Two-Unit Duplex with
For Sale
$682,500
15642 Cruiser Street, Corpus Christi, TX 78418
Residential, Corpus Christi, TX
Property Size3,418 SF
Lot Size0.31 Acres
Price / SF$199.68
Days on Market60
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Property Features for 15642 Cruiser Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Parking features
Garage
Interior features
SplitBedrooms, WindowTreatments, BreakfastBar
Appliances
Dishwasher, GasOven, GasRange, Microwave, RangeHood
Subdivision
Padre Island # 4
Lot features
Interior Lot
Elementary school
Flour Bluff
Middle school
Flour Bluff
High school
Flour Bluff
Elementary school district
Flour Bluff ISD
Middle school district
Flour Bluff ISD
High school district
Flour Bluff ISD
Standard status
Active
APN
612902200190
Size
3,418 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Description
SUBD. REF NO# 6129 SUBDIVISION NAME: PADRE ISLAND #4
Legal Description
SUBD. REF NO# 6129 SUBDIVISION NAME: PADRE ISLAND #4
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
2018
Floors in Building
1
Flooring type
Tile
Building materials
Rock, Stucco
Roof type
Shingle
Listing Agency:
Coldwell Banker Island Escapes
(361) 949-7077
Listed By:
Cindy Molnar · License #0399696
(361) 549-5557
Added: Aug 17
Changed: Sep 21
Last Checked: Oct 15 at 6:06PM
MLS# 481057
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.
Built in 2018, this two-unit duplex contains 3,418 square feet on a 0.3071-acre parcel. Each residence provides a private entrance, three bedrooms, two full bathrooms, a study, and an open living area. Interior features include custom kitchens with white cabinetry, granite countertops, stainless steel appliances, separate laundry rooms, and tile flooring throughout. Each unit also includes a two-car garage.
The property is located at 15642 Cruiser Street in Corpus Christi, Texas. Construction uses rock and stucco, with shingle roofing, central air, and natural-gas heating. Public water and public sewer serve the property. Additional features include breakfast bars, window treatments, dishwashers, gas ovens, gas ranges, microwaves, and range hoods.
The property is located at 15642 Cruiser Street in Corpus Christi, Texas. Construction uses rock and stucco, with shingle roofing, central air, and natural-gas heating. Public water and public sewer serve the property. Additional features include breakfast bars, window treatments, dishwashers, gas ovens, gas ranges, microwaves, and range hoods.
Key Highlights
- Two‑unit duplex with 3,418 square feet
- Each unit includes 3 bedrooms and 2 full baths
- Two‑car garage provided for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,329
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,580
$606.6K
Cap Rate 7%
$433,271
$433.3K
Cap Rate 9%
$336,989
$337.0K
Market Conditions
NOI Build-Up for 3,418 SF
Gross rent
$49.2K $14.40/SF
− Vacancy
−$5.9K −$1.72/SF
EGI
$43.3K $12.68/SF
− OpEx
−$13.0K −$3.80/SF
NOI
$30.3K $8.87/SF
Area
ZIP 78418
Vacancy
11.97%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,580
Cap Rate 7%
$433,271
Cap Rate 9%
$336,989
Alternative Uses
Best Use
Multifamily LT 5
$433.3K
$379.1K – $505.5K
NOI $30,329 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$383.1K
$335.2K – $446.9K
NOI $26,814 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M
NOI $91,463 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
157
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers private access, a study, open living space, and a custom kitchen.
Where is this duplex located?
The property is located at 15642 Cruiser Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $682,500.
What are key features of this property?
This property features: Two‑unit duplex with 3,418 square feet; Each unit includes 3 bedrooms and 2 full baths; Two‑car garage provided for each residence
