4818 Marion · Corpus Christi, TX 78411

$119,999

3 bd · 1.5 ba · 1,435 sqft · SingleFamily public records · 9 Days on market

Built 1955 8,072 sqft lot Est $188k · 36% under

---

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 +23.0/30.0
• ARV discount +15.0/15.0
• 1% rule +8.0/10.0
• DSCR +7.4/10.0
• Rent growth +4.5/5.0
• Livability +3.9/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Perfect starter home! This 3 bedroom, 1 and a half bath charmer has original hardwood floors and laminate floors throughout. Two living areas and decent size bedrooms. Master has a half bath. New paint and some new fixtures through out. Very clean and in great condition! Roof replaced in 2015 and a complete re-route was completed on the plumbing system October 2018.

Key facts

• 8,072 sq ft lot
• Garage
• Built 1955

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $212 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Cap rate 8.4% 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 fast (+7.9%/yr); 142 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 1,397 units permitted in Nueces County in 2024 (47 in 5+ unit buildings).
• This rent runs 32% of the median local income ($58k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $829 of loan paydown is wiped out by about $4k 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.
• At projected returns (-3.0% appreciation + 7.9% rent growth), your $34k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 26y 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 $62k; list at $120k implies a 95% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.4% of price; built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $119,999

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.30% ✓
• Cap rate: 8.42%
• Cash-on-cash: 7.59%
• DSCR: 1.34
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $187,985
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4818 Marion	0.00mi	3/1.5	1,435 (0%)	1mo	$119,999	$84	100
4829 Alice St	0.23mi	3/2.0	1,384 (-4%)	6mo	$174,900	$126	76
3702 Lincoln St	0.47mi	4/2.0 (+1)	1,433 (-0%)	4mo	$179,000	$125	68
4722 Dody St	0.18mi	4/2.0 (+1)	1,609 (+12%)	1mo	$219,900	$137	64
4938 Mable St	0.29mi	3/3.0	1,595 (+11%)	6mo	$255,000	$160	57
4605 Abner Dr	0.63mi	3/2.0	1,329 (-7%)	2mo	$80,000	$60	55
4826 French Dr	0.44mi	3/3.0	1,313 (-8%)	6mo	$108,000	$82	54
4814 French Dr	0.44mi	3/2.0	1,261 (-12%)	4mo	$90,000	$71	54
4410 Marie St	0.68mi	2/2.0 (-1)	1,457 (+2%)	7mo	$253,900	$174	53
4313 Driftwood Pl	0.71mi	4/2.0 (+1)	1,522 (+6%)	5mo	$250,000	$164	46
3606 Marion St	0.59mi	3/2.0	1,262 (-12%)	6mo	$165,000	$131	45
4822 Trinity Dr	0.49mi	4/2.0 (+1)	1,640 (+14%)	4mo	$249,500	$152	43

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 · 7.91% rent growth · sell at horizon

5-year hold

• IRR: 1.7%
• Equity multiple: 1.07×
• Total profit: $2,297
• Equity at exit: $17,892

10-year hold

• IRR: 16.3%
• Equity multiple: 2.69×
• Total profit: $56,655
• Equity at exit: $10,375

Cash invested: $33,600 (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 78411

• Rents YoY: 7.9%
• Active inventory: 142
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,557 high
• Mortgage (P&I): −$629
• Tax from tax record: −$338 /mo · $4,055/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$327
• Net cashflow: $212

Break-even live

Break-even rent $1,288

Max offer price $119,999

Occupancy floor 81%

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4002 McArdle Rd Corpus Christi, TX	3.0	1.0	1018	$1,095	$1.08	14d	1	0.08mi
4717 Edith St Unit 1268436P Corpus Christi, TX	4.0	2.0	1496	$4,708	$3.15	44d	1	0.23mi
4634 Weir Dr Corpus Christi, TX	3.0	2.0	1540	$1,800	$1.17	44d	1	0.29mi
3738 Marion St Corpus Christi, TX	3.0	1.0	1100	$1,295	$1.18	44d	1	0.38mi
4845 Concord St Corpus Christi, TX	4.0	2.0	1437	$1,750	$1.22	14d	1	0.42mi
4830 French Dr Corpus Christi, TX	3.0	2.0	1299	$1,700	$1.31	14d	1	0.46mi
3936 Brushwood Ln Corpus Christi, TX	2.0	1.0	900	$925	$1.03	44d	1	0.48mi
4817 Lavaca Dr Unit 1 Corpus Christi, TX	2.0	1.0	1746	$1,195	$0.68	21d	1	0.53mi
4813 Lavaca Dr Unit 2 Corpus Christi, TX	2.0	1.0	1746	$1,095	$0.63	44d	1	0.53mi
4813 Lavaca Dr Unit 1 Corpus Christi, TX	2.0	1.0	1746	$1,195	$0.68	21d	1	0.53mi
4942 Anthony St Corpus Christi, TX	3.0	1.0	1014	$1,595	$1.57	14d	1	0.53mi
4805 Lavaca Dr Unit 1 Corpus Christi, TX	2.0	1.0	1030	$1,300	$1.26	21d	1	0.54mi
4822 Mokry Dr Corpus Christi, TX	2.0	1.0	903	$1,200	$1.33	21d	1	0.62mi
4006 Panama Dr Corpus Christi, TX	3.0	2.0	1816	$1,949	$1.07	21d	1	0.73mi
4013 Kingston Dr Corpus Christi, TX	3.0	2.0	1451	$2,500	$1.72	44d	1	0.82mi
4502 Corona Dr Corpus Christi, TX	1.0–2.0	1.0–2.0	855	$1,000	$1.17	14d	1	0.82mi
4402 Sutton Ln Corpus Christi, TX	4.0	2.0	1850	$2,100	$1.14	14d	1	0.94mi
4022 Montego Dr Corpus Christi, TX	2.0	1.0	1070	$850	$0.79	44d	1	0.96mi
3942 Holly Rd Corpus Christi, TX	1.0–2.0	1.0–2.0	870	$1,112	$1.28	14d	11	1.02mi
4018 Holly Rd Unit 08 Corpus Christi, TX	2.0	1.0	1070	$895	$0.84	44d	1	1.03mi
4014 Holly Rd Unit 02 Corpus Christi, TX	2.0	1.0	1070	$895	$0.84	44d	1	1.03mi
802 Barry St Corpus Christi, TX	2.0	1.5	1102	$1,529	$1.39	44d	1	1.04mi
4110 Grossman Dr Unit B Corpus Christi, TX	3.0	2.0	1228	$1,500	$1.22	44d	1	1.06mi
3729 La Paz Dr Unit 3729 Corpus Christi, TX	2.0	1.0	1813	$1,350	$0.74	44d	1	1.08mi
3715 La Paz Dr Corpus Christi, TX	2.0	1.0	906	$1,295	$1.43	14d	1	1.09mi
929 Dolphin Pl Corpus Christi, TX	3.0	2.0	1508	$2,095	$1.39	21d	1	1.10mi
3620 La Paz Dr Corpus Christi, TX	2.0	1.0	875	$1,195	$1.37	14d	1	1.12mi
3619 La Paz Dr Corpus Christi, TX	2.0	1.0	903	$1,195	$1.32	21d	1	1.15mi
4040 Schanen Blvd Corpus Christi, TX	1.0–2.0	1.0–2.0	772	$774	$1.00	44d	15	1.17mi
4801 Lansdown Dr Corpus Christi, TX	3.0	2.0	1242	$1,525	$1.23	14d	1	1.18mi
4322 Kostoryz Rd Corpus Christi, TX	2.0	1.5	1100	$1,259	$1.14	44d	1	1.21mi
5002 Bevly Dr Unit A Corpus Christi, TX	3.0	2.0	1400	$1,499	$1.07	21d	1	1.23mi
1410 Ray Dr Corpus Christi, TX	3.0	1.0	1224	$1,600	$1.31	14d	1	1.25mi
625 Catalina Pl Corpus Christi, TX	3.0	2.0	1750	$2,100	$1.20	14d	1	1.28mi
722 Collingswood Dr Corpus Christi, TX	3.0	1.5	1318	$1,595	$1.21	14d	1	1.36mi
3803 Caravelle Pkwy Corpus Christi, TX	2.0	1.0–2.0	816	$1,040	$1.27	14d	57	1.37mi
4114 Cork Dr Corpus Christi, TX	3.0	2.0	1296	$1,595	$1.23	14d	1	1.38mi
4818 Kendall Dr Corpus Christi, TX	2.0	1.0	1169	$1,250	$1.07	14d	1	1.46mi
4406 Donegal Dr Corpus Christi, TX	3.0	2.0	1338	$1,800	$1.35	14d	1	1.47mi
749 Ashland Dr Corpus Christi, TX	3.0	1.0	1179	$1,550	$1.31	44d	1	1.48mi

Listing history 21 events

1. 2026-04-24
   status Pending
2. 2026-04-15
   listed $119,999 Active
3. 2019-04-19
   historical 368-char remark

   Show marketing remark (368 chars)

   Perfect starter home! This 3 bedroom, 1 and a half bath charmer has original hardwood floors and laminate floors throughout. Two living areas and decent size bedrooms. Master has a half bath. New paint and some new fixtures through out. Very clean and in great condition! Roof replaced in 2015 and a complete re-route was completed on the plumbing system October 2018.

4. 2019-04-17
   soldstatus Closed 368-char remark

   Show marketing remark (368 chars)

   Perfect starter home! This 3 bedroom, 1 and a half bath charmer has original hardwood floors and laminate floors throughout. Two living areas and decent size bedrooms. Master has a half bath. New paint and some new fixtures through out. Very clean and in great condition! Roof replaced in 2015 and a complete re-route was completed on the plumbing system October 2018.

5. 2019-04-17
   soldstatus

   Show marketing remark (368 chars)

   Perfect starter home! This 3 bedroom, 1 and a half bath charmer has original hardwood floors and laminate floors throughout. Two living areas and decent size bedrooms. Master has a half bath. New paint and some new fixtures through out. Very clean and in great condition! Roof replaced in 2015 and a complete re-route was completed on the plumbing system October 2018.

6. 2019-03-11
   status Pending 368-char remark

   Show marketing remark (368 chars)

   Perfect starter home! This 3 bedroom, 1 and a half bath charmer has original hardwood floors and laminate floors throughout. Two living areas and decent size bedrooms. Master has a half bath. New paint and some new fixtures through out. Very clean and in great condition! Roof replaced in 2015 and a complete re-route was completed on the plumbing system October 2018.

7. 2019-02-28
   historical Option Period 368-char remark

   Show marketing remark (368 chars)

   Perfect starter home! This 3 bedroom, 1 and a half bath charmer has original hardwood floors and laminate floors throughout. Two living areas and decent size bedrooms. Master has a half bath. New paint and some new fixtures through out. Very clean and in great condition! Roof replaced in 2015 and a complete re-route was completed on the plumbing system October 2018.

8. 2019-02-19
   listed $139,900 Active 368-char remark

   Show marketing remark (368 chars)

   Perfect starter home! This 3 bedroom, 1 and a half bath charmer has original hardwood floors and laminate floors throughout. Two living areas and decent size bedrooms. Master has a half bath. New paint and some new fixtures through out. Very clean and in great condition! Roof replaced in 2015 and a complete re-route was completed on the plumbing system October 2018.

9. 2019-02-01
   historical
10. 2018-11-30
    price $144,900
11. 2018-11-30
    status Active
12. 2018-10-19
    status Pending
13. 2018-10-09
    historical Option Period
14. 2018-09-09
    price $140,900
15. 2018-08-06
    listed $145,900 Active
16. 2007-07-16
    soldstatus
17. 2006-06-15
    listed $94,500
18. 2001-01-05
    soldstatus
19. 2001-01-05
    soldstatus $61,500
20. 2000-08-21
    listed $65,000
21. 2000-08-18
    listed $68,000

ⓘ 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: $4,055 · $338/mo
• Projected year-2 tax: $4,055 · $338/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 6/10 Major FEMA zone X (unshaded) · 86% 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: $18,679
• − Mortgage interest: −$6,722
• − Property taxes: −$4,055
• − Insurance: −$600
• − Repairs & maintenance: −$1,494
• − Management: −$1,494
• − Depreciation: −$3,491
• Taxable income: $822
• Est. tax owed @ 24.0%: −$197
• After-tax cash flow: $2,352/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): 23,682
• Household income: $57,742
• Rent vs Own: 40.4% rent · 59.6% own
• Severe rent burden: 1284.0

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 (58%)
• Race & ethnicity: Hispanic / Latino 58% White 35% Two or more races 29% Black 3% Asian 2%
• Hispanic origin (detail): Mexican 51%
• Common ancestry: Slovak 2% Italian 1% Serbian 1%
• Foreign-born: 6% · Canada
• Languages at home: 75% English-only · Spanish 23% 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: ▼ -265.71%
• Current HPI: 191.7201
• Rent YoY: ▲ 7.91%
• 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

+76.5% since first listed

21 events — show timeline

• 2026-04-24 Pending — CBMLS
• 2026-04-15 Listed $119,999 CBMLS
• 2019-04-19 Delisted — CBMLS
• 2019-04-17 Sold (Public Records) — Public Records
• 2019-04-17 Sold (MLS) — CBMLS
• 2019-03-11 Pending — CBMLS
• 2019-02-28 Contingent — CBMLS
• 2019-02-19 Listed $139,900 CBMLS
• 2019-02-01 Delisted — CBMLS
• 2018-11-30 Price Changed $144,900 CBMLS
• 2018-11-30 Relisted — CBMLS
• 2018-10-19 Pending — CBMLS
• 2018-10-09 Contingent — CBMLS
• 2018-09-09 Price Changed $140,900 CBMLS
• 2018-08-06 Listed $145,900 CBMLS
• 2007-07-16 Sold (Public Records) — Public Records
• 2006-06-15 Listed $94,500 CBMLS
• 2001-01-05 Sold (Public Records) $61,500 Public Records
• 2001-01-05 Sold (MLS) — CBMLS
• 2000-08-21 Listed $65,000 CBMLS
• 2000-08-18 Listed $68,000 CBMLS

Property tax history

+5.4%/yr

Latest (2025): $4,055 · -4.6% YoY. Source: county tax records.