1870 King David Dr, Three Rivers, TX 78071
FOR SALE
3D VIEW
1.89 ACRES

1870 King David Dr
Three Rivers, TX 78071

  • Studio
  • 15,876 sqft (on 1.89 acres)

$1,199,000

Est. Mortgage $6,891/mo*

$1,199,000

Est. Mortgage $6,891/mo*
Studio
15,876 sqft
(on 1.89 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$76
Listed
154 days ago

Home Details for 1870 King David Dr

Interior Features

Dimensions and Layout
Living Area: 15876 Square Feet
Appliances & Utilities
Utilities: Sewer Available, Water AvailableAppliances: Electric Oven, Electric RangeLaundry: Washer Hookup,Dryer Hookup
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Separate Meters
Windows, Doors, Floors & Walls
Window: Window CoveringsFlooring: Carpet, Laminate
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Laminate
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: Slab
Parking & Garage
No Attached GarageParking: Asphalt
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 154

Property Information

Year Built
Year Built: 1994
Property Type / Style
Property Type: ResidentialProperty Subtype: Apartment
Building
Attached To Another StructureHas Additional Parcels
Property Information
Parcel Number: 03903300055500

Price & Status

Price
List Price: $1,199,000Price Per Sqft: $76
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Three RiversCommunity: WM O'DOCHARTY
School Information
Elementary School: Three RiversElementary School District: Three Rivers ISDJr High / Middle School: Three RiversJr High / Middle School District: Three Rivers ISDHigh School: Three RiversHigh School District: Three Rivers ISD

Agent Information

Listing Agent
Listing ID: 469959

Building

Building Area
Building Area: 15876 Square Feet

HOA

Association for this Listing: Corpus ChristiNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 1.893 Acres

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Miscellaneous

Mls Number: 469959Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetActivation Date: Wed Jan 14 2026Below Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48297-N-03903300055500-R-N
Last check for updates: about 4 hours ago
Listing courtesy of James Mirabal, (361) 774-4137
Mirabal Montalvo & Associates
Originating MLS: Corpus Christi
Source: South Texas MLS, MLS#469959
Also Listed on South Texas MLS.

Market trends in Three Rivers

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
21
1
MoM

Price History for 1870 King David Dr

DatePriceEventSource
01/15/2026$1,199,000Listed For SaleSouth Texas MLS #469959
01/06/2021ListingRemovedSouth Texas MLS
04/16/2020$695PriceChange
Agent Provided
03/06/2020$750Listed For RentAgent Provided
02/04/2017$650ListingRemovedAgent Provided
01/20/2017$650Listed For RentAgent Provided

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Assigned Schools

These are the assigned schools for 1870 King David Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Three Rivers

At least 7 Trulia users voted on each feature.
  • 88 % Say car is needed

  • 82 % Say people would walk alone at night

  • 75 % Say yards are well-kept

  • 71 % Say kids play outside

  • 69 % Say parking is easy

  • 54 % Say there's wildlife

  • 50 % Say there's holiday spirit

  • 43 % Say it's quiet

  • 40 % Say it's dog friendly

  • 36 % Say it's walkable to grocery stores

  • 33 % Say it's walkable to restaurants

  • 31 % Say neighbors are friendly

  • 22 % Say there are sidewalks

  • 22 % Say they plan to stay for at least 5 years

  • 15 % Say streets are well-lit

  • 13 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Silas Donovan
    "Its very wholesome and very neighborly i love the community here and ive been living here since i was a baby so yea"
  • Yankyrose
    "we are in between two metropolitan area, San Antonio and Corpus Christi. small town has several restaurants, movie theater, liquor stores, sporting/bait/tackle shop. close to Choke Canyon Reservoir, which is known for great fishing. several RV parks in area, along with Valero refinery."

LGBTQ Local Legal Protections

James Mirabal, Mirabal Montalvo & Associates
Agent Phone: (361) 774-4137
Based on information from South Texas MLS, LLC as of 2026-06-17 15:47:29 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein “AS IS” and without any warranty, express or implied.
MLS aggregate data is a copyright of Texas Association of REALTORS® (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
1870 King David Dr, Three Rivers, TX 78071 is a studio, 15,876 sqft apartment built in 1994. This property is currently available for sale and was listed by South Texas MLS on Jan 15, 2026. The MLS # for this home is MLS# 469959.