Corpus Christi Triplex Investment
6205 Wilderock Drive Corpus Christi, TX 78414
For Sale
$325,000
MULTI_FAMILY - Corpus Christi, TX
Property Size3,830 SF
Lot Size0.20 Acres
Price / SF$84.86
Days on Market95
Property Features for 6205 Wilderock Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 5, Bathroom 2, Bathroom 3
- Parking features
- Assigned
- Fireplace
- 1
- Appliances
- ElectricOven, ElectricRange
- Standard status
- Active
- APN
- 990100010060
- Size
- 3,830 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Description
- WOOLDRIDGE CREEK #7 BLK 1 LOT 6
- Tax Annual Amount
- 6019
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1983
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency:
Mirabal Montalvo & Associates
(361) 994-1140
Listed By:
Chris Montalvo · License #0528565
(361) 765-1725
Added: Apr 20
Changed: Jul 17
Last Checked: Jul 23 at 12:06PM
MLS# 475136
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 well-maintained triplex, located on the Southside of Corpus Christi, presents a strong investment opportunity with potential for income growth. The property features a brick exterior and a total of over 3,800 square feet of living space across all units. The unit mix includes two units with 2 bedrooms and 2 bathrooms each, and one unit with 1 bedroom and 1 bathroom, offering rental flexibility. The annual HOA fee is $5,440, covering basic cable, lawn care, roof maintenance, and exterior building maintenance, which helps reduce owner expenses and simplify property management. This property is suited for expanding an investment portfolio or securing a steady income-producing asset in a high-demand area. The lot size is 0.2 acres.
Key Highlights
- Triplex built in 1983 with brick exterior and shingle roof
- Over 3,800 SF total with two 2BR/2BA units and one 1BR/1BA unit
- Central air cooling plus fireplace (fireplace present)
Financial Insights For Multifamily LT 5
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 | $37.7k | $9.84 |
| − Vacancy | −$4.5k | −$1.18 |
| EGI | $33.2k | $8.66 |
| − OpEx | −$10.0k | −$2.60 |
| NOI | $23.2k | $6.06 |
3,830 SF · lease $9.84/SF/yr · vacancy 11.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$331.8K
$290.3K – $387.1K
NOI $23,223 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$293.5K
$256.8K – $342.4K
NOI $20,546 @ 7.0% cap · market cap 6.32%
Theoretical Best
Specialty Retail
$1.04M
$910.0K – $1.21M
NOI $72,801 @ 7.0% cap · market cap 22.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Well-maintained triplex on Corpus Christi's Southside with income potential.
Where is this triplex located?
The property is located at 6205 Wilderock Drive Corpus Christi, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Triplex built in 1983 with brick exterior and shingle roof; Over 3,800 SF total with two 2BR/2BA units and one 1BR/1BA unit; Central air cooling plus fireplace (fireplace present)
