NOT LISTED FOR SALE

3000 Coby Dr Mission, TX 78574

La Homa Neighborhood

Estimated Value: $968,000

Studio
4 Baths
8,391 Sq Ft
$115/Sq Ft Est. Value

About This Home

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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2021
Sold by
Lopez Montes Laura Ines and Contrera Cesar
Bought by
Saroj Properties Llc
Current Estimated Value
$968,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,840
Outstanding Balance
$718,437
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$249,563

Purchase Details

Closed on
Dec 2, 2008
Sold by
Ramirez Ambrocio and Ramirez Martha H
Bought by
Lone Star National Bank

Purchase Details

Closed on
Aug 21, 2006
Sold by
Los Naranjos Ltd
Bought by
Menchaca Juan Pedro and Gonzalez Brenda Elicett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
6.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2005
Sold by
Corpus Arnaldo and Corpus Bail Bonds
Bought by
Ramirez Ambrocio

Purchase Details

Closed on
Feb 20, 2005
Sold by
Ramirez Ambrocio
Bought by
Corpus Arnaldo and Corpus Bail Bonds
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Saroj Properties Llc -- Corporation Service
Lone Star National Bank $250,000 None Available
Menchaca Juan Pedro $26,000 None Available
Ramirez Ambrocio -- None Available
Corpus Arnaldo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saroj Properties Llc $787,840
Previous Owner Menchaca Juan Pedro $26,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2025 06/17/25 For Sale $1,050,000 -- $125 / Sq Ft

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,052 $545,000 $75,018 $469,982
2024 $10,052 $515,000 $75,018 $439,982
2023 $12,998 $673,911 $75,018 $598,893
2022 $8,915 $410,155 $75,018 $335,137
2021 $8,078 $369,123 $75,018 $294,105
2020 $7,040 $318,042 $75,018 $243,024
2019 $9,488 $428,698 $75,018 $353,680
2018 $8,153 $367,200 $75,018 $292,182
2017 $7,018 $314,674 $57,366 $257,308
2016 $7,007 $314,168 $57,366 $256,802
2015 $5,839 $356,903 $57,366 $299,537
Source: Public Records

Agents Affiliated with this Home

  • Jacob Galvan

    Seller's Agent in 2025

    Jacob Galvan

    Ursa Real Estate

    (956) 363-1179

    52 Total Sales

    Jacob Galvan
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Map

Texas Hidalgo County Mission 78574 La Homa

3000 Coby Dr, Mission, TX

Not Listed for Sale

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