3000 E Coby Drive
Mission, TX 78574
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Bed
0
Bath
8,391Sqft
1.01Acres(Lot)
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 Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Tile -
Interior Features
Ceiling Fan(s) Appliances: Dryer, Washer, Electric Water Heater, Electric Cooktop, Refrigerator, Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump, Central, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
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Building Information
Year Built: 2003 Building Area Total: 8391 Construction Materials: Block, Stucco Stories: 1 Private Pool: No
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Lot Information
Main Square Feet: 1.013 Acres Lot Size Acres: 1.013 Lot Size Square Feet: 44125.8444 Lot Description: Corner LotProperty Information
Subdivision: Kenwood Estates Source Property Type: Residential Income Property SubType: Multi Family Property Age: 23
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Listing Price Information
Listing Price: $975000
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Tax Information
Parcel Number: K275002000003600 Tax Year: 2024 Annual Tax: $11871
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School Information
Elementary School: Diaz-VillarrealJunior High School: TrevinoSenior High School: Juarez-Lincoln H.S. -
Location Information
Direction: 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. WaterSource: Public Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2714 Melody Street, Mission, TX, 78574 | $328,000 | 3 | 4 | 1,865 | 1,865 SqFt |
| 216 Saddle Drive, Mission, TX, 78574 | $64,900 | 2 | 1 | 384 | 384 SqFt |
| 2710 Megan Drive, Mission, TX, 78574 | $230,000 | -- | -- | 3,494 | 3,494 SqFt |
| 2300 Coby Drive, Mission, TX, 78574 | $210,000 | 4 | 3 | 2,099 | 2,099 SqFt |
| 1506 Montecruz Street, Mission, TX, 78574 | $285,000 | 4 | 3 | 2,188 | 2,188 SqFt |
| 5020 N La Homa Rd, Mission, TX, 78574 | $550,000 | -- | -- | 7,113 | 7,113 SqFt |
| 5020 La Homa Road, Mission, TX, 78574 | $550,000 | -- | -- | 7,113 | 7,113 SqFt |
| 3304 N Palm Leaf Circle, Mission, TX, 78574 | $340,000 | -- | -- | 4,652 | 4,652 SqFt |
Similar Multifamily To 3000 E Coby Drive
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater McAllen Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Greater McAllen Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 06/04/2026 @ 01:45
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