535 S Carancahua Street, Corpus Christi, TX 78401
SINGLE_FAMILY - Corpus Christi, TX
- Added:
- Jan 9, 2026
- Days on Market:
- 169
- Last Refresh:
- Jun 27 at 8:06 pm
Property Features for 535 S Carancahua Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 713500040010
- Size
- 2,746 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Description
- RAYNE TR E/2 OF BK 4 ORR TR A BK 4
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1924
- Floors in Building
- 2
Listing agent James Magill License #0675040 (361) 425-1112
Listing office DH Realty Partners Inc 500 N Shoreline Boulevard, Corpus Christi, TX (210) 222-2424
Listing date Jan 9, 2026
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.
HighLights
- Oceanfront water views from the porch.
- Flexible zoning allows for residential and limited commercial uses (multifamily, offices, retail, live/work).
- Two units: a 3‑bedroom, 2.5‑bathroom front house and a 2‑bedroom, 1‑bathroom rear unit.
- Rear unit is currently leased, providing in‑place income.
- Totally remodeled and updated.
- Prime coastal location along the desirable Carancahua corridor.
Overview
The property is located along the Carancahua corridor and offers oceanfront water views from the porch. The listing also notes zoning flexibility that can accommodate residential and limited commercial uses, including multifamily housing, professional offices, small retail or service businesses, and live/work or mixed-use setups.
This layout can work well for an owner-user who wants a remodeled home with a separate income-producing unit, or for an investor evaluating a flexible mixed-use asset. Because the property allows both residential and limited commercial uses, it may appeal to buyers looking for options to operate, lease, or reconfigure depending on their intended concept.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.6k | $22.44 |
| − Vacancy | −$9.2k | −$3.34 |
| EGI | $52.5k | $19.10 |
| − OpEx | −$13.1k | −$4.78 |
| NOI | $39.3k | $14.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.39788
- Latitude
- 27.79484
