1870 King David Dr
Three Rivers, TX 78071
- Studio
- 15,876 sqft (on 1.89 acres)
Studio
15,876 sqft
(on 1.89 acres)
Local Information
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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
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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) |
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Exterior Home Features Roof: ShingleFoundation: Slab |
Parking & Garage No Attached GarageParking: Asphalt |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 154 |
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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 |
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Price List Price: $1,199,000Price Per Sqft: $76 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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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 |
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Listing Agent Listing ID: 469959 |
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Building Area Building Area: 15876 Square Feet |
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Association for this Listing: Corpus ChristiNo HOAHOA Fee: No HOA Fee |
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Lot Area: 1.893 Acres |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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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
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
21
1MoM
Price History for 1870 King David Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 01/15/2026 | $1,199,000 | Listed For Sale | South Texas MLS #469959 |
| 01/06/2021 | ListingRemoved | South Texas MLS | |
| 04/16/2020 | $695 | PriceChange | Agent Provided |
| 03/06/2020 | $750 | Listed For Rent | Agent Provided |
| 02/04/2017 | $650 | ListingRemoved | Agent Provided |
| 01/20/2017 | $650 | Listed For Rent | Agent Provided |
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These are the assigned schools for 1870 King David Dr.
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.
LGBTQ Local Legal Protections
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.
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.

