Duplex with Fenced
For Sale
$195,000
1802 16th Street, Corpus Christi, TX 78404
Residential, Corpus Christi, TX
Property Size1,575 SF
Lot Size0.14 Acres
Price / SF$123.81
Days on Market52
Property Features for 1802 16th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Off Street
Appliances
ElectricOven, ElectricRange
Subdivision
Merchants #6
Lot features
Corner Lot
Elementary school
Menger
Middle school
Hamlin
High school
Ray
Elementary school district
Corpus Christi ISD
Middle school district
Corpus Christi ISD
High school district
Corpus Christi ISD
Standard status
Active
APN
509613050330
Size
1,575 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
MERCHANTS #6 LTS 33 & 34 BK 1305
Tax Annual Amount
4607
Legal Description
MERCHANTS #6 LTS 33 & 34 BK 1305
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
fenced back yards
Building Details
Year built
1980
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Roof type
Shingle
Listing Agency:
ValTex Realty
(361) 765-9711
Listed By:
Joe Monceballez · License #0586828
(361) 960-1779
Added: Aug 17
Changed: Sep 21
Last Checked: Oct 7 at 5:06PM
MLS# 481184
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 1980 duplex contains 1,575 square feet and offers two three-bedroom, one-bath residences. Each unit includes a spacious living area, a separate fenced backyard, and dedicated off-street parking. Vinyl flooring, central air, and electric heating serve the property, with electric ovens and ranges included. The building has a shingle roof and receives public water and public sewer service.
The property sits in Corpus Christi’s 6 Points area at 1802 16th Street, with downtown located nearby. The 0.1435-acre site provides separate outdoor areas for the two units along with individual parking spaces, creating a practical residential income configuration.
The property sits in Corpus Christi’s 6 Points area at 1802 16th Street, with downtown located nearby. The 0.1435-acre site provides separate outdoor areas for the two units along with individual parking spaces, creating a practical residential income configuration.
Key Highlights
- Duplex with 2 three‑bedroom, one‑bath units
- 1,575 square feet on a 0.1435‑acre lot
- Separate fenced backyards for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,072
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,440
$321.4K
Cap Rate 7%
$229,600
$229.6K
Cap Rate 9%
$178,578
$178.6K
Market Conditions
NOI Build-Up for 1,575 SF
Gross rent
$26.1K $16.56/SF
− Vacancy
−$3.1K −$1.98/SF
EGI
$23.0K $14.58/SF
− OpEx
−$6.9K −$4.37/SF
NOI
$16.1K $10.20/SF
Area
Corpus Christi, TX
Vacancy
11.97%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,440
Cap Rate 7%
$229,600
Cap Rate 9%
$178,578
Alternative Uses
Best Use
Multifamily LT 5
$229.6K
$200.9K – $267.9K
NOI $16,072 @ 7.0% cap · market cap 8.24%
Second Best
Apartment 5plus
$210.3K
$184.0K – $245.3K
NOI $14,718 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$374.8K
$327.9K – $437.2K
NOI $26,233 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
Explore this area
Business Placement
Demographics for 78404, TX
15,339
Population
6,884
Households
2.2
Avg Household Size
42
Median Age
23%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
4,793
Density / Sq Mi
$60,264
Median Household Income
$45,864
Median Earnings
$1,172
Median Rent
$180,500
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 - Two well-maintained residences offer three-bedroom layouts, private outdoor areas, and dedicated off-street parking.
Where is this duplex located?
The property is located at 1802 16th Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Duplex with 2 three‑bedroom, one‑bath units; 1,575 square feet on a 0.1435‑acre lot; Separate fenced backyards for each unit
