3000 E COBY DRIVE, MISSION, TX 78574
Homes for sale in Mission.
Homes for sale in 78574.
3000 E Coby Drive
Mission, TX 78574
List Price$975,000
Listing #502132
8,391
Square Feet
12
Number of Units
Multi-Unit Residential
Type
About This Property
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.
Property Features
Location Information
County
Hidalgo
Directions
Heading West on 7 Mile Line in Mission . Head South on La Homa Road. Take a left (go east) on Coby Drive, Property is on left side.
Subdivision
Kenwood Estates
Interior Features
Interior
Ceiling Fan(s), Dryer, Washer
Laundry
Laundry Area
Heating
Central, Electric, Heat Pump
Appliances
Electric Water Heater, Water Heater (Other Location), Electric Cooktop, Refrigerator
Cooling
Central Air, Electric, Heat Pump
Total Number of Units
12
Floors
Tile
Features
Gated
Exterior Features
Construction
Block, Stucco
Garage Spaces
0
Exterior
Mature Trees
Parking Spaces
0
Foundation
Slab
Fencing
Chain Link, Privacy, Wood
Roof
Composition Shingle
Lot Description
Corner Lot, Mature Trees
Possession
Closing and Funding
Lot Size in Acres
1.013
Septic or Sewer
Septic Tank
Lot Size in Sq. Ft.
44,125
Water
Public
Buildings
Outbuilding (None)
Security Features
Smoke Detector(s)
Energy Features
Thermostat
Parking Description
Other Garage or Carport
Road Description
Caliche, Paved
School
Elementary School District
Mission ISD
Middle School
Trevino
Elementary School
Diaz-Villarreal
High School
Juarez-Lincoln H.S.
Additional Information
Is a Gated Community
Yes
Status
Active
Property Type
RI
Units in Complex
2
Property SubType
Multi Family
Taxes
11871
Year Built
2003
Tax Year
2024
APN
K275002000003600
Square Feet Source
HidalgoCAD
Similar Listings
Mortgage Calculator
$4,552
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,513
Monthly Tax
$812
Monthly Insurance
$227
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Real Estate IDX Powered by iHomefinder