Renovated
2833 Lawnview Street, Corpus Christi, TX 78404
For Sale
$249,500
Residential, Corpus Christi, TX
Property Size1,628 SF
Lot Size0.16 Acres
Price / SF$153.26
Days on Market96
Property Features for 2833 Lawnview Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
split-unit A/C systems
Building Details
Year built
Floors in Building
Flooring type
Roof type
Listing Agency:
LPT Realty, LLC
(877) 366-2213
Listed By:
Mylin Anandula · License TX #0716879
(832) 540-1006
Added: Aug 7
Changed: Nov 6
Last Checked: Nov 10 at 8:06PM
MLS# 480432
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.
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Investment Insights
Based on property information with market context.
This 1,628-square-foot duplex contains two residential units, each configured with 2 bedrooms and 1 bathroom. Both units are fully leased and include split-unit heating and cooling, vinyl flooring, ceiling fans, breakfast bars, and updated interior finishes. Renovation work included plumbing, electrical, interior and exterior paint, and installation of a metal roof. The property was built in 1940 and is served by public water and public sewer.
The 0.1588-acre site is located near Driscoll Children's Hospital, downtown Corpus Christi, the shoreline, shopping, and dining. On-street parking is available. The property is zoned for a quadruplex, and the site includes room at the rear for additional construction, subject to applicable approvals.
The 0.1588-acre site is located near Driscoll Children's Hospital, downtown Corpus Christi, the shoreline, shopping, and dining. On-street parking is available. The property is zoned for a quadruplex, and the site includes room at the rear for additional construction, subject to applicable approvals.
Key Highlights
- 1,628 square feet with two 2‑bedroom, 1‑bath units
- Both units are fully leased
- 0.1588‑acre site zoned for a quadruplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,613
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,260
$332.3K
Cap Rate 7%
$237,329
$237.3K
Cap Rate 9%
$184,589
$184.6K
Market Conditions
NOI Build-Up for 1,628 SF
Gross rent
$27.0K $16.56/SF
− Vacancy
−$3.2K −$1.98/SF
EGI
$23.7K $14.58/SF
− OpEx
−$7.1K −$4.37/SF
NOI
$16.6K $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%
$332,260
Cap Rate 7%
$237,329
Cap Rate 9%
$184,589
Alternative Uses
Best Use
Multifamily LT 5
$237.3K
$207.7K – $276.9K
NOI $16,613 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$217.3K
$190.2K – $253.6K
NOI $15,213 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$387.4K
$339.0K – $451.9K
NOI $27,116 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
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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
$180,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Corpus Christi, TX
Properties on Market for Duplexes in Corpus Christi
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Fully leased two-unit property with updated systems, separate living spaces, and zoning that permits a quadruplex.
Where is this duplex located?
The property is located at 2833 Lawnview Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: 1,628 square feet with two 2‑bedroom, 1‑bath units; Both units are fully leased; 0.1588‑acre site zoned for a quadruplex
