801 S CARANCAHUA ST CORPUS CHRISTI TX 78401, Corpus Christi, TX 78401
Six loft-style apartments with private patios and interior atrium, plus coin laundry and ample parking.
- Added:
- Jun 15, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 20 at 9:29 am
Property Features for 801 S CARANCAHUA ST CORPUS CHRISTI TX 78401
General Information
- Standard status
- Active
- Size
- 3,040 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1935
Listing agent Gene Guernsey License #TX 533314
Listing office Gene Guernsey & Associates Inc (361) 960-7653
Listing date Jun 15, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Gene Guernsey & Associates Inc
HighLights
- Six loft‑style apartment units arranged around an interior atrium, each with 1 bathroom
- Units 3 and 4 were renovated in 2025
- Private patios: each unit includes its own outdoor private patio space
- On‑site coin‑operated washer and dryer for tenant use
- Parking available on‑site
- Tenant utilities: electric and cable/internet paid by tenants; LL covers city utilities, common‑area electric, and lawn care
Overview
Set up on the bluff, the property is described as within walking distance to the bayfront seawall. The offering also notes convenient access to downtown Corpus Christi as well as nearby restaurants, shopping, entertainment, and Corpus Christi Bay.
For tenants, the layout provides independent outdoor space through private patios and access to shared laundry via the coin-operated facilities. Utility responsibility is split: tenants pay electric within their units and are responsible for cable/internet, while the landlord covers city utilities, lawn care, and electric for the common areas. The mix of renovated and remaining units can be relevant for buyers evaluating unit-by-unit presentation and ongoing operations.
Local Financial Insights For Apartment 5plus
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 | $59.1k | $19.44 |
| − Vacancy | −$7.4k | −$2.45 |
| EGI | $51.7k | $16.99 |
| − OpEx | −$23.2k | −$7.65 |
| NOI | $28.4k | $9.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Longitude
- -97.397608
- Latitude
- 27.784437