3-Unit Brick
For Sale
$325,000
6205 Wilderock Dr, Corpus Christi, TX 78414
Brick construction supports a mixed unit layout with two- and one-bedroom residences.
Property Size3,830 SF
Price / SF$85.53
Days on Market179
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Property Features for 6205 Wilderock Dr
General Information
Standard status
Active
Size
3,830 SF
Property subtype
Triplex
Units
Unit Mix
2 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
HOA Fee
$453.33
Taxes and HOA fees
Annual Taxes
$6,019
Building Details
Building Size
3,830 SF
Year Built
1983
Buildings
1
Construction
brick
Listing Agency:
Mirabal Montalvo & Associates
Listed By:
Chris Montalvo · License #0528565
(361) 765-1725
Source:
National-onerealty
Added: Apr 20
Changed: Oct 4
Last Checked: Oct 15 at 8:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mirabal Montalvo & Associates
Investment Insights
Based on property information with market context.
Built in 1983, this triplex contains 3,830 square feet across three residential units with a brick exterior. The unit mix includes two two-bedroom, two-bath residences and one one-bedroom, one-bath residence, providing varied floor plans within the same property.
The property is located at 6205 Wilderock Dr in Corpus Christi’s Southside. HOA services include basic cable, lawn care, roof maintenance, and exterior building maintenance. These services are handled through the association and apply to the property’s shared exterior and site responsibilities.
The property is located at 6205 Wilderock Dr in Corpus Christi’s Southside. HOA services include basic cable, lawn care, roof maintenance, and exterior building maintenance. These services are handled through the association and apply to the property’s shared exterior and site responsibilities.
Key Highlights
- 3,830‑square‑foot triplex built in 1983
- Three‑unit configuration with two 2‑bedroom, 2‑bath units and one 1‑bedroom, 1‑bath unit
- Brick exterior construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,041
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,820
$460.8K
Cap Rate 7%
$329,157
$329.2K
Cap Rate 9%
$256,011
$256.0K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$37.4K $9.84/SF
− Vacancy
−$4.5K −$1.18/SF
EGI
$32.9K $8.66/SF
− OpEx
−$9.9K −$2.60/SF
NOI
$23.0K $6.06/SF
Area
ZIP 78414
Vacancy
11.97%
Lease Rate
$9.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,820
Cap Rate 7%
$329,157
Cap Rate 9%
$256,011
Alternative Uses
Best Use
Multifamily LT 5
$329.2K
$288.0K – $384.0K
NOI $23,041 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$291.2K
$254.8K – $339.8K
NOI $20,386 @ 7.0% cap · market cap 6.27%
Theoretical Best
Specialty Retail
$1.03M
$902.9K – $1.20M
NOI $72,230 @ 7.0% cap · market cap 22.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Explore this area
Business Placement
Demographics for 78414, TX
46,972
Population
20,121
Households
2.3
Avg Household Size
35
Median Age
39%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
3,308
Density / Sq Mi
$96,788
Median Household Income
$56,626
Median Earnings
$1,549
Median Rent
$271,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Brick construction supports a mixed unit layout with two- and one-bedroom residences.
Where is this triplex located?
The property is located at 6205 Wilderock Dr Corpus Christi, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 3,830‑square‑foot triplex built in 1983; Three‑unit configuration with two 2‑bedroom, 2‑bath units and one 1‑bedroom, 1‑bath unit; Brick exterior construction
