Two-Unit Duplex with Four-Car
For Sale
$340,000
1008 Egyptian Drive, Corpus Christi, TX 78412
Residential, Corpus Christi, TX
Property Size2,699 SF
Lot Size0.30 Acres
Price / SF$125.97
Days on Market273
Property Features for 1008 Egyptian Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Carport
Fireplace
1
Subdivision
Meadowlark Park
Elementary school
CullenPlace
Middle school
Haas
High school
King
Elementary school district
Corpus Christi ISD
Middle school district
Corpus Christi ISD
High school district
Corpus Christi ISD
Standard status
Active
APN
503500090080
Size
2,699 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Description
EGYPTIAN PLACE BLK 9 LOT 8
Tax Annual Amount
6473
Legal Description
EGYPTIAN PLACE BLK 9 LOT 8
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Amenities
fireplace
backyard areas
wooden fence
storage closets
Building Details
Year built
1970
Floors in Building
1
Flooring type
Carpet, Tile
Roof type
Shingle
Listing Agency:
RE/MAX Professionals
(361) 985-9393
Listed By:
Erkan Ozbent · License #0670701
(361) 444-4020
Added: Jan 7
Changed: Sep 21
Last Checked: Oct 7 at 5:06PM
MLS# 469571
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 2,699-square-foot duplex was built in 1970 and contains two distinct residences. Unit A spans two levels with 3 bedrooms and 2 baths, featuring crown molding, hardwood in the living area, and carpet upstairs. Its lease runs through September 30, 2026. Unit B is a single-level 2-bedroom, 2-bath residence with a fireplace and is occupied by the owner. The property has central air, electric heating, tile and carpet flooring, a shingle roof installed in 2018, and public water and sewer.
Set on 0.3034 acres in Corpus Christi, the property includes two separate backyard areas, a rebuilt detached carport with capacity for 4 vehicles, secure storage closets, and a wooden fence along the left side. It is located 2 miles from Texas A&M, 2.1 miles from La Palmera mall, and 4.7 miles from N.A.S.
Set on 0.3034 acres in Corpus Christi, the property includes two separate backyard areas, a rebuilt detached carport with capacity for 4 vehicles, secure storage closets, and a wooden fence along the left side. It is located 2 miles from Texas A&M, 2.1 miles from La Palmera mall, and 4.7 miles from N.A.S.
Key Highlights
- 2,699‑square‑foot duplex on a 0.3034‑acre lot
- Unit A offers 3 bedrooms and 2 baths across two stories
- Unit B provides 2 bedrooms and 2 baths in a one‑story layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,947
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,940
$498.9K
Cap Rate 7%
$356,386
$356.4K
Cap Rate 9%
$277,189
$277.2K
Market Conditions
NOI Build-Up for 2,699 SF
Gross rent
$40.5K $15.00/SF
− Vacancy
−$4.8K −$1.80/SF
EGI
$35.6K $13.20/SF
− OpEx
−$10.7K −$3.96/SF
NOI
$24.9K $9.24/SF
Area
ZIP 78412
Vacancy
11.97%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,940
Cap Rate 7%
$356,386
Cap Rate 9%
$277,189
Alternative Uses
Best Use
Multifamily LT 5
$356.4K
$311.8K – $415.8K
NOI $24,947 @ 7.0% cap · market cap 7.34%
Second Best
Apartment 5plus
$315.8K
$276.4K – $368.5K
NOI $22,108 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$660.7K
$578.1K – $770.8K
NOI $46,250 @ 7.0% cap · market cap 13.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
Explore this area
Business Placement
Demographics for 78412, TX
38,783
Population
16,874
Households
2.3
Avg Household Size
33
Median Age
31%
College-Educated
91%
High-School Grad
8.6 sq mi
ZIP Area
4,510
Density / Sq Mi
$60,509
Median Household Income
$32,154
Median Earnings
$1,242
Median Rent
$188,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate living arrangements, private yard areas, and secure rear storage support flexible residential use.
Where is this duplex located?
The property is located at 1008 Egyptian Drive Corpus Christi, TX.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 2,699‑square‑foot duplex on a 0.3034‑acre lot; Unit A offers 3 bedrooms and 2 baths across two stories; Unit B provides 2 bedrooms and 2 baths in a one‑story layout
