5330 Crossridge Dr · Corpus Christi, TX 78413

$164,950

3 bd · 2.0 ba · 1,490 sqft · SingleFamily public records · 183 Days on market

Built 1982 5,998 sqft lot $111/sqft · 25% below area Est $219k · 25% under

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Why this score? — see what drove the C- 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 +15.8/30.0
• ARV discount +15.0/15.0
• 1% rule +5.8/10.0
• DSCR +4.9/10.0
• Livability +3.9/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Rent growth +1.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step inside this solid 3 bedroom, 2 bathroom brick home offering over 1,400 square feet of comfortable living space. The split-bedroom layout gives everyone their own corner of the house, while the open main areas keep things feeling connected. The large backyard is a great blank canvas for weekend projects, outdoor living, or future additions. This home is waiting for it to make it yours. Come take a look and see the potential for yourself.

Key facts

• Split-bedroom layout
• Large backyard
• 5,998 sq ft lot

Tags

• SPLIT-BEDROOM LAYOUT
• LARGE BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $74 ($893/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $145k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.8% 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 falling (-4.5%/yr); 228 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $5k 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 183 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 29y ago; this cycle's ask has dropped $30k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $83k; list at $165k implies a 99% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.9% of price.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,156 (12.0% below list)

Questions for the listing agent

1. It's been on market 183 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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.
7. 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.
8. 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: 1.08% ✓
• Cap rate: 6.83%
• Cash-on-cash: 1.93%
• DSCR: 1.09
• GRM: 7.7

CMA / ARV

• ARV (median comp): $219,445
• List price: $164,950
• Delta: -24.83%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5333 Woodgate Dr	0.09mi	3/2.0	1,471 (-1%)	3mo	$225,000	$153	91
5302 Woodgate Dr	0.11mi	3/2.0	1,480 (-1%)	5mo	$225,000	$152	90
5301 Northgate Cir	0.14mi	3/2.0	1,455 (-2%)	3mo	$192,500	$132	88
5310 Gateridge Dr	0.06mi	3/2.0	1,377 (-8%)	0mo	$199,900	$145	84
6702 Cottonwood St	0.34mi	2/2.0 (-1)	1,451 (-3%)	2mo	$268,500	$185	73
6702 Northgate Dr	0.26mi	3/2.0	1,619 (+9%)	1mo	$125,000	$77	73
5222 Inverness Dr	0.24mi	3/2.0	1,668 (+12%)	1mo	$250,000	$150	68
4961 Shadowbend Dr	0.35mi	3/2.0	1,626 (+9%)	4mo	$155,000	$95	65
7125 Althea Ct	0.47mi	2/2.0 (-1)	1,367 (-8%)	4mo	$235,000	$172	56
7010 Powderhorn Ct	0.74mi	3/2.0	1,397 (-6%)	2mo	$250,000	$179	54
4769 Sierra Blanca Blvd	0.74mi	3/2.0	1,395 (-6%)	2mo	$274,900	$197	53
7222 Elwood Ct	0.74mi	3/2.0	1,284 (-14%)	2mo	$249,900	$195	40

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -17.1%
• Equity multiple: 0.41×
• Total profit: $-27,078
• Equity at exit: $24,595

10-year hold

• IRR: -17.4%
• Equity multiple: 0.20×
• Total profit: $-37,115
• Equity at exit: $14,262

Cash invested: $46,186 (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 78413

• Rents YoY: -4.5%
• Active inventory: 228
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,788 high
• Mortgage (P&I): −$865
• Tax from tax record: −$404 /mo · $4,848/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$375
• Net cashflow: $74

Break-even live

Break-even rent $1,693

Max offer price $164,950

Occupancy floor 91%

Sensitivity live

Price	-10% $168	-5% $121	+0% $74	+5% $28	+10% $-19
Rent	-10% $-67	-5% $4	+0% $74	+5% $145	+10% $216
Rate	-1.0pp $158	-0.5pp $116	base $74	+0.5pp $32	+1.0pp $-12

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: $41,238
• Closing costs: $4,948
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6741 Heavens Gate Dr Corpus Christi, TX	3.0	2.0	1831	$2,075	$1.13	14d	1	0.16mi
7221 S Staples St Corpus Christi, TX	1.0–3.0	1.0–2.0	940	$1,849	$1.97	22d	62	0.42mi
5633 Timbergate Dr Corpus Christi, TX	2.0–3.0	2.0	1293	$2,354	$1.82	14d	18	0.44mi
6635 S Staples St Corpus Christi, TX	1.0–2.0	1.0–2.0	788	$1,546	$1.96	14d	42	0.48mi
5702 Timbergate Dr Corpus Christi, TX	3.0	1.0–2.0	962	$2,205	$2.29	14d	24	0.56mi
7253 Yaupon Dr Corpus Christi, TX	3.0	2.0	1750	$1,950	$1.11	14d	1	0.62mi
4817 Fern Forest Cir Corpus Christi, TX	3.0	2.0	1611	$1,650	$1.02	14d	1	0.63mi
4818 Elm Hurst Ln Corpus Christi, TX	3.0	2.0	1748	$1,700	$0.97	14d	1	0.65mi
4805 Shadowbend Dr Unit A Corpus Christi, TX	2.0	1.0	1098	$1,350	$1.23	22d	1	0.66mi
4805 Shadowbend Dr Corpus Christi, TX	2.0	1.0	1098	$1,350	$1.23	45d	1	0.66mi
5133 Middlecoff Cir Unit B Corpus Christi, TX	3.0	2.5	1360	$1,650	$1.21	45d	1	0.67mi
6730 Everhart Rd Corpus Christi, TX	2.0	1.0–2.0	760	$1,000	$1.32	14d	3	0.68mi
4820 Delwood St Corpus Christi, TX	2.0	1.5	1033	$1,500	$1.45	22d	1	0.70mi
5001 Middlecoff Cir Apt 1A Corpus Christi, TX	2.0	1.5	1000	$1,300	$1.30	45d	1	0.71mi
7225 Owen Ct Unit C Corpus Christi, TX	2.0	1.5	1010	$1,175	$1.16	14d	1	0.71mi
7201 Kress Cir Unit F1 Corpus Christi, TX	2.0	2.0	1125	$1,400	$1.24	22d	1	0.73mi
4802 Delwood St #5 Corpus Christi, TX	2.0	1.5	1065	$1,450	$1.36	14d	1	0.76mi
5902 Sutherland Dr Corpus Christi, TX	4.0	2.0	1828	$2,300	$1.26	14d	1	0.76mi
5829 Sutherland Dr Corpus Christi, TX	3.0	2.0	1649	$1,995	$1.21	45d	1	0.77mi
7033 Arapahoe St Corpus Christi, TX	3.0	2.0	1533	$1,950	$1.27	14d	1	0.79mi
5430 Saratoga Blvd Corpus Christi, TX	1.0–3.0	1.0–2.5	1050	$1,764	$1.68	45d	45	0.80mi
6013 Tapestry Dr Corpus Christi, TX	4.0	2.0	1799	$2,200	$1.22	45d	1	0.82mi
6533 Patti Corpus Christi, TX	1.0–2.0	1.0–2.0	858	$1,850	$2.15	14d	5	0.82mi
5925 Bishops Mill Dr Corpus Christi, TX	3.0	2.0	1785	$2,250	$1.26	45d	1	0.82mi
6010 Stetson Cir Corpus Christi, TX	3.0	2.0	1602	$1,925	$1.20	14d	1	0.87mi
7513 Bon Soir Corpus Christi, TX	3.0	2.0	1820	$2,500	$1.37	14d	1	0.87mi
6602 Everhart Rd Corpus Christi, TX	1.0–2.0	1.0–2.0	780	$1,284	$1.65	14d	100	0.88mi
7022 Boardwalk Ave Corpus Christi, TX	4.0	2.0	1740	$2,395	$1.38	14d	1	0.89mi
7609 Cold Springs Dr Corpus Christi, TX	3.0	2.0	1703	$2,000	$1.17	14d	1	0.91mi
6701 Everhart Rd Corpus Christi, TX	1.0–2.0	1.0–2.0	691	$1,117	$1.62	14d	37	0.92mi
7621 Cold Springs Dr Corpus Christi, TX	3.0	2.0	1582	$2,100	$1.33	45d	1	0.94mi
7658 Clearbrook Dr Corpus Christi, TX	3.0	2.0	1725	$2,195	$1.27	14d	1	0.99mi
3818 Kitty Ln Corpus Christi, TX	4.0	2.0	1808	$2,225	$1.23	14d	1	1.02mi
6145 Ortiz Dr Corpus Christi, TX	3.0	2.0	1376	$1,950	$1.42	22d	1	1.13mi
3701 Cimarron Blvd Corpus Christi, TX	1.0–3.0	1.0–2.0	992	$1,734	$1.75	14d	19	1.23mi
6905 Aaron Dr Corpus Christi, TX	4.0	2.0	1550	$2,100	$1.35	14d	1	1.35mi
6225 Saratoga Blvd Corpus Christi, TX	1.0–3.0	1.0–2.0	962	$1,969	$2.05	14d	27	1.37mi
6225 Saratoga Blvd Corpus Christi, TX	1.0–3.0	1.0–2.0	962	$1,969	$2.05	22d	27	1.38mi
3406 Angelina St Corpus Christi, TX	3.0	2.0	1577	$2,495	$1.58	14d	1	1.39mi
6501 Lipes Blvd Unit 311 Corpus Christi, TX	3.0	2.0	1360	$1,500	$1.10	45d	1	1.42mi

Listing history 28 events

1. 2026-06-21
   days on market $164,950 Active 183 DOM
2. 2026-06-18
   days on market $164,950 Active 180 DOM
3. 2026-06-17
   days on market $164,950 Active 179 DOM
4. 2026-06-16
   days on market $164,950 Active 178 DOM
5. 2026-06-15
   pricedays on market $164,950 Active 177 DOM
6. 2026-06-14
   days on market $174,950 Active 175 DOM
7. 2026-06-10
   days on market $174,950 Active 172 DOM
8. 2026-06-09
   days on market $174,950 Active 171 DOM
9. 2026-06-08
   days on market $174,950 Active 170 DOM
10. 2026-06-07
    days on market $174,950 Active 169 DOM
11. 2026-06-05
    days on market $174,950 Active 166 DOM
12. 2026-06-03
    days on market $174,950 Active 165 DOM
13. 2026-06-02
    days on market $174,950 Active 164 DOM
14. 2026-06-01
    days on market $174,950 Active 163 DOM
15. 2026-05-31
    days on market $174,950 Active 162 DOM
16. 2026-05-30
    days on market $174,950 Active 161 DOM
17. 2026-03-30
    status Active 445-char remark

    Show marketing remark (445 chars)

    Step inside this solid 3 bedroom, 2 bathroom brick home offering over 1,400 square feet of comfortable living space. The split-bedroom layout gives everyone their own corner of the house, while the open main areas keep things feeling connected. The large backyard is a great blank canvas for weekend projects, outdoor living, or future additions. This home is waiting for it to make it yours. Come take a look and see the potential for yourself.

18. 2026-03-15
    status Pending 445-char remark

    Show marketing remark (445 chars)

    Step inside this solid 3 bedroom, 2 bathroom brick home offering over 1,400 square feet of comfortable living space. The split-bedroom layout gives everyone their own corner of the house, while the open main areas keep things feeling connected. The large backyard is a great blank canvas for weekend projects, outdoor living, or future additions. This home is waiting for it to make it yours. Come take a look and see the potential for yourself.

19. 2026-03-06
    historical 445-char remark

    Show marketing remark (445 chars)

    Step inside this solid 3 bedroom, 2 bathroom brick home offering over 1,400 square feet of comfortable living space. The split-bedroom layout gives everyone their own corner of the house, while the open main areas keep things feeling connected. The large backyard is a great blank canvas for weekend projects, outdoor living, or future additions. This home is waiting for it to make it yours. Come take a look and see the potential for yourself.

20. 2026-02-03
    price $174,950 445-char remark

    Show marketing remark (445 chars)

    Step inside this solid 3 bedroom, 2 bathroom brick home offering over 1,400 square feet of comfortable living space. The split-bedroom layout gives everyone their own corner of the house, while the open main areas keep things feeling connected. The large backyard is a great blank canvas for weekend projects, outdoor living, or future additions. This home is waiting for it to make it yours. Come take a look and see the potential for yourself.

21. 2025-11-26
    listed $194,950 Active 445-char remark

    Show marketing remark (445 chars)

    Step inside this solid 3 bedroom, 2 bathroom brick home offering over 1,400 square feet of comfortable living space. The split-bedroom layout gives everyone their own corner of the house, while the open main areas keep things feeling connected. The large backyard is a great blank canvas for weekend projects, outdoor living, or future additions. This home is waiting for it to make it yours. Come take a look and see the potential for yourself.

22. 2009-11-24
    soldstatus
23. 2009-11-23
    soldstatus 499-char remark

    Show marketing remark (499 chars)

    WOW!! What a great house for anyone and everyone!! All the work's been done. Ready to move right into, and just in time for closing by the Nov. 30th for $8000 tax credit! Foundation and plumbing are done and have reports on file, very recent neutral carpet and tile, int. paint, countertops and stainless sink in kitchen. Wonderfully open floorplan with split bedrooms, and his/hers closets in master. Seller will re-sod the backyard prior to closing. This is a precious home!!! Won't last so hurry!

24. 2009-10-15
    listed $125,000 499-char remark

    Show marketing remark (499 chars)

    WOW!! What a great house for anyone and everyone!! All the work's been done. Ready to move right into, and just in time for closing by the Nov. 30th for $8000 tax credit! Foundation and plumbing are done and have reports on file, very recent neutral carpet and tile, int. paint, countertops and stainless sink in kitchen. Wonderfully open floorplan with split bedrooms, and his/hers closets in master. Seller will re-sod the backyard prior to closing. This is a precious home!!! Won't last so hurry!

25. 2002-12-12
    soldstatus
26. 2002-12-12
    soldstatus $83,000
27. 2002-07-12
    listed $88,500
28. 1997-09-03
    listed $79,900

ⓘ 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: $4,848 · $404/mo
• Projected year-2 tax: $4,848 · $404/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 X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 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: $21,451
• − Mortgage interest: −$9,240
• − Property taxes: −$4,848
• − Insurance: −$825
• − Repairs & maintenance: −$1,716
• − Management: −$1,716
• − Depreciation: −$4,799
• Taxable loss: −$1,692
• Est. tax savings @ 24.0%: +$406
• After-tax cash flow: $1,299/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): 34,289
• Household income: $72,815
• Rent vs Own: 42.8% rent · 57.2% own
• Severe rent burden: 1280.0

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: Majority Hispanic (60%)
• Race & ethnicity: Hispanic / Latino 60% White 31% Two or more races 29% Black 4% Asian 3%
• Hispanic origin (detail): Mexican 53%
• Common ancestry: Lithuanian 1% Serbian 1% Slovak 1%
• Foreign-born: 8% · Canada, South Korea, China
• Languages at home: 74% English-only · Spanish 22% Tagalog/Filipino 1% Other Indo-European 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: ▼ -215.69%
• Current HPI: 173.8376
• Rent YoY: ▼ -4.46%
• 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

+119.0% since first listed

12 events — show timeline

• 2026-03-30 Relisted — CBMLS
• 2026-03-15 Pending — CBMLS
• 2026-03-06 Delisted — CBMLS
• 2026-02-03 Price Changed $174,950 CBMLS
• 2025-11-26 Listed $194,950 CBMLS
• 2009-11-24 Sold (Public Records) — Public Records
• 2009-11-23 Sold (MLS) — CBMLS
• 2009-10-15 Listed $125,000 CBMLS
• 2002-12-12 Sold (Public Records) $83,000 Public Records
• 2002-12-12 Sold (MLS) — CBMLS
• 2002-07-12 Listed $88,500 CBMLS
• 1997-09-03 Listed $79,900 CBMLS

Property tax history

+4.3%/yr

Latest (2025): $4,848 · +1.2% YoY. Source: county tax records.