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    913 Point Rd Corpus Christi, TX 78416

    For Sale
    $145,000

    Two-unit apartment building, excellent investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This 2010-built duplex in Corpus Christi, Texas, presents a fantastic investment opportunity at an asking price of $145,000. Situated on a spacious 9,583.2 square foot lot, this property offers two units, each featuring two bedrooms and one bathroom, complete with central air conditioning. The property's convenient location provides easy access to Highway 358 and the Crosstown Expressway, ensuring excellent accessibility for residents. One unit is currently vacant and move-in ready, presenting an immediate opportunity for rental income or owner occupancy. The property's configuration allows for the possibility of living in one unit while renting the other, effectively reducing housing costs. This single-building multifamily property is located at 913 W Point Road, Corpus Christi, TX 78416, within Nueces County. The property's strong location and the potential for immediate rental income make it an attractive investment for both seasoned and first-time investors seeking a hands-on approach to property management. The existing tenant in the occupied unit provides a stable income stream, further enhancing the investment potential. This duplex offers a compelling combination of convenience, income potential, and a desirable location in Corpus Christi.

    Property Features for 913 Point Rd

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2010
    Buildings
    1
    Units
    2
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.4449174
    Latitude
    27.7494236

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit apartment building, excellent investment.
    Where is this multifamily property located?
    The property is located at 913 Point Rd Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $145,000.
    Request Owner's contact information
    913 Point Rd Corpus Christi, TX 78416
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    913 Point Rd Corpus Christi, TX 78416
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