15318 Cruiser Street Corpus Christi, TX 78418
MULTI_FAMILY - Corpus Christi, TX
- Added:
- Apr 6, 2026
- Days on Market:
- 100
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 15318 Cruiser Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking
- 3
- Parking features
- Garage
- Patio and Porch features
- Deck, Patio
- Interior features
- CathedralCeilings, PrimaryDownstairs, OpenFloorplan, CableTv, WindowTreatments, BreakfastBar, CeilingFans
- Exterior features
- Deck
- Appliances
- RangeHood
- Standard status
- Pending
- APN
- 612902150050
- Size
- 2,801 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- PADRE ISLAND #4 BLK 215 LOT 5
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1998
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Carpet
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Kimberly Zill License #0769283 (361) 558-5577
Listing office Coldwell Banker Pacesetter Steel 5034 Holly Road, Corpus Christi, TX (361) 992-9231
Listing date Apr 6, 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.
Investment Insights
Based on property information with market context.
Located at 15318 Cruiser Street in Corpus Christi, the home is positioned just minutes from the beach and within a North Padre Island area that’s described as having strong rental demand in nearby beach and canal communities. This context may appeal to operators seeking consistent occupancy from guests or long-term residents who prefer a coastal lifestyle. The property sits on a 0.22-acre lot with a total size of 2,801 square feet.
From a leasing or ownership standpoint, the unit mix and layout flexibility make this duplex well-suited for long-term rentals, short-term vacation income, or an owner-occupant strategy where one unit can help offset expenses. For buyers expanding a portfolio, the combination of a two-unit structure, recent roof replacement, and a coastal demand narrative supports a straightforward path to generating cash flow.
Key Highlights
- Coastal duplex at 15318 Cruiser St, Corpus Christi (North Padre Island), built in 1998
- Each unit (A & B) features 3 bedrooms and 2 full bathrooms with a mirror‑image layout
- Open‑concept living, dining, and kitchen areas in both units
Local 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 | $40.3k | $14.40 |
| − Vacancy | −$4.8k | −$1.72 |
| EGI | $35.5k | $12.68 |
| − OpEx | −$10.7k | −$3.80 |
| NOI | $24.9k | $8.87 |
