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Remodeled Mixed-Use Property with Views

535 S Carancahua Street, Corpus Christi, TX 78401

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For Sale

$595,000

SINGLE_FAMILY - Corpus Christi, TX

Type:Office

Property size:

2,746 SF

Lot size:

0.27 Acres

Price / SF:

$216/SF

HighLights

Oceanfront water views from the porch.
Flexible zoning allows for residential and limited commercial uses (multifamily, offices, retail, live/work).
Two units: a 3‑bedroom, 2.5‑bathroom front house and a 2‑bedroom, 1‑bathroom rear unit.
Rear unit is currently leased, providing in‑place income.
Totally remodeled and updated.
Prime coastal location along the desirable Carancahua corridor.

We can help!

Listing Contact

James Magill

For Sale

$595,000

SINGLE_FAMILY - Corpus Christi, TX

Type:Office

Property size:

2,746 SF

Lot size:

0.27 Acres

Price / SF:

$216/SF

Added:: Jan 9, 2026
Days on Market:: 158
Last Refresh:: Jun 16 at 8:06 pm

Property Features for 535 S Carancahua Street

General Information

Property type: Residential
Property subtype: Office
Standard status: Active
APN: 713500040010
Size: 2,746 SF
Lot size: 0.27 Acres

Taxes and HOA fees

Tax Description: RAYNE TR E/2 OF BK 4 ORR TR A BK 4

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas, Central
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1924
Floors in Building: 2

We can help!

Listing Contact

James Magill

Listing agent James Magill License #0675040

Listing office DH Realty Partners Inc 500 N Shoreline Boulevard, Corpus Christi, TX

Listing date Jan 9, 2026

MLS# 469729

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.

HighLights

Oceanfront water views from the porch.
Flexible zoning allows for residential and limited commercial uses (multifamily, offices, retail, live/work).
Two units: a 3‑bedroom, 2.5‑bathroom front house and a 2‑bedroom, 1‑bathroom rear unit.
Rear unit is currently leased, providing in‑place income.
Totally remodeled and updated.
Prime coastal location along the desirable Carancahua corridor.

Overview

Located along the Carancahua corridor, 535 S Carancahua St is a remodeled and updated mixed-use residential property offering oceanfront water views from the porch and exceptional zoning flexibility. The property allows both residential and limited commercial uses, including multifamily housing, professional offices (such as law, medical, or insurance), small retail or service businesses, and live/work or mixed-use configurations. The property totals 2,746 square feet, consisting of a 1,930 square feet front house and an 816 square feet rear unit. The front residence features 3 bedrooms and 2.5 bathrooms, while the rear home offers 2 bedrooms and 1 bathroom and is currently leased, providing in-place income. Situated on a 0.27-acre lot, this versatile asset is well-suited for an owner-user, investor, or redevelopment strategy seeking water views, income potential, and flexible use options in a prime coastal location.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$61.6k	$22.44
− Vacancy	−$9.2k	−$3.34
EGI	$52.5k	$19.10
− OpEx	−$13.1k	−$4.78
NOI	$39.3k	$14.33

2,746 SF · lease $22.44/SF/yr · vacancy 14.87% · expense 25.00%

Alternative Uses

Best Use

Office B

$562.0K

$491.8K – $655.7K (±1% cap)

NOI $39,343 @ 7.0% cap · market cap 6.61%

Second Best

Mixed Use

$397.2K

$347.5K – $463.4K (±1% cap)

NOI $27,803 @ 7.0% cap · market cap 4.67%

Theoretical Best

Office A

$653.4K

$571.7K – $762.3K (±1% cap)

NOI $45,737 @ 7.0% cap · market cap 7.69%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Location Insight

Map
Local Demand

City: Corpus Christi
County: Nueces
State: Texas
Longitude: -97.39788
Latitude: 27.79484

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For sale
Mixed-use properties
TX
Corpus Christi
78401
535 S Carancahua Street

What type of property is this?

Mixed-use property - Updated mixed-use property with water views and income potential.

Where is this mixed-use property located?

The property is located at 535 S Carancahua Street Corpus Christi, TX.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: Oceanfront water views from the porch.; Flexible zoning allows for residential and limited commercial uses (multifamily, offices, retail, live/work).; Two units: a 3‑bedroom, 2.5‑bathroom front house and a 2‑bedroom, 1‑bathroom rear unit.

535 S Carancahua Street, Corpus Christi, TX 78401

SINGLE_FAMILY - Corpus Christi, TX

Property Features for 535 S Carancahua Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Flex Warehouse with Office Buildings

High-Visibility Corner Commercial Building

Versatile Income-Producing Commercial Property

Waterfront Restaurant Opportunity

Motel Property with 27 Rooms

High-Visibility Commercial Property on Staples

Operating Restaurant on SPID Frontage

Renovated Commercial Building, Corpus Christi

Prime Commercial Building on Everhart

Padre Island Retail Opportunity

Versatile Industrial Property on NAS Drive

Multi-Building Commercial Property on 0.95 Acres

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