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3938 Surfside Blvd #3232
D- Composite 38.77
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).

  • ARV discount +15.0/15.0
  • 1% rule +7.4/10.0
  • Livability +3.9/5.0
  • Condition / age +3.8/5.0
  • Cash flow +3.3/30.0
  • Schools +2.8/10.0
  • Rent growth +2.5/5.0
  • Appreciation +0.1/10.0
  • DSCR +0.0/10.0

$96,000

3938 Surfside Blvd #3232 · Corpus Christi, TX 78402
1 bd · 1.0 ba · 420 sqft · Condo · 181 Days on market
Built 1981 Good condition $229/sqft · 18% below area Est $117k · 18% under $575/mo HOA · 48% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This condo comes fully furnished and is ideal as a private residence, personal get away or turn-key investment property-which can be short term or long term. Airbnb is allowed. Sleeps 4 people. Beautiful laminate floors. The bedroom offers comfort and privacy, while built-in hallway bunk beds with storage provide additional sleeping space. The bathroom features a convenient shower. Enjoy an open-concept kitchen with pretty tile back splash, fridge, microwave, 4 burner cook top stove. There's even an area that's a coffee bar. in Per seller A/C inside replaced Feb. 2026 & outside July 2025. Living area is great for entertaining or relaxing. Step out onto your private balcony and take in beautiful water views—your coastal escape awaits! Complex is centrally located near great restaurants, the USS Lexington, downtown Corpus Christi, Texas State Aquarium, and Portland. Swim in one of the two pools or Bay.

Key facts

  • Open-concept kitchen
  • Private balcony
  • Centrally located

Tags

FULLY FURNISHED UNITBUILT-IN HALLWAY BUNK BEDSOPEN-CONCEPT KITCHENPRIVATE BALCONYBEAUTIFUL WATER VIEWSCENTRALLY LOCATED

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath condo listed at $96k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-298 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $53k (44.9% below list).
  • Meets the 1% rule at list price ($1k rent vs $96k).
  • Recommended offer: $53k (44.9% below list) — sets the bar for cash-flow.
  • Cap rate 2.6% vs local median 3.7% in Corpus Christi — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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.
  • Zoned schools: Windsor Park G/T (math 85% / reading 90%, grade A+, #6 of 4,322 statewide, top 0%, 609 students, 29% FRL); Adkins Middle (math 40% / reading 39%, grade F, #660 of 1,662 statewide, top 41%, 956 students, 48% FRL); Roy Miller H S And Metro School of Design (math 24% / reading 32%, grade F, #1,170 of 1,632 statewide, top 72%, 1,538 students, 88% FRL).
  • Zoned-school proficiency averages 52% at this address vs 33% district-wide (+19 pts) — the actual schools serving this property are materially stronger than the Corpus Christi ISD average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: 92 active listings in the ZIP; 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 $664 of loan paydown is wiped out by about $3k 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 181 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 7y 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.

Risks & watch-outs

  • Watch-outs: HOA is 48% of rent.
Recommended offer $52,858 (44.9% 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 181 days. Have you received any prior offers? Is the seller open to a 45% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  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. 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?
  9. 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.
  10. 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.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.24%
Cap rate
2.57%
Cash-on-cash
-13.31%
DSCR
0.41
GRM
6.7

CMA / ARV

ARV (median comp)
$116,698
List price
$96,000
Delta
-17.74%
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
3938 Surfside Blvd #3127 0.04mi 1/1.0 420 (0%) 0mo $45,000 $107 98
3938 Surfside Blvd #1140 0.03mi 1/1.0 420 (0%) 1mo $49,000 $117 98
3938 Surfside Blvd #3224 0.00mi 1/1.0 420 (0%) 3mo $55,000 $131 98
3938 Surfside Blvd #3225 0.01mi 1/1.0 420 (0%) 2mo $39,900 $95 98
3938 Surfside Blvd #3106 0.04mi 1/1.0 420 (0%) 1mo $55,000 $131 97
3938 Surfside Blvd #2106 0.06mi 1/1.0 420 (0%) 0mo $58,000 $138 97
3938 Surfside Blvd #1316 0.04mi 1/1.0 420 (0%) 2mo $64,500 $154 96
3938 Surfside Blvd #1219 0.04mi 1/1.0 420 (0%) 2mo $44,900 $107 96
3938 Surfside Blvd #1209 0.06mi 1/1.0 420 (0%) 2mo $79,500 $189 96
3938 Surfside Blvd #2327 0.04mi 1/1.0 420 (0%) 3mo $58,000 $138 96
3938 Surfside Blvd #3114 0.04mi 1/1.0 420 (0%) 3mo $45,000 $107 96
3938 Surfside Blvd #3342 0.04mi 1/1.0 420 (0%) 4mo $62,000 $148 95

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
-40.4%
Equity multiple
-0.27×
Total profit
$-34,174
Equity at exit
$14,314
10-year hold
IRR
-60.2%
Equity multiple
-0.96×
Total profit
$-52,701
Equity at exit
$8,300

Cash invested: $26,880 (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.

Active competition Active MLS

For sale now
1 active · 3 under contract
Median asking
$76,000 ($181/sqft)
Median days on market
363 d
This list price
100% of active listings are priced below it
ARV vs active asking
+53.5% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 78402

Home prices YoY
-8.8%
Active inventory
92
Price-to-rent
6.7×

Monthly cashflow live

Estimated rent
$1,190 medium interval (Pro) →
Mortgage (P&I)
$503
Tax est. 1.5%
$120 /mo · $1,440/yr
Insurance
$40
HOA
$575
Vacancy / Maint / Mgmt
$250
Net cashflow
$-298

Break-even live

Break-even rent $1,568
Max offer price $52,858
Occupancy floor

Sensitivity live

Price -10% $-232 -5% $-265 +0% $-298 +5% $-331 +10% $-364
Rent -10% $-392 -5% $-345 +0% $-298 +5% $-251 +10% $-204
Rate -1.0pp $-250 -0.5pp $-274 base $-298 +0.5pp $-323 +1.0pp $-348

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
$24,000
Closing costs
$2,880
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

HOA detail $575/mo · $6,900/yr condo

Likely covers
waterpool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 43 events

  1. 2026-07-05
    days on market $96,000 Active 181 DOM
  2. 2026-07-04
    days on market $96,000 Active 180 DOM
  3. 2026-07-03
    days on market $96,000 Active 179 DOM
  4. 2026-07-02
    days on market $96,000 Active 178 DOM
  5. 2026-07-01
    days on market $96,000 Active 177 DOM
  6. 2026-06-30
    days on market $96,000 Active 176 DOM
  7. 2026-06-29
    days on market $96,000 Active 175 DOM
  8. 2026-06-28
    days on market $96,000 Active 174 DOM
  9. 2026-06-28
    days on market $96,000 Active 173 DOM
  10. 2026-06-27
    days on market $96,000 Active 172 DOM
  11. 2026-06-25
    days on market $96,000 Active 170 DOM
  12. 2026-06-23
    days on market $96,000 Active 168 DOM
  13. 2026-06-21
    days on market $96,000 Active 167 DOM
  14. 2026-06-18
    days on market $96,000 Active 164 DOM
  15. 2026-06-17
    days on market $96,000 Active 163 DOM
  16. 2026-06-16
    days on market $96,000 Active 162 DOM
  17. 2026-06-15
    days on market $96,000 Active 161 DOM
  18. 2026-06-14
    days on market $96,000 Active 159 DOM
  19. 2026-06-10
    days on market $96,000 Active 156 DOM
  20. 2026-06-09
    days on market $96,000 Active 155 DOM
  21. 2026-06-08
    days on market $96,000 Active 154 DOM
  22. 2026-06-07
    days on market $96,000 Active 153 DOM
  23. 2026-06-05
    days on market $96,000 Active 150 DOM
  24. 2026-06-03
    days on market $96,000 Active 149 DOM
  25. 2026-06-02
    days on market $96,000 Active 148 DOM
  26. 2026-06-01
    days on market $96,000 Active 147 DOM
  27. 2026-05-31
    days on market $96,000 Active 146 DOM
  28. 2026-05-30
    days on market $96,000 Active 145 DOM
  29. 2026-04-03
    price $96,000 925-char remark
    Show marketing remark (925 chars)

    This condo comes fully furnished and is ideal as a private residence, personal get away or turn-key investment property-which can be short term or long term. Airbnb is allowed. Sleeps 4 people. Beautiful laminate floors. The bedroom offers comfort and privacy, while built-in hallway bunk beds with storage provide additional sleeping space. The bathroom features a convenient shower. Enjoy an open-concept kitchen with pretty tile back splash, fridge, microwave, 4 burner cook top stove. There's even an area that's a coffee bar. in Per seller A/C inside replaced Feb. 2026 & outside July 2025. Living area is great for entertaining or relaxing. Step out onto your private balcony and take in beautiful water views—your coastal escape awaits! Complex is centrally located near great restaurants, the USS Lexington, downtown Corpus Christi, Texas State Aquarium, and Portland. Swim in one of the two pools or Bay.

  30. 2026-01-05
    listed $99,000 Active 925-char remark
    Show marketing remark (925 chars)

    This condo comes fully furnished and is ideal as a private residence, personal get away or turn-key investment property-which can be short term or long term. Airbnb is allowed. Sleeps 4 people. Beautiful laminate floors. The bedroom offers comfort and privacy, while built-in hallway bunk beds with storage provide additional sleeping space. The bathroom features a convenient shower. Enjoy an open-concept kitchen with pretty tile back splash, fridge, microwave, 4 burner cook top stove. There's even an area that's a coffee bar. in Per seller A/C inside replaced Feb. 2026 & outside July 2025. Living area is great for entertaining or relaxing. Step out onto your private balcony and take in beautiful water views—your coastal escape awaits! Complex is centrally located near great restaurants, the USS Lexington, downtown Corpus Christi, Texas State Aquarium, and Portland. Swim in one of the two pools or Bay.

  31. 2023-04-24
    soldstatus Closed 568-char remark
    Show marketing remark (568 chars)

    REDUCED !!!!!!!! VERY NICE CONDO THAT SLEEPS FOUR. COMPLETELY FURNISHED. HAS A PRETTY VIEW OFTHE BAY AND BEACH. BUNKS IN HALLWAY AND QUEEN SIZE BED IN BEDROOM. NICE LAMINATE FLOORS {WOODLIKE] AND NEW FLOORS IN THE BATHROOM. NEWER WHITE SLIDING PATIO DOORS . KITCHEN HAS PRETTY TILE BACKSPLASH , ,BREAKFAST BAR, 2 STOOLS, SMALL FRIDGE, MICRO, FOUR BURNER COOKTOP WITH STOVE. COFFEE BAR. TV IS IN LIVING AREA. THE BATHROOM HAS A NICE SHOWER AND NO TUB. COMPLEX HAS 2 POOLS AND BBQ AREAS. THESE CONDOS ARE GOOD RENTALS AND GREAT GETAWAYS. SMALL PETS ALLOWED FOR OWNERS.

  32. 2023-04-11
    status Pending 568-char remark
    Show marketing remark (568 chars)

    REDUCED !!!!!!!! VERY NICE CONDO THAT SLEEPS FOUR. COMPLETELY FURNISHED. HAS A PRETTY VIEW OFTHE BAY AND BEACH. BUNKS IN HALLWAY AND QUEEN SIZE BED IN BEDROOM. NICE LAMINATE FLOORS {WOODLIKE] AND NEW FLOORS IN THE BATHROOM. NEWER WHITE SLIDING PATIO DOORS . KITCHEN HAS PRETTY TILE BACKSPLASH , ,BREAKFAST BAR, 2 STOOLS, SMALL FRIDGE, MICRO, FOUR BURNER COOKTOP WITH STOVE. COFFEE BAR. TV IS IN LIVING AREA. THE BATHROOM HAS A NICE SHOWER AND NO TUB. COMPLEX HAS 2 POOLS AND BBQ AREAS. THESE CONDOS ARE GOOD RENTALS AND GREAT GETAWAYS. SMALL PETS ALLOWED FOR OWNERS.

  33. 2023-03-08
    price $125,000 568-char remark
    Show marketing remark (568 chars)

    REDUCED !!!!!!!! VERY NICE CONDO THAT SLEEPS FOUR. COMPLETELY FURNISHED. HAS A PRETTY VIEW OFTHE BAY AND BEACH. BUNKS IN HALLWAY AND QUEEN SIZE BED IN BEDROOM. NICE LAMINATE FLOORS {WOODLIKE] AND NEW FLOORS IN THE BATHROOM. NEWER WHITE SLIDING PATIO DOORS . KITCHEN HAS PRETTY TILE BACKSPLASH , ,BREAKFAST BAR, 2 STOOLS, SMALL FRIDGE, MICRO, FOUR BURNER COOKTOP WITH STOVE. COFFEE BAR. TV IS IN LIVING AREA. THE BATHROOM HAS A NICE SHOWER AND NO TUB. COMPLEX HAS 2 POOLS AND BBQ AREAS. THESE CONDOS ARE GOOD RENTALS AND GREAT GETAWAYS. SMALL PETS ALLOWED FOR OWNERS.

  34. 2023-01-26
    price $134,900 568-char remark
    Show marketing remark (568 chars)

    REDUCED !!!!!!!! VERY NICE CONDO THAT SLEEPS FOUR. COMPLETELY FURNISHED. HAS A PRETTY VIEW OFTHE BAY AND BEACH. BUNKS IN HALLWAY AND QUEEN SIZE BED IN BEDROOM. NICE LAMINATE FLOORS {WOODLIKE] AND NEW FLOORS IN THE BATHROOM. NEWER WHITE SLIDING PATIO DOORS . KITCHEN HAS PRETTY TILE BACKSPLASH , ,BREAKFAST BAR, 2 STOOLS, SMALL FRIDGE, MICRO, FOUR BURNER COOKTOP WITH STOVE. COFFEE BAR. TV IS IN LIVING AREA. THE BATHROOM HAS A NICE SHOWER AND NO TUB. COMPLEX HAS 2 POOLS AND BBQ AREAS. THESE CONDOS ARE GOOD RENTALS AND GREAT GETAWAYS. SMALL PETS ALLOWED FOR OWNERS.

  35. 2023-01-06
    price $142,500 568-char remark
    Show marketing remark (568 chars)

    REDUCED !!!!!!!! VERY NICE CONDO THAT SLEEPS FOUR. COMPLETELY FURNISHED. HAS A PRETTY VIEW OFTHE BAY AND BEACH. BUNKS IN HALLWAY AND QUEEN SIZE BED IN BEDROOM. NICE LAMINATE FLOORS {WOODLIKE] AND NEW FLOORS IN THE BATHROOM. NEWER WHITE SLIDING PATIO DOORS . KITCHEN HAS PRETTY TILE BACKSPLASH , ,BREAKFAST BAR, 2 STOOLS, SMALL FRIDGE, MICRO, FOUR BURNER COOKTOP WITH STOVE. COFFEE BAR. TV IS IN LIVING AREA. THE BATHROOM HAS A NICE SHOWER AND NO TUB. COMPLEX HAS 2 POOLS AND BBQ AREAS. THESE CONDOS ARE GOOD RENTALS AND GREAT GETAWAYS. SMALL PETS ALLOWED FOR OWNERS.

  36. 2022-11-03
    price $149,900 568-char remark
    Show marketing remark (568 chars)

    REDUCED !!!!!!!! VERY NICE CONDO THAT SLEEPS FOUR. COMPLETELY FURNISHED. HAS A PRETTY VIEW OFTHE BAY AND BEACH. BUNKS IN HALLWAY AND QUEEN SIZE BED IN BEDROOM. NICE LAMINATE FLOORS {WOODLIKE] AND NEW FLOORS IN THE BATHROOM. NEWER WHITE SLIDING PATIO DOORS . KITCHEN HAS PRETTY TILE BACKSPLASH , ,BREAKFAST BAR, 2 STOOLS, SMALL FRIDGE, MICRO, FOUR BURNER COOKTOP WITH STOVE. COFFEE BAR. TV IS IN LIVING AREA. THE BATHROOM HAS A NICE SHOWER AND NO TUB. COMPLEX HAS 2 POOLS AND BBQ AREAS. THESE CONDOS ARE GOOD RENTALS AND GREAT GETAWAYS. SMALL PETS ALLOWED FOR OWNERS.

  37. 2022-09-24
    price $155,000 568-char remark
    Show marketing remark (568 chars)

    REDUCED !!!!!!!! VERY NICE CONDO THAT SLEEPS FOUR. COMPLETELY FURNISHED. HAS A PRETTY VIEW OFTHE BAY AND BEACH. BUNKS IN HALLWAY AND QUEEN SIZE BED IN BEDROOM. NICE LAMINATE FLOORS {WOODLIKE] AND NEW FLOORS IN THE BATHROOM. NEWER WHITE SLIDING PATIO DOORS . KITCHEN HAS PRETTY TILE BACKSPLASH , ,BREAKFAST BAR, 2 STOOLS, SMALL FRIDGE, MICRO, FOUR BURNER COOKTOP WITH STOVE. COFFEE BAR. TV IS IN LIVING AREA. THE BATHROOM HAS A NICE SHOWER AND NO TUB. COMPLEX HAS 2 POOLS AND BBQ AREAS. THESE CONDOS ARE GOOD RENTALS AND GREAT GETAWAYS. SMALL PETS ALLOWED FOR OWNERS.

  38. 2022-08-20
    price $158,000 568-char remark
    Show marketing remark (568 chars)

    REDUCED !!!!!!!! VERY NICE CONDO THAT SLEEPS FOUR. COMPLETELY FURNISHED. HAS A PRETTY VIEW OFTHE BAY AND BEACH. BUNKS IN HALLWAY AND QUEEN SIZE BED IN BEDROOM. NICE LAMINATE FLOORS {WOODLIKE] AND NEW FLOORS IN THE BATHROOM. NEWER WHITE SLIDING PATIO DOORS . KITCHEN HAS PRETTY TILE BACKSPLASH , ,BREAKFAST BAR, 2 STOOLS, SMALL FRIDGE, MICRO, FOUR BURNER COOKTOP WITH STOVE. COFFEE BAR. TV IS IN LIVING AREA. THE BATHROOM HAS A NICE SHOWER AND NO TUB. COMPLEX HAS 2 POOLS AND BBQ AREAS. THESE CONDOS ARE GOOD RENTALS AND GREAT GETAWAYS. SMALL PETS ALLOWED FOR OWNERS.

  39. 2022-08-10
    listed $164,000 Active 568-char remark
    Show marketing remark (568 chars)

    REDUCED !!!!!!!! VERY NICE CONDO THAT SLEEPS FOUR. COMPLETELY FURNISHED. HAS A PRETTY VIEW OFTHE BAY AND BEACH. BUNKS IN HALLWAY AND QUEEN SIZE BED IN BEDROOM. NICE LAMINATE FLOORS {WOODLIKE] AND NEW FLOORS IN THE BATHROOM. NEWER WHITE SLIDING PATIO DOORS . KITCHEN HAS PRETTY TILE BACKSPLASH , ,BREAKFAST BAR, 2 STOOLS, SMALL FRIDGE, MICRO, FOUR BURNER COOKTOP WITH STOVE. COFFEE BAR. TV IS IN LIVING AREA. THE BATHROOM HAS A NICE SHOWER AND NO TUB. COMPLEX HAS 2 POOLS AND BBQ AREAS. THESE CONDOS ARE GOOD RENTALS AND GREAT GETAWAYS. SMALL PETS ALLOWED FOR OWNERS.

  40. 2020-01-17
    historical
  41. 2020-01-16
    soldstatus Closed
  42. 2019-12-24
    status Pending
  43. 2019-12-06
    listed $67,950 Active

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$14,283
− Mortgage interest
−$5,377
− Property taxes
−$1,440
− Insurance
−$480
− Repairs & maintenance
−$1,143
− Management
−$1,143
− HOA
−$6,900
− Depreciation
−$2,793
Taxable loss
−$4,993
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,198
After-tax cash flow
$-2,380/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $2,100–$6,300 screening

This fully furnished and recently renovated condo is in excellent condition, ideal for a private residence or investment property. It offers a great view of the bay and beach, and is located in a well-maintained complex with two pools and BBQ areas.

Value-add opportunities

  • Both Paint exterior — Enhances curb appeal and resale value
  • Both Replace sliding doors — Improves functionality and aesthetics
  • Both Upgrade kitchen appliances — Modernizes the space and attracts more buyers

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 28/100

Zoned Schools

Elementary Oak Park Special Emphasis School F TX #3,974/4,322 Nat'l #36,039/41,679 Middle Adkins Middle F TX #660/1,662 Nat'l #6,151/14,009 High Roy Miller H S And Metro School Of Design F TX #1,170/1,632 Nat'l #11,740/17,239

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
B Composite livability gradescore 78/100

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 · 418,037 people
City population
296,836
Metro
Corpus Christi, TX
Population (ZIP)
392
Household income
$53,102
Rent vs Own
27.5% rent · 72.5% own

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 0.57)
Race & ethnicity
White 62% Hispanic / Latino 19% Two or more races 17% Black 9%
Hispanic origin (detail)
Mexican 16%
Common ancestry
Slovak 2%
Foreign-born
3% · Canada
Languages at home
91% English-only · Spanish 7% German/W. Germanic 2%

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

Price history

+41.3% since first listed
15 events — show timeline
  • 2026-04-03 Price Changed $96,000 CBMLS
  • 2026-01-05 Listed $99,000 CBMLS
  • 2023-04-24 Sold (MLS) CBMLS
  • 2023-04-11 Pending CBMLS
  • 2023-03-08 Price Changed $125,000 CBMLS
  • 2023-01-26 Price Changed $134,900 CBMLS
  • 2023-01-06 Price Changed $142,500 CBMLS
  • 2022-11-03 Price Changed $149,900 CBMLS
  • 2022-09-24 Price Changed $155,000 CBMLS
  • 2022-08-20 Price Changed $158,000 CBMLS
  • 2022-08-10 Listed $164,000 CBMLS
  • 2020-01-17 Delisted CBMLS
  • 2020-01-16 Sold (MLS) CBMLS
  • 2019-12-24 Pending CBMLS
  • 2019-12-06 Listed $67,950 CBMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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