This 12-unit apartment complex is located at the corner of La Homa Road and Coby Drive in Mission, Texas, a growing region in the Rio Grande Valley. The property consists of two six-unit buildings on a one acre corner lot. This property presents a stable income-producing opportunity with a consistently high occupancy and minimal tenant turn over. The surrounding area has experienced increased demand and has attracted the attention of developers meaning this property is poised to experience a significant increase in value over the coming years. With an excellent location, high occupancy rates, and a growing area, this property is a strong choice for the new or seasoned investor.
For sale
$1,050,000
3000 E Coby Dr, Mission, TX 78574
4beds
2baths
8,391sqft
Est.:
Apartment, Multi Family
Built in 2003
-- sqft lot
$-- Zestimate®
$125/sqft
$-- HOA
What's special
Corner lot
- 55 days
- on Zillow |
- 56 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 09:53am
Listed by:
Jacob Galvan 956-363-1179,
Ursa Real Estate
Source: Greater McAllen AOR,MLS#: 473658
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric, Heat Pump
Appliances
- Included: Electric Water Heater, Water Heater (Other Location), Electric Cooktop, Refrigerator
- Laundry: Laundry Area
Features
- None
- Flooring: Tile
Interior area
- Total structure area: 8,391
- Total interior livable area: 8,391 sqft
Property
Parking
- Parking features: Other Garage or Carport
Features
- Exterior features: Mature Trees
- Fencing: Chain Link,Privacy,Wood
Lot
- Size: 1.01 Acres
- Features: Corner Lot, Mature Trees
Details
- Additional structures: Outbuilding (None)
- Parcel number: K275002000003600
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2003
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Gated
- Subdivision: Kenwood Estates
HOA
- Has HOA: No
Location
- Region: Mission
Financial & listing details
- Price per square foot: $125/sqft
- Annual tax amount: $11,871
- Date on market: 6/17/2025
- Road surface type: Caliche, Paved
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