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Eight-Unit Apartment Property
For Sale
$1,200,000

10901 Annaville, Corpus Christi, TX 78410

Residential, Corpus Christi, TX

Property Size8,575 SF
Lot Size1.48 Acres
Price / SF$139.94
Days on Market234

Property Features for 10901 Annaville

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Garage
Interior features AirFiltration
Appliances Dishwasher, ElectricCooktop
Elementary school Calallen
Middle school Calallen
High school Calallen
Elementary school district Calallen ISD
Middle school district Calallen ISD
High school district Calallen ISD
Directions IH-37 S to Exit 10 (Carbon Plant/Up River). Turn onto Annaville Rd, property on right.
Standard status Active
APN 314800020053
Size 8,575 SF
Lot size 1.48 Acres

Taxes and HOA fees

Tax Description HAIGLER ADD LT 4 A BK 2 HAIGLER ADD LT 4 B BK 2 HAIGLER ADD LT 4 C BK 2 HAIGLER ADD LT 4 D BK 2 HAIGLER ADD S 94 FT OF N 188 OF LT 4 & 5 BK 2 HAIGLER ADD LT 5 B BK 2 HAIGLER ADD LT 5 C BK 2 HAIGLER ADD LT 5 D BK 2
Legal Description HAIGLER ADD LT 4 A BK 2 HAIGLER ADD LT 4 B BK 2 HAIGLER ADD LT 4 C BK 2 HAIGLER ADD LT 4 D BK 2 HAIGLER ADD S 94 FT OF N 188 OF LT 4 & 5 BK 2 HAIGLER ADD LT 5 B BK 2 HAIGLER ADD LT 5 C BK 2 HAIGLER ADD LT 5 D BK 2

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Window Unit(s), Central Air
Water source Public

Building Details

Year built 1967
Floors in Building 1
Flooring type Vinyl
Roof type Shingle
Listing Agency: BEK Real Estate Advisors, LLC
Listed By: Brandon Kneupper · License #0551685
Added: Feb 17 Changed: Sep 21 Last Checked: Oct 9 at 6:06PM
MLS# 471768

Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8-unit apartment property contains approximately 8,575 square feet on approximately 1.48 acres. The detached units are each paired with a fenced yard and garage, while utilities are individually metered. Six units have undergone renovation within the last four years, including updates to HVAC systems, electrical components, plumbing, and interior finishes. Additional property features include central and window-unit cooling, electric central heat, vinyl flooring, dishwashers, and electric cooktops.

Built in 1967, the property uses public water and public sewer and has a shingle roof. The site is at 10901 Annaville Rd in Corpus Christi, approximately 13 miles from Downtown Corpus Christi, with access to I-37. The property is fully leased.

Key Highlights

  • 8‑unit multifamily property totaling approximately 8,575 SF
  • Approximately 1.48‑acre site at 10901 Annaville Rd
  • Fully leased with individually metered utilities

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$80,132
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,602,640 $1.6M
Cap Rate 7%
$1,144,743 $1.1M
Cap Rate 9%
$890,356 $890.4K
Market Conditions
NOI Build-Up for 8,575 SF
Gross rent
$166.7K $19.44/SF
− Vacancy
−$21.0K −$2.45/SF
EGI
$145.7K $16.99/SF
− OpEx
−$65.6K −$7.65/SF
NOI
$80.1K $9.34/SF
Area
Corpus Christi, TX
Vacancy
12.60%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,602,640
Cap Rate 7%
$1,144,743
Cap Rate 9%
$890,356

Alternative Uses

Best Use
Apartment 5plus
$1.14M
$1.00M – $1.34M (±1% cap)
NOI $80,132 @ 7.0% cap · market cap 6.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.04M
$1.79M – $2.38M (±1% cap)
NOI $142,825 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Gym & Fitness Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

336
Businesses Nearby

Demographics for 78410, TX

29,545
Population
10,798
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
90%
High-School Grad
22.5 sq mi
ZIP Area
1,313
Density / Sq Mi
$77,642
Median Household Income
$45,386
Median Earnings
$1,158
Median Rent
$220,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased detached units offer individually metered utilities, fenced yards, and private garages.
Where is this apartment building located?
The property is located at 10901 Annaville Corpus Christi, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 8‑unit multifamily property totaling approximately 8,575 SF; Approximately 1.48‑acre site at 10901 Annaville Rd; Fully leased with individually metered utilities
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