7-Unit Apartment
For Sale
$950,000
6513 Long Meadow Drive, Corpus Christi, TX 78413
Residential, Corpus Christi, TX
Property Size6,796 SF
Lot Size0.52 Acres
Price / SF$139.79
Days on Market266
Property Features for 6513 Long Meadow Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Off Street
Interior features
CableTv
Appliances
ElectricOven, ElectricRange
Subdivision
Country Club Estates #18
Lot features
Interior Lot
Elementary school
Club Estates
Middle school
Grant
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
186200020020
Size
6,796 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Description
COUNTRY CLUB EST 18 LTS 2 & 3 BK 2
Tax Annual Amount
11618
Legal Description
COUNTRY CLUB EST 18 LTS 2 & 3 BK 2
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1977
Floors in Building
2
Number of units
3
Flooring type
Laminate, Tile
Roof type
Shingle
Listing Agency:
Corpus Christi Realty Group
(361) 992-8400
Listed By:
Alma Martin · License #0496287
(361) 728-4231
Added: Jan 23
Changed: Sep 21
Last Checked: Oct 16 at 7:06AM
MLS# 470106
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 7-unit multifamily property contains 6,796 square feet on a 0.52-acre site. The unit mix includes one-bedroom and two-bedroom apartments, with all units occupied by long-term tenants. Built in 1977, the property includes tile and laminate flooring, central air conditioning, electric heating, electric ranges and ovens, and off-street parking.
The property is located in Corpus Christi, Texas, with access to major roadways, employment centers, shopping, and dining. Public water and sewer serve the site, and the building has a shingle roof. Its existing apartment configuration and occupied units provide a clearly defined multifamily asset for review.
The property is located in Corpus Christi, Texas, with access to major roadways, employment centers, shopping, and dining. Public water and sewer serve the site, and the building has a shingle roof. Its existing apartment configuration and occupied units provide a clearly defined multifamily asset for review.
Key Highlights
- 7‑unit multifamily property with one‑bedroom and two‑bedroom units
- 6,796 square feet on a 0.52‑acre site
- Fully occupied with long‑term tenants in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,275
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,105,500
$1.1M
Cap Rate 7%
$789,643
$789.6K
Cap Rate 9%
$614,167
$614.2K
Market Conditions
NOI Build-Up for 6,796 SF
Gross rent
$115.0K $16.92/SF
− Vacancy
−$14.5K −$2.13/SF
EGI
$100.5K $14.79/SF
− OpEx
−$45.2K −$6.65/SF
NOI
$55.3K $8.13/SF
Area
ZIP 78413
Vacancy
12.60%
Lease Rate
$16.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,105,500
Cap Rate 7%
$789,643
Cap Rate 9%
$614,167
Alternative Uses
Best Use
Apartment 5plus
$789.6K
$690.9K – $921.3K
NOI $55,275 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,545 @ 7.0% cap · market cap 19.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
Explore this area
Business Placement
Demographics for 78413, TX
37,531
Population
15,501
Households
2.4
Avg Household Size
37
Median Age
31%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,751
Density / Sq Mi
$71,624
Median Household Income
$44,342
Median Earnings
$1,321
Median Rent
$230,900
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?
Apartment building - Fully occupied apartment property with one- and two-bedroom units and long-term tenants in place.
Where is this apartment building located?
The property is located at 6513 Long Meadow Drive Corpus Christi, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 7‑unit multifamily property with one‑bedroom and two‑bedroom units; 6,796 square feet on a 0.52‑acre site; Fully occupied with long‑term tenants in place
