2601 Johanna Street Corpus Christi, TX 78415
MULTI_FAMILY - Corpus Christi, TX
Property Features for 2601 Johanna Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 5, Bathroom 2, Bedroom 4
- Interior features
- OpenFloorplan
- Appliances
- FreeStandingRange, Refrigerator, RangeHood
- Standard status
- Active
- APN
- 437500020150
- Size
- 1,874 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- LEXINGTON BLK 2 LOT 15
- Tax Annual Amount
- 5028
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Zoned, Electric (Heating)
- Cooling system
- Zoned, Central Air
- Water source
- Public
Building Details
- Year built
- 1952
- Floors in Building
- 1
- Flooring type
- Laminate
- Roof type
- Shingle
Listing agent Ashley Babbitt License #0722251 (361) 800-5172
Listing office KM Premier Real Estate 7002 S Staples St. Suite 104, Corpus Christi, TX (361) 991-5263
Listing date Apr 16, 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 in Corpus Christi, TX, the property is near SPID and within walking distance to local businesses. Shopping, schools, restaurants, and other everyday conveniences are described as just minutes away, supporting day-to-day tenant access.
For investors or owner-operators seeking a turnkey rental asset, the current leased status provides immediate occupancy. The combination of separated metering and a backyard configured with existing utility connections may appeal to buyers looking to maintain a manageable operating setup while evaluating the feasibility of adding an additional unit in the future.
Key Highlights
- Fully occupied triplex with three 2‑bedroom, 1‑bath units that are currently leased
- Separate metering for each unit
- Oversized backyard includes an existing tap and meter for potential fourth unit
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 | $28.1k | $15.00 |
| − Vacancy | −$3.4k | −$1.80 |
| EGI | $24.7k | $13.20 |
| − OpEx | −$7.4k | −$3.96 |
| NOI | $17.3k | $9.24 |
