Renovated 4-Unit
New
For Sale
$419,000
715 Quetzal Street, Corpus Christi, TX 78418
Residential, Corpus Christi, TX
Property Size3,636 SF
Lot Size0.19 Acres
Price / SF$115.24
Days on Market2
Property Features for 715 Quetzal Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Security features
Security
Patio and Porch features
Patio
Interior features
OpenFloorplan, SplitBedrooms, CableTv, CeilingFans
Appliances
ElectricCooktop, ElectricOven, ElectricRange, FreeStandingRange, Refrigerator, RangeHood
Subdivision
Turtle Cove #3
Lot features
Cul De Sac
Elementary school
Flour Bluff
Middle school
Flour Bluff
High school
Flour Bluff
Elementary school district
Flour Bluff ISD
Middle school district
Flour Bluff ISD
High school district
Flour Bluff ISD
Standard status
Active
APN
892900090020
Size
3,636 SF
Lot size
0.19 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
TURTLE COVE #3 BLK 9 LOT 2
Tax Annual Amount
7100
Legal Description
TURTLE COVE #3 BLK 9 LOT 2
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Amenities
ceiling fans
individual washer/dryer closets
front yard
Building Details
Year built
1983
Floors in Building
2
Number of units
4
Flooring type
Tile
Building materials
Concrete, ShingleSiding, Stucco
Roof type
Shingle
Buildings
1
Listing Agency:
Ultima Real Estate
(972) 980-9393
Listed By:
Marita Tien · License #0601242
(361) 946-1237
Added: Nov 2
Last Checked: Nov 3 at 2:06AM
MLS# 484722
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 four-unit property contains 3,636 square feet on a 0.1945-acre lot and was built in 1983. Each residence has updated walls, baseboards, kitchen cabinets, countertops, bathrooms, lighting, and ceiling fans. Tile flooring runs throughout, with closets in the units and individual laundry closets. The building also has central heating and air conditioning, a shingle roof, and a patio. The roof was replaced in June 2026, and the exterior was painted in November 2026.
The property is in Corpus Christi, with parks, restaurants, banks, stores, CCAD, and A&M University identified nearby. Public water and sewer serve the property.
The property is in Corpus Christi, with parks, restaurants, banks, stores, CCAD, and A&M University identified nearby. Public water and sewer serve the property.
Key Highlights
- Four‑unit property with 3,636 square feet of building area
- 0.1945‑acre lot in Corpus Christi
- Each residence has updated walls, kitchens, bathrooms, lighting, and ceiling fans
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,264
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,280
$645.3K
Cap Rate 7%
$460,914
$460.9K
Cap Rate 9%
$358,489
$358.5K
Market Conditions
NOI Build-Up for 3,636 SF
Gross rent
$52.4K $14.40/SF
− Vacancy
−$6.3K −$1.72/SF
EGI
$46.1K $12.68/SF
− OpEx
−$13.8K −$3.80/SF
NOI
$32.3K $8.87/SF
Area
ZIP 78418
Vacancy
11.97%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,280
Cap Rate 7%
$460,914
Cap Rate 9%
$358,489
Alternative Uses
Best Use
Multifamily LT 5
$460.9K
$403.3K – $537.7K
NOI $32,264 @ 7.0% cap · market cap 7.70%
Second Best
Apartment 5plus
$407.5K
$356.6K – $475.4K
NOI $28,525 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,297 @ 7.0% cap · market cap 23.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
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Business Placement
Demographics for 78418, TX
31,787
Population
16,171
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
91%
High-School Grad
73.3 sq mi
ZIP Area
434
Density / Sq Mi
$91,443
Median Household Income
$51,914
Median Earnings
$1,301
Median Rent
$274,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences feature updated interiors, tile floors, and individual laundry closets.
Where is this quadplex located?
The property is located at 715 Quetzal Street Corpus Christi, TX.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Four‑unit property with 3,636 square feet of building area; 0.1945‑acre lot in Corpus Christi; Each residence has updated walls, kitchens, bathrooms, lighting, and ceiling fans
