3000 E Coby Drive, Mission, TX 78574

$975,000
8,391
SqFt

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List Price
$975,000
Status
ACTIVE
MLS#
502132
Living Area
8,391
Lot Size (Acres)
1.013
Year Built
2003

Property 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.

Additional Information

Area
Mission
Subdivision
Kenwood Estates
Taxes
$11,871
Tax Year
2024
Stories
1
Interior Features
Ceiling Fan(s), Dryer, Washer
Amenities
Gated
Living Area
8,391
Exterior Features
Mature Trees
Community Features
Gated
Lot Size
44,125
Heating
Central, Electric, Heat Pump
Cooling
Central Air, Electric, Heat Pump
Sewer
Septic Tank
School District
Mission ISD
Elementary School
Diaz-Villarreal
Middle School
Trevino
High School
Juarez-Lincoln H.S.

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Calculator source: Real Geeks

Listing courtesy of Olga L Arriaga with Dolce Vita Realty