Four-Unit Townhome
New
For Sale
$1,260,000
13981 Ports O Call Dr, Corpus Christi, TX 78418
Each residence offers two-story living, an attached garage, and a private enclosed backyard.
Property Size5,636 SF
Days on Market4
Property Features for 13981 Ports O Call Dr
General Information
Standard status
Active
Size
5,636 SF
Total Parking Spaces
4
Property subtype
Quadruplex
Units
Unit Mix
4 x 3BR/2.5BA
Multifamily Units
4
Building Details
Building Size
5,636 SF
Year Built
2025
Stories
2
Listing Agency:
Keller Williams Coastal Bend
(361) 816-4527
Listed By:
Elizabeth Parsley · License #0707070
(361) 816-4527
Source:
National-onerealty
Added: Aug 1
Changed: Aug 4
Last Checked: Aug 4 at 4:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Coastal Bend
Investment Insights
Based on property information with market context.
This multifamily property comprises four two-story townhomes, with each residence offering three bedrooms, two and one-half bathrooms, an attached garage, and a private enclosed backyard. The property was built as a quadplex and is identified as multifamily-zoned, supporting a range of residential ownership and leasing strategies described in the listing information.
Located on North Padre Island near the canals, the property is also described as being near waterfront dining and Gulf beaches. The address is 13981 Ports O Call Dr in Corpus Christi, Texas. Its four-home configuration provides a consistent layout across the property while maintaining separate residential spaces, garages, and outdoor areas for each unit.
Located on North Padre Island near the canals, the property is also described as being near waterfront dining and Gulf beaches. The address is 13981 Ports O Call Dr in Corpus Christi, Texas. Its four-home configuration provides a consistent layout across the property while maintaining separate residential spaces, garages, and outdoor areas for each unit.
Key Highlights
- Four‑unit multifamily property with four separate townhome residences
- Each townhome includes 3 bedrooms and 2.5 bathrooms
- Two‑story layouts throughout all four residences
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 | $81.2k | $14.40 |
| − Vacancy | −$9.7k | −$1.72 |
| EGI | $71.4k | $12.68 |
| − OpEx | −$21.4k | −$3.80 |
| NOI | $50.0k | $8.87 |
5,636 SF · lease $14.40/SF/yr · vacancy 11.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$714.4K
$625.1K – $833.5K
NOI $50,011 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$631.6K
$552.7K – $736.9K
NOI $44,215 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$2.15M
$1.89M – $2.51M
NOI $150,815 @ 7.0% cap · market cap 11.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Explore this area
Business Placement
Demographics for 78418, TX
31,787
Population
16,171
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
91%
High-School Grad
73.3 sq mi
ZIP Area
434
Density / Sq Mi
$91,443
Median Household Income
$51,914
Median Earnings
$1,301
Median Rent
$274,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence offers two-story living, an attached garage, and a private enclosed backyard.
Where is this quadplex located?
The property is located at 13981 Ports O Call Dr Corpus Christi, TX.
What is the asking price?
The asking price for this property is $1,260,000.
What are key features of this property?
This property features: Four‑unit multifamily property with four separate townhome residences; Each townhome includes 3 bedrooms and 2.5 bathrooms; Two‑story layouts throughout all four residences
