642 Robinson Street Corpus Christi, TX 78404
MULTI_FAMILY - Corpus Christi, TX
Property Features for 642 Robinson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 8, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 7, Bathroom 2
- Parking
- 6
- Parking features
- On Street, Off Street
- Patio and Porch features
- Patio
- Interior features
- OpenFloorplan, WindowTreatments
- Appliances
- ElectricCooktop, ElectricOven, ElectricRange, GasCooktop, GasOven, GasRange, Refrigerator, Dryer, Washer
- Standard status
- Active
- APN
- 447500380100
- Size
- 3,072 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- LINDALE PARK 4 W20' LT 10 ALL LT 11 BLK 38
- Tax Annual Amount
- 3707
Utilities
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating), Natural Gas
- Cooling system
- Gas (Cooling), Ductless, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1948
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- Brick, Frame, HardiplankType, ShingleSiding, WoodSiding
- Roof type
- Shingle
Listing agent Brenton Reagan License #0669077 (512) 736-2695
Listing office Cass Real Estate 401 US Hwy 181, Portland, TX (361) 643-2662
Listing date Jan 26, 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.
Key Highlights
- Renovated 4‑plex built in 1948 with updates including foundation work, new subfloors, and mini‑split air systems for all units
- 100% occupied split into 1 unfurnished long‑term unit and 3 fully furnished all‑bills‑paid units for mid‑term leases (1–6 months)
- All four units are 2BR/1BA (2/1) arranged as 2 units downstairs and 2 units upstairs with an indoor central stairway
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 | $50.9k | $16.56 |
| − Vacancy | −$6.1k | −$1.98 |
| EGI | $44.8k | $14.58 |
| − OpEx | −$13.4k | −$4.37 |
| NOI | $31.3k | $10.20 |
