4328 Molina Dr · Corpus Christi, TX 78416

$44,500

3 bd · 1.0 ba · 1,019 sqft · SingleFamily public records · 316 Days on market

Built 1975 6,600 sqft lot $44/sqft · 69% below area

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +7.2/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0

Listing remarks MLS

Home located near local small park and stores. Just minutes from local restaurants. Home is being sold As Is, Where Is with faults and all. Call today for more information.

Key facts

• 6,600 sq ft lot
• 2 parking spots
• Built 1975

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $44k.

Deal economics

• At list price, monthly cash flow is $348 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $44k).
• Recommended offer: $39k (12.0% below list) — sets the bar for market timing.
• Cap rate 27.2% vs local median 3.6% in Corpus Christi — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#66 in TX, #2,404 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F.
• West Oso ISD (urban): math 20% / reading 32% proficiency, ranked #712 of 826 in TX (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 44 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,397 units permitted in Nueces County in 2024 (47 in 5+ unit buildings).
• This rent runs 41% of the median local income ($43k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $2k of equity ($308 loan paydown + $2k appreciation (4.4% local appreciation)).
• Nueces County population projected at +36% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (4.4% appreciation + 3.0% rent growth), your $12k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 316 days — a 12% lower offer ($39k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 19y ago; this cycle's ask has dropped $8k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.7% of price; flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $39,160 (12.0% below list)

Questions for the listing agent

1. It's been on market 316 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 3.31% ✓
• Cap rate: 27.18%
• Cash-on-cash: 74.61%
• DSCR: 4.32
• GRM: 2.5

CMA / ARV

• ARV (median comp): $141,650
• List price: $44,500
• Delta: -68.58%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4346 Barrera Dr	0.09mi	2/1.0 (-1)	1,020 (+0%)	2mo	$55,000	$54	89
1725 Rockford Dr	0.12mi	2/1.0 (-1)	984 (-3%)	7mo	$149,900	$152	78
4313 Molina Dr	0.05mi	2/1.0 (-1)	904 (-11%)	4mo	$100,000	$111	71
4618 Ramona Dr	0.49mi	3/1.0	936 (-8%)	2mo	$119,900	$128	62
1038 Golden Gate	0.34mi	2/2.0 (-1)	948 (-7%)	3mo	$127,000	$134	61
4309 Elvira Dr	0.21mi	3/1.0	1,112 (+9%)	23mo	$159,900	$144	56
4634 Elvira Dr	0.45mi	3/2.0	1,052 (+3%)	17mo	$189,900	$181	55
4305 Jose Dr	0.26mi	3/1.0	1,110 (+9%)	22mo	$60,000	$54	55
4549 Elvira Dr	0.37mi	2/1.0 (-1)	969 (-5%)	18mo	$116,975	$121	54
4122 Bascule Dr	0.27mi	3/2.0	1,167 (+14%)	6mo	$145,000	$124	54

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.38% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 41.8%
• Equity multiple: 3.50×
• Total profit: $31,205
• Equity at exit: $23,555

10-year hold

• IRR: 40.5%
• Equity multiple: 7.15×
• Total profit: $76,601
• Equity at exit: $39,341

Cash invested: $12,460 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 78416

• Home prices YoY: 3.2%
• Active inventory: 44
• Price-to-rent: 2.5×

Monthly cashflow live

• Estimated rent: $1,473 medium
• Mortgage (P&I): −$233
• Tax from tax record: −$137 /mo · $1,645/yr
• Insurance: −$19
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$309
• Net cashflow: $348

Break-even live

Break-even rent $1,032

Max offer price $44,500

Occupancy floor 71%

Sensitivity live

Price	-10% $373	-5% $361	+0% $348	+5% $336	+10% $323
Rent	-10% $232	-5% $290	+0% $348	+5% $406	+10% $465
Rate	-1.0pp $371	-0.5pp $360	base $348	+0.5pp $337	+1.0pp $325

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $11,125
• Closing costs: $1,335
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4313 Molina Dr Corpus Christi, TX	2.0	1.0	904	$1,250	$1.38	44d	1	0.06mi
1458 W Point Rd Corpus Christi, TX	2.0–3.0	1.0	777	$980	$1.26	14d	2	0.71mi
1837 Horne Rd Corpus Christi, TX	3.0	2.0	1226	$1,800	$1.47	44d	1	1.38mi

Listing history 23 events

1. 2026-06-18
   days on market $44,500 Active 316 DOM
2. 2026-06-17
   days on market $44,500 Active 315 DOM
3. 2026-06-16
   days on market $44,500 Active 314 DOM
4. 2026-06-15
   days on market $44,500 Active 313 DOM
5. 2026-06-14
   days on market $44,500 Active 311 DOM
6. 2026-06-10
   days on market $44,500 Active 308 DOM
7. 2026-06-09
   days on market $44,500 Active 307 DOM
8. 2026-06-08
   days on market $44,500 Active 306 DOM
9. 2026-06-07
   days on market $44,500 Active 305 DOM
10. 2026-06-03
    days on market $44,500 Active 301 DOM
11. 2026-06-02
    days on market $44,500 Active 300 DOM
12. 2026-06-01
    days on market $44,500 Active 299 DOM
13. 2026-05-31
    days on market $44,500 Active 298 DOM
14. 2026-05-30
    days on market $44,500 Active 297 DOM
15. 2025-12-17
    price $44,500 172-char remark

    Show marketing remark (172 chars)

    Home located near local small park and stores. Just minutes from local restaurants. Home is being sold As Is, Where Is with faults and all. Call today for more information.

16. 2025-08-05
    listed $52,000 Active 172-char remark

    Show marketing remark (172 chars)

    Home located near local small park and stores. Just minutes from local restaurants. Home is being sold As Is, Where Is with faults and all. Call today for more information.

17. 2023-12-20
    price $59,000
18. 2023-12-17
    price $65,000
19. 2023-12-13
    listed $69,950 Active
20. 2016-03-15
    soldstatus
21. 2007-10-16
    listed $28,900
22. 2007-08-20
    listed $35,900
23. 2005-01-01
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $1,645 · $137/mo
• Projected year-2 tax: $1,645 · $137/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone AE · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 25 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,677
• − Mortgage interest: −$2,493
• − Property taxes: −$1,645
• − Insurance: −$5,341
• − Repairs & maintenance: −$1,414
• − Management: −$1,414
• − Depreciation: −$1,295
• Taxable income: $4,075
• Est. tax owed @ 24.0%: −$978
• After-tax cash flow: $3,200/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: West Oso ISD
• NCES district ID: 4845120
• Math proficiency: 20% ▼ -23.00%
• Reading proficiency: 32% ▼ -5.00%
• Median HH income: $36,193
• Composite: 21.52/100
• National rank: #8320
• State rank: #712 of 826 in TX

Livability — Corpus Christi

• Score: 78/100
• State rank: #66
• US rank: #2404

Category grades

Amenities C Commute A+ Cost of living A+ Crime F Employment C Housing A+ Health & safety A+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Corpus Christi, TX
• County: Nueces County · 296,836 people
• City population: 296,836
• Metro: Corpus Christi, TX
• Population (ZIP): 12,480
• Household income: $43,198
• Rent vs Own: 36.8% rent · 63.2% own
• Severe rent burden: 386.0

Population outlook (Nueces County) Hauer SSP2

• Today (2025): 418,037 people
• By 2030: 447,123 · +7.0%
• By 2040: 505,911 · +21.0%
• By 2050: 567,522 · +35.8%
• By 2075: 729,686 · +74.6%
• By 2100: 847,087 · +102.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (79%)
• Race & ethnicity: Hispanic / Latino 79% Two or more races 38% Black 16% White 4%
• Hispanic origin (detail): Mexican 72%
• Foreign-born: 12% · Canada
• Languages at home: 50% English-only · Spanish 49%

Political lean MEDSL · Nueces

• 2024 margin: R (+11.5) · D 43.8% · R 55.3%
• 2008→2024 swing: -7.1pp toward R · 2008: -4.4pp · 2024: -11.5pp
• All cycles: 2024: R+11.5 2020: R+2.9 2016: R+1.5 2012: R+3.2 2008: R+4.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.38%
• Current HPI: 139.6557
• Rent YoY: —
• Metro: Corpus Christi, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+24.0% since first listed

9 events — show timeline

• 2025-12-17 Price Changed $44,500 CBMLS
• 2025-08-05 Listed $52,000 CBMLS
• 2023-12-20 Price Changed $59,000 CBMLS
• 2023-12-17 Price Changed $65,000 CBMLS
• 2023-12-13 Listed $69,950 CBMLS
• 2016-03-15 Sold (Public Records) — Public Records
• 2007-10-16 Listed $28,900 CBMLS
• 2007-08-20 Listed $35,900 CBMLS
• 2005-01-01 Sold (Public Records) — Public Records

Property tax history

+1.8%/yr

Latest (2025): $1,645 · -3.2% YoY. Source: county tax records.