Updated Apartment
For Sale
$1,199,000
1870 King David, Three Rivers, TX 78071
Multifamily property with central air, full kitchens, laundry connections, private parking, and tenant patios or balconies.
Property Size15,876 SF
Price / SF$75.52
Days on Market414
Property Features for 1870 King David
General Information
Standard status
Active
Size
15,876 SF
Property subtype
Apartment
Units
Unit Mix
12 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units
20
Additional Details
Cap Rate
8.1%
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,749
Amenities
private parking
tenant patios or balconies
central heat and air
laundry connections
full kitchens
Central Air, Electric
3
Laminate, Carpet
Electric Range/Cooktop, Electric Oven
Window Treatment, Window Coverings
Alarm -Smoke/Fire
Shingle
Corner Lot.
Asphalt.
Corner.
Building Details
Year Built
1994
Listing Agency:
Mirabal Montalvo & Associates
(361) 994-1140
Listed By:
James Mirabal · License #0481796
(361) 774-4137
Source:
Xome
Added: Jul 13, 2025
Changed: Aug 29
Last Checked: Aug 29 at 4:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mirabal Montalvo & Associates
Investment Insights
Based on property information with market context.
This 15,876-square-foot apartment property was built in 1994 and includes recently updated units with central heat and air, laundry connections, and full kitchens. Interior finishes include laminate and carpet flooring, electric ranges and ovens, window coverings, and smoke and fire alarm equipment. Private parking and tenant patios or balconies add functional outdoor amenities.
The property occupies a corner lot at 1870 King David in Three Rivers, Texas, with asphalt paving and shingle roofing. Access to IH-37 provides a direct connection to the regional transportation network. The property is reported at an 8.1% cap rate.
The property occupies a corner lot at 1870 King David in Three Rivers, Texas, with asphalt paving and shingle roofing. Access to IH-37 provides a direct connection to the regional transportation network. The property is reported at an 8.1% cap rate.
Key Highlights
- 15,876‑square‑foot apartment property built in 1994
- Recently updated units with central heat and air
- Full kitchens with electric ranges and ovens
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
Explore this area
Business Placement
Demographics for 78071, TX
4,124
Population
1,481
Households
2.8
Avg Household Size
39
Median Age
10%
College-Educated
66%
High-School Grad
313.9 sq mi
ZIP Area
13
Density / Sq Mi
$44,910
Median Household Income
$42,308
Median Earnings
$943
Median Rent
$160,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with central air, full kitchens, laundry connections, private parking, and tenant patios or balconies.
Where is this apartment building located?
The property is located at 1870 King David Three Rivers, TX.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 15,876‑square‑foot apartment property built in 1994; Recently updated units with central heat and air; Full kitchens with electric ranges and ovens
