA

Olga L Arriaga

Agent at Dolce Vita Realty

(956) 827-5025

Listed by Dolce Vita Realty · View on Broker Site

MLS# 502132· Source: listhub· Updated today

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3000 E Coby Drive, Mission, TX 78574

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