Four-Unit Quadplex with Updated
New
For Sale
$450,000
5410 Burton, Corpus Christi, TX 78411
Residential, Corpus Christi, TX
Property Size2,546 SF
Lot Size0.18 Acres
Price / SF$176.75
Days on Market6
Property Features for 5410 Burton
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Interior features
OpenFloorplan
Appliances
FreeStandingRange
Subdivision
Gardendale #2
Lot features
Interior Lot
Elementary school
Yeager
Middle school
Browne
High school
Carroll
Elementary school district
Corpus Christi ISD
Middle school district
Corpus Christi ISD
High school district
Corpus Christi ISD
Standard status
Active
APN
270900050015
Size
2,546 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Description
GARDENDALE #2 BLK 5 LOT 1-B
Tax Annual Amount
6050
Legal Description
GARDENDALE #2 BLK 5 LOT 1-B
Utilities
Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Ductless
Water source
Public
Building Details
Year built
1955
Floors in Building
2
Number of units
1
Flooring type
Vinyl
Roof type
Shingle
Listing Agency:
Gulf Coast Realty Services
(361) 201-9060
Listed By:
Sam Blanton · License #0583058
(817) 798-5223
Added: Aug 26
Last Checked: Aug 31 at 9:06PM
MLS# 481510
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 quadplex contains four residential units totaling 2,546 square feet on a 0.18-acre lot. Built in 1955, the property features vinyl flooring, ductless heating and cooling, ceiling fans, and mini-split systems in the bedrooms. Each unit includes a living room connected to the kitchen and bedroom areas, while the two-bedroom layouts provide a primary bedroom with a private bathroom and two closets. Updated kitchens include cabinetry, granite countertops, double-basin sinks, and space for casual dining.
The property is within walking distance of Moor Plaza, providing access to grocery shopping, restaurants, and additional retail services. Public water and public sewer serve the property, and the roof is shingle.
The property is within walking distance of Moor Plaza, providing access to grocery shopping, restaurants, and additional retail services. Public water and public sewer serve the property, and the roof is shingle.
Key Highlights
- Four‑unit quadplex with 2,546 square feet of total property size
- Situated on a 0.18‑acre lot in Corpus Christi
- Updated kitchens with cabinetry, granite countertops, and double‑basin sinks
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,980
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$519,600
$519.6K
Cap Rate 7%
$371,143
$371.1K
Cap Rate 9%
$288,667
$288.7K
Market Conditions
NOI Build-Up for 2,546 SF
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.
Gross rent
$42.2K $16.56/SF
− Vacancy
−$5.0K −$1.98/SF
EGI
$37.1K $14.58/SF
− OpEx
−$11.1K −$4.37/SF
NOI
$26.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$519,600
Cap Rate 7%
$371,143
Cap Rate 9%
$288,667
Alternative Uses
Best Use
Multifamily LT 5
$371.1K
$324.8K – $433.0K
NOI $25,980 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$339.9K
$297.4K – $396.5K
NOI $23,792 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$605.8K
$530.1K – $706.8K
NOI $42,406 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,937
Businesses Nearby
Explore this area
Business Placement
Demographics for 78411, TX
26,150
Population
10,497
Households
2.5
Avg Household Size
40
Median Age
25%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,287
Density / Sq Mi
$60,387
Median Household Income
$31,756
Median Earnings
$1,199
Median Rent
$178,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing residential property with refreshed finishes, practical unit layouts, and proximity to grocery, retail, and dining.
Where is this quadplex located?
The property is located at 5410 Burton Corpus Christi, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit quadplex with 2,546 square feet of total property size; Situated on a 0.18‑acre lot in Corpus Christi; Updated kitchens with cabinetry, granite countertops, and double‑basin sinks
