7918 Impala Dr · Corpus Christi, TX 78414

$205,000

3 bd · 2.0 ba · 1,277 sqft · SingleFamily public records · 42 Days on market

Built 1988 4,500 sqft lot $161/sqft · at area comps Est $214k · at est.

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Why this score? — see what drove the D 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 +11.4/30.0
• ARV discount +9.4/15.0
• 1% rule +4.4/10.0
• Livability +3.9/5.0
• DSCR +3.3/10.0
• Rent growth +3.0/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

REDUCED, REDUCED! VACANT/LOCKBOX. CLEAN AS A PIN & TWICE AS SHARP LOTS OF EXTRAS SUCH AS FRESHLY PAINTED, NEW CARPET IN FAMILY AREA, WATER SOFTENER, AC MICRO FILTER, FRENCH DOORS, HIGH CEILINGS, FIREPLACE AND MORE.

Key facts

• Sunken living room
• Covered patio
• Breakfast bar

Tags

• SUNKEN LIVING ROOM
• BREAKFAST BAR
• COVERED PATIO

Property features AI

Exterior

• Parking: Attached garage with front entry; 2 covered garage spaces; Garage door opener; Concrete driveway
• Utilities: Public water; Public sewer; Sewer available; Water available
• Home design: Single-story; Frame construction; Shingle roof; Slab foundation
• Construction: Built with frame construction; Shingle roof; Slab foundation
• Exterior features: Covered patio; Wood fencing

Interior

• Kitchen: Dishwasher; Electric oven; Electric range; Free-standing range; Range hood; Disposal; Refrigerator
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central electric air conditioning
• Interior features: Window coverings; Window treatments; Breakfast bar
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $-71 ($-848/yr) — negative.
• To cash-flow at today's rent, offer at most $193k (6.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $194k (5.5% below list).
• Recommended offer: $193k (6.1% below list) — sets the bar for cash-flow.
• Cap rate 5.9% 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.
• Corpus Christi ISD (urban): math 31% / reading 35% proficiency, ranked #562 of 826 in TX (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.9%/yr); 610 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,397 units permitted in Nueces County in 2024 (47 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Nueces County population projected at +36% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($199k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 28y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $76k; list at $205k implies a 168% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $192,522 (6.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.94% ✗
• Cap rate: 5.88%
• Cash-on-cash: -1.48%
• DSCR: 0.93
• GRM: 8.8

CMA / ARV

• ARV (median comp): $213,971
• List price: $205,000
• Delta: -4.19%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8006 Wolverine Dr	0.13mi	3/2.0	1,248 (-2%)	2mo	$239,900	$192	88
7934 Grizzley Dr	0.10mi	3/2.0	1,357 (+6%)	3mo	$219,750	$162	82
7602 Impala Dr	0.32mi	3/2.0	1,286 (+1%)	5mo	$239,900	$187	80
7937 Wolf Dr	0.25mi	3/2.0	1,209 (-5%)	1mo	$215,000	$178	79
7809 Northwind Dr	0.18mi	3/2.0	1,144 (-10%)	2mo	$219,900	$192	73
7618 Impala Dr	0.27mi	3/2.0	1,127 (-12%)	1mo	$225,000	$200	67
7902 Elk Dr	0.14mi	3/2.0	1,466 (+15%)	2mo	$257,895	$176	67
6821 Witts Way	0.29mi	3/2.0	1,398 (+10%)	5mo	$275,000	$197	66
6810 Witts Way	0.31mi	3/2.0	1,419 (+11%)	1mo	$275,000	$194	66
6913 Witts Way	0.34mi	3/2.0	1,442 (+13%)	3mo	$279,900	$194	60
7709 Fox Dr	0.37mi	3/2.0	1,428 (+12%)	8mo	$190,000	$133	57
6513 Purplewing Dr	0.48mi	3/2.0	1,447 (+13%)	6mo	$239,000	$165	51

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

Projected returns pro-forma

-3.0% appreciation · 1.94% rent growth · sell at horizon

5-year hold

• IRR: -20.0%
• Equity multiple: 0.31×
• Total profit: $-39,619
• Equity at exit: $30,566

10-year hold

• IRR: -15.6%
• Equity multiple: 0.17×
• Total profit: $-47,925
• Equity at exit: $17,725

Cash invested: $57,400 (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 78414

• Home prices YoY: -18.1%
• Rents YoY: 1.9%
• Active inventory: 610
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,937 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$440 /mo · $5,280/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$407
• Net cashflow: $-71

Break-even live

Break-even rent $2,026

Max offer price $192,522

Occupancy floor 99%

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7933 Wolverine Dr Corpus Christi, TX	3.0	2.0	1352	$1,750	$1.29	44d	1	0.06mi
7950 Caribou Dr Corpus Christi, TX	3.0	2.0	1496	$1,800	$1.20	14d	1	0.08mi
7926 Elk Dr Corpus Christi, TX	4.0	2.0	1451	$2,295	$1.58	14d	1	0.10mi
7818 Impala Dr Corpus Christi, TX	3.0	2.0	1255	$1,725	$1.37	44d	1	0.12mi
7805 Grizzley Dr Corpus Christi, TX	3.0	2.0	1096	$1,700	$1.55	14d	1	0.17mi
7805 Grizzley Dr Corpus Christi, TX	3.0	2.0	1096	$1,700	$1.55	21d	1	0.17mi
8001 Rock Crest Dr Corpus Christi, TX	3.0	2.0	1320	$1,950	$1.48	44d	1	0.20mi
6541 Fenwick Dr Corpus Christi, TX	3.0	2.0	1490	$1,800	$1.21	44d	1	0.24mi
7721 Wolf Dr Corpus Christi, TX	3.0	2.0	1080	$1,695	$1.57	44d	1	0.29mi
8226 Excalibur Rd Corpus Christi, TX	3.0	2.0	1792	$2,250	$1.26	14d	1	0.38mi
6640 Yorktown Blvd Corpus Christi, TX	1.0–2.0	1.0–2.0	935	$1,963	$2.10	14d	45	0.70mi
7230 Tristan Dr Corpus Christi, TX	4.0	2.0	1838	$2,395	$1.30	44d	1	0.86mi
3942 Cimarron Blvd Corpus Christi, TX	1.0–3.0	1.0–2.0	869	$2,380	$2.74	14d	26	0.96mi
7822 Fort Griffen Dr Corpus Christi, TX	3.0	2.0	1618	$2,100	$1.30	14d	1	0.99mi
6685 Lipes Blvd Corpus Christi, TX	1.0–3.0	1.0–2.0	1140	$2,400	$2.10	14d	1	1.03mi
6501 Lipes Blvd Unit 311 Corpus Christi, TX	3.0	2.0	1360	$1,500	$1.10	44d	1	1.17mi
7001 Lipes Blvd Unit 1009 Corpus Christi, TX	2.0	2.0	1040	$1,000	$0.96	44d	1	1.24mi
3818 Kitty Ln Corpus Christi, TX	4.0	2.0	1808	$2,225	$1.23	14d	1	1.27mi
7001 Lipes Blvd Apt 308 Corpus Christi, TX	3.0	2.0	1350	$1,450	$1.07	14d	1	1.27mi
7001 Lipes Blvd Apt 507 Corpus Christi, TX	2.0	2.0	1040	$1,200	$1.15	44d	1	1.27mi
3701 Cimarron Blvd Corpus Christi, TX	1.0–3.0	1.0–2.0	992	$1,734	$1.75	14d	19	1.29mi
7610 Rustler Ln Corpus Christi, TX	3.0	2.0	1584	$2,150	$1.36	21d	1	1.33mi
7513 Bon Soir Corpus Christi, TX	3.0	2.0	1820	$2,500	$1.37	14d	1	1.36mi
5829 Sutherland Dr Corpus Christi, TX	3.0	2.0	1649	$1,995	$1.21	44d	1	1.37mi
6010 Stetson Cir Corpus Christi, TX	3.0	2.0	1602	$1,925	$1.20	14d	1	1.38mi
5902 Sutherland Dr Corpus Christi, TX	4.0	2.0	1828	$2,300	$1.26	14d	1	1.38mi
7702 Spiderman Dr Corpus Christi, TX	4.0	2.0	1639	$2,400	$1.46	21d	1	1.40mi
7705 Wonder Woman Dr Corpus Christi, TX	3.0	2.0	1663	$2,000	$1.20	14d	1	1.40mi
7713 Lariat Toss Dr Corpus Christi, TX	3.0	2.0	1518	$2,300	$1.52	44d	1	1.46mi
6822 Wall St Corpus Christi, TX	4.0	2.0	1846	$1,995	$1.08	44d	1	1.48mi
7253 Yaupon Dr Corpus Christi, TX	3.0	2.0	1750	$1,950	$1.11	14d	1	1.49mi
7022 Boardwalk Ave Corpus Christi, TX	4.0	2.0	1740	$2,395	$1.38	14d	1	1.49mi

Listing history 23 events

1. 2026-06-18
   days on market $205,000 Active 42 DOM
2. 2026-06-17
   days on market $205,000 Active 41 DOM
3. 2026-06-16
   days on market $205,000 Active 40 DOM
4. 2026-06-15
   days on market $205,000 Active 39 DOM
5. 2026-06-14
   days on market $205,000 Active 37 DOM
6. 2026-06-10
   days on market $205,000 Active 34 DOM
7. 2026-06-09
   days on market $205,000 Active 33 DOM
8. 2026-06-08
   days on market $205,000 Active 32 DOM
9. 2026-06-07
   days on market $205,000 Active 31 DOM
10. 2026-06-05
    days on market $205,000 Active 28 DOM
11. 2026-06-03
    days on market $205,000 Active 27 DOM
12. 2026-06-02
    days on market $205,000 Active 26 DOM
13. 2026-06-01
    days on market $205,000 Active 25 DOM
14. 2026-05-31
    days on market $205,000 Active 24 DOM
15. 2026-05-30
    days on market $205,000 Active 23 DOM
16. 2026-05-14
    status Active 120-char remark
17. 2026-05-02
    listed $205,000 Active 120-char remark
18. 2025-01-06
    historical $1,600
19. 2024-11-26
    price $1,600
20. 2024-10-02
    listed $1,650
21. 1998-07-16
    soldstatus 220-char remark

    Show marketing remark (220 chars)

    REDUCED, REDUCED! VACANT/LOCKBOX. CLEAN AS A PIN & TWICE AS SHARP LOTS OF EXTRAS SUCH AS FRESHLY PAINTED, NEW CARPET IN FAMILY AREA, WATER SOFTENER, AC MICRO FILTER, FRENCH DOORS, HIGH CEILINGS, FIREPLACE AND MORE.

22. 1998-07-15
    soldstatus $76,500
23. 1998-03-31
    listed $76,500 220-char remark

    Show marketing remark (220 chars)

    REDUCED, REDUCED! VACANT/LOCKBOX. CLEAN AS A PIN & TWICE AS SHARP LOTS OF EXTRAS SUCH AS FRESHLY PAINTED, NEW CARPET IN FAMILY AREA, WATER SOFTENER, AC MICRO FILTER, FRENCH DOORS, HIGH CEILINGS, FIREPLACE AND MORE.

ⓘ 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: $5,280 · $440/mo
• Projected year-2 tax: $5,280 · $440/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 3/10 Moderate FEMA zone X (unshaded) · 9% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 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: $23,238
• − Mortgage interest: −$11,483
• − Property taxes: −$5,280
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,859
• − Management: −$1,859
• − Depreciation: −$5,964
• Taxable loss: −$4,232
• Est. tax savings @ 24.0%: +$1,016
• After-tax cash flow: $168/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: Corpus Christi ISD
• NCES district ID: 4815270
• Math proficiency: 31% ▼ -18.00%
• Reading proficiency: 35% ▼ -7.00%
• Median HH income: $45,672
• Composite: 28.27/100
• National rank: #6793
• State rank: #562 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): 54,263
• Household income: $98,771
• Rent vs Own: 37.9% rent · 62.1% own
• Severe rent burden: 1167.0

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: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: Hispanic / Latino 52% White 35% Two or more races 33% Asian 6% Black 3%
• Hispanic origin (detail): Mexican 46% Puerto Rican 1%
• Common ancestry: Lithuanian 1% Slovak 1% Romanian 1%
• Foreign-born: 9% · Canada, China, South Korea
• Languages at home: 70% English-only · Spanish 24% Other Indo-European 2% Chinese 1%

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: ▼ -40.16%
• Current HPI: 182.3229
• Rent YoY: ▲ 1.94%
• 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

+168.0% since first listed

8 events — show timeline

• 2026-05-14 Relisted — CBMLS
• 2026-05-02 Listed $205,000 CBMLS
• 2025-01-06 Rental Removed $1,600 CBMLS
• 2024-11-26 Price Changed $1,600 CBMLS
• 2024-10-02 Listed for Rent $1,650 CBMLS
• 1998-07-16 Sold (MLS) — CBMLS
• 1998-07-15 Sold (Public Records) $76,500 Public Records
• 1998-03-31 Listed $76,500 CBMLS

Property tax history

+4.7%/yr

Latest (2025): $5,280 · +9.9% YoY. Source: county tax records.