Four-Unit Quadplex with Diverse
For Sale
$300,000
902 W Lakeside Drive, Corpus Christi, TX 78418
Residential, Corpus Christi, TX
Property Size1,926 SF
Lot Size0.24 Acres
Price / SF$155.76
Days on Market109
Property Features for 902 W Lakeside Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
4
Interior features
CableTv
Appliances
FreeStandingRange, Refrigerator
Subdivision
Flour Bluff Estates
Lot features
Irregular Lot
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
248600030124
Size
1,926 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
FLOUR BLUFF ESTATES .243 AC OUT LT 12 BK C
Tax Annual Amount
3251
Legal Description
FLOUR BLUFF ESTATES .243 AC OUT LT 12 BK C
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Flooring type
Vinyl
Roof type
Shingle
Listing Agency:
Prime Real Estate
(361) 334-7653
Listed By:
Brooke LaClair · License #0618863
(361) 765-1003
Added: Jul 17
Changed: Oct 21
Last Checked: Nov 2 at 2:06PM
MLS# 479997
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 multifamily property contains two efficiency apartments, one one-bedroom, one-bath unit, and one three-bedroom, one-bath unit. The building offers 1,926 square feet and includes vinyl flooring, window-unit cooling, a freestanding range, and a refrigerator. Public water and sewer serve the property, while the roof is shingle-covered.
Built in 1900, the property is located at 902 W Lakeside Drive in Corpus Christi, near schools, shopping, restaurants, NAS Corpus Christi, and the beach. The unit mix provides multiple residential configurations within a single property, with cable TV listed among the interior features.
Built in 1900, the property is located at 902 W Lakeside Drive in Corpus Christi, near schools, shopping, restaurants, NAS Corpus Christi, and the beach. The unit mix provides multiple residential configurations within a single property, with cable TV listed among the interior features.
Key Highlights
- Four‑unit configuration with two efficiency apartments, one 1‑bedroom/1‑bath unit, and one 3‑bedroom/1‑bath unit
- 1,926 square feet of property size
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,090
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,800
$341.8K
Cap Rate 7%
$244,143
$244.1K
Cap Rate 9%
$189,889
$189.9K
Market Conditions
NOI Build-Up for 1,926 SF
Gross rent
$27.7K $14.40/SF
− Vacancy
−$3.3K −$1.72/SF
EGI
$24.4K $12.68/SF
− OpEx
−$7.3K −$3.80/SF
NOI
$17.1K $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%
$341,800
Cap Rate 7%
$244,143
Cap Rate 9%
$189,889
Alternative Uses
Best Use
Multifamily LT 5
$244.1K
$213.6K – $284.8K
NOI $17,090 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$215.9K
$188.9K – $251.8K
NOI $15,110 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$736.3K
$644.2K – $859.0K
NOI $51,538 @ 7.0% cap · market cap 17.18%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
506
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 - Multifamily property with public water and sewer, vinyl flooring, and window-unit cooling.
Where is this quadplex located?
The property is located at 902 W Lakeside Drive Corpus Christi, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Four‑unit configuration with two efficiency apartments, one 1‑bedroom/1‑bath unit, and one 3‑bedroom/1‑bath unit; 1,926 square feet of property size; Built in 1900
