1453 14th St · Corpus Christi, TX 78404

$147,000

3 bd · 2.0 ba · 1,432 sqft · SingleFamily public records · 150 Days on market

Built 1941 6,251 sqft lot $103/sqft · 11% above area Est $133k · 11% over

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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 +16.2/30.0
• 1% rule +5.5/10.0
• DSCR +5.0/10.0
• Livability +3.9/5.0
• Rent growth +3.0/5.0
• Schools +2.8/10.0
• ARV discount +2.7/15.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Three bedroom two bath house with split floor plan, two living areas, covered parking, and a two car garage. Front door opens up to spacious living area open to the kitchen. Galley kitchen with updated cabinets leads you to a casual dining area with buffet. Dining overlooks the seconf living room or den and bonus room with access to covered patio and parking. Primary suite tucked away int he back of the house with stand up shower. Two bedrooms and a bathroom off the front living area faces the driveway. Both bedrooms are a nize size and allow for plenty of furniture and natural light. Hall bath boasts a walk in shower and pedestal sink. New HVAC replaced 2022. Quick commute to grocery, restaurants, schools, parks, and so much more. Call a Realtor today to schedule a showing.

Key facts

• 6,251 sq ft lot
• 2 garage spots
• Built 1941

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $147k.

Deal economics

• At list price, monthly cash flow is $79 ($945/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $147k).
• Recommended offer: $129k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.9% 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); 141 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,397 units permitted in Nueces County in 2024 (47 in 5+ unit buildings).
• This rent runs 30% of the median local income ($61k/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 $1k 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.

Negotiation context

• It's been on market 150 days — a 12% lower offer ($129k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 7y ago; this cycle's ask is 9700% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: property tax is 2.5% of price; built in 1941 — expect roof / HVAC / electrical / plumbing capex.
• 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 $129,360 (12.0% below list)

Questions for the listing agent

1. It's been on market 150 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 1941 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
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: 1.05% ✓
• Cap rate: 6.94%
• Cash-on-cash: 2.30%
• DSCR: 1.10
• GRM: 7.9

CMA / ARV

• ARV (median comp): $132,812
• List price: $147,000
• Delta: 10.68%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2502 Lynch St	0.34mi	3/2.0	1,425 (-0%)	3mo	$235,000	$165	81
1725 15th St	0.43mi	3/2.5	1,447 (+1%)	2mo	$190,000	$131	75
311 Clifford St	0.67mi	3/1.0	1,400 (-2%)	2mo	$118,000	$84	59
1652 16th St	0.33mi	4/2.0 (+1)	1,260 (-12%)	2mo	$170,000	$135	58
1320 Hancock Ave	0.48mi	3/2.0	1,280 (-11%)	4mo	$218,000	$170	56
915 Craig St	0.49mi	3/2.0	1,263 (-12%)	2mo	$229,000	$181	56
2617 David St	0.62mi	3/2.0	1,529 (+7%)	6mo	$100,000	$65	54
810 Craig St	0.58mi	2/2.0 (-1)	1,368 (-4%)	7mo	$129,995	$95	54
641 Naples St	0.68mi	2/2.0 (-1)	1,376 (-4%)	4mo	$205,000	$149	54
1210 Morris St	0.66mi	3/1.0	1,330 (-7%)	3mo	$47,500	$36	51
532 S 19th St	0.74mi	3/2.0	1,288 (-10%)	4mo	$199,000	$155	46
622 Atlantic St	0.70mi	2/1.0 (-1)	1,260 (-12%)	2mo	$110,000	$87	37

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 · 1.87% rent growth · sell at horizon

5-year hold

• IRR: -14.0%
• Equity multiple: 0.50×
• Total profit: $-20,440
• Equity at exit: $21,918

10-year hold

• IRR: -7.2%
• Equity multiple: 0.57×
• Total profit: $-17,893
• Equity at exit: $12,710

Cash invested: $41,160 (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 78404

• Rents YoY: 1.9%
• Active inventory: 141
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,542 high
• Mortgage (P&I): −$771
• Tax from tax record: −$307 /mo · $3,690/yr
• Insurance: −$61
• HOA: −$0
• Vacancy / Maint / Mgmt: −$324
• Net cashflow: $79

Break-even live

Break-even rent $1,443

Max offer price $147,000

Occupancy floor 90%

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: $36,750
• Closing costs: $4,410
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1634 14th St Corpus Christi, TX	2.0	1.5	980	$1,090	$1.11	43d	1	0.30mi
1525 S 19th St Unit B Corpus Christi, TX	3.0	2.0	1062	$2,100	$1.98	13d	1	0.30mi
1628 18th St Corpus Christi, TX	2.0	1.0	1112	$1,000	$0.90	43d	1	0.32mi
1107 14th St Corpus Christi, TX	4.0	1.5	1520	$1,300	$0.86	43d	1	0.33mi
2622 Cloyde St Corpus Christi, TX	2.0	1.0	1693	$1,150	$0.68	43d	1	0.47mi
1318 6th St Corpus Christi, TX	2.0	1.0	900	$900	$1.00	13d	1	0.50mi
426 Palmero St Corpus Christi, TX	3.0	2.0	1720	$1,350	$0.78	43d	1	0.50mi
1802 16th St Unit B Corpus Christi, TX	3.0	1.0	1575	$1,000	$0.63	43d	1	0.53mi
801 S Alameda St Unit A Corpus Christi, TX	2.0	1.0	1760	$900	$0.51	43d	1	0.59mi
616 16th St Unit A Corpus Christi, TX	3.0	1.0	1040	$1,050	$1.01	43d	1	0.62mi
826 Hancock Ave Unit 2 Corpus Christi, TX	2.0	1.0	1000	$950	$0.95	21d	1	0.63mi
2402 Segrest St Corpus Christi, TX	2.0	1.0	1120	$825	$0.74	21d	1	0.65mi
2522 Cleo St Corpus Christi, TX	3.0	1.0	992	$1,350	$1.36	13d	1	0.66mi
813 Furman Ave Apt 1 Corpus Christi, TX	3.0	2.0	1430	$1,475	$1.03	13d	1	0.69mi
1117 Ocean Dr Unit B Corpus Christi, TX	2.0	1.0	1543	$3,000	$1.94	43d	1	0.79mi
522 Hancock Ave Unit 1-319 Corpus Christi, TX	2.0	2.0	1133	$1,625	$1.43	21d	1	0.80mi
1722 Trenton Dr Corpus Christi, TX	4.0	2.0	1432	$2,100	$1.47	13d	1	0.80mi
522 Hancock Ave Corpus Christi, TX	1.0–2.0	1.0–2.0	915	$2,000	$2.18	13d	10	0.81mi
802 S Carancahua St Corpus Christi, TX	2.0	1.0–2.0	869	$1,770	$2.04	13d	68	0.87mi
823 S Water St Corpus Christi, TX	2.0	2.0	1243	$2,000	$1.61	13d	1	0.87mi
455 Louisiana Ave Corpus Christi, TX	2.0	1.0	1528	$3,000	$1.96	21d	1	0.91mi
1201 York Ave Corpus Christi, TX	3.0	1.0	888	$1,550	$1.75	21d	1	1.02mi
443 Indiana Ave Corpus Christi, TX	2.0	1.0	968	$1,650	$1.70	43d	1	1.03mi
110 Josephine St Corpus Christi, TX	3.0	2.0	1050	$2,000	$1.90	43d	1	1.06mi
332 Rosebud Ave Corpus Christi, TX	2.0	1.0	942	$1,150	$1.22	21d	1	1.16mi
309 Rosebud Ave Unit D Corpus Christi, TX	2.0	1.0	882	$1,100	$1.25	21d	1	1.20mi
2837 Santa Fe St Unit 2 Corpus Christi, TX	2.0	1.0	1030	$1,300	$1.26	13d	1	1.23mi
200 Clemmer St Unit A Corpus Christi, TX	3.0	1.0	950	$1,199	$1.26	43d	1	1.23mi
2245 Comanche St Unit A Corpus Christi, TX	3.0	1.0	1016	$1,350	$1.33	21d	1	1.24mi
225 Watson St Corpus Christi, TX	3.0	1.0	1472	$1,295	$0.88	43d	1	1.34mi
1405 Annapolis Dr Corpus Christi, TX	3.0	1.5	1502	$2,000	$1.33	13d	1	1.50mi

Listing history 41 events

1. 2026-06-14
   days on market $147,000 Active 150 DOM
2. 2026-06-10
   days on market $147,000 Active 147 DOM
3. 2026-06-09
   days on market $147,000 Active 146 DOM
4. 2026-06-08
   days on market $147,000 Active 145 DOM
5. 2026-06-07
   days on market $147,000 Active 144 DOM
6. 2026-06-05
   days on market $147,000 Active 141 DOM
7. 2026-06-03
   days on market $147,000 Active 140 DOM
8. 2026-06-02
   days on market $147,000 Active 139 DOM
9. 2026-06-01
   days on market $147,000 Active 138 DOM
10. 2026-05-31
    days on market $147,000 Active 137 DOM
11. 2026-05-30
    days on market $147,000 Active 136 DOM
12. 2026-02-27
    historical $1,530
13. 2026-02-13
    price $1,530
14. 2026-02-05
    listed $1,500
15. 2026-01-30
    price $147,000 786-char remark

    Show marketing remark (786 chars)

    Three bedroom two bath house with split floor plan, two living areas, covered parking, and a two car garage. Front door opens up to spacious living area open to the kitchen. Galley kitchen with updated cabinets leads you to a casual dining area with buffet. Dining overlooks the seconf living room or den and bonus room with access to covered patio and parking. Primary suite tucked away int he back of the house with stand up shower. Two bedrooms and a bathroom off the front living area faces the driveway. Both bedrooms are a nize size and allow for plenty of furniture and natural light. Hall bath boasts a walk in shower and pedestal sink. New HVAC replaced 2022. Quick commute to grocery, restaurants, schools, parks, and so much more. Call a Realtor today to schedule a showing.

16. 2026-01-14
    listed $157,000 Active 786-char remark

    Show marketing remark (786 chars)

    Three bedroom two bath house with split floor plan, two living areas, covered parking, and a two car garage. Front door opens up to spacious living area open to the kitchen. Galley kitchen with updated cabinets leads you to a casual dining area with buffet. Dining overlooks the seconf living room or den and bonus room with access to covered patio and parking. Primary suite tucked away int he back of the house with stand up shower. Two bedrooms and a bathroom off the front living area faces the driveway. Both bedrooms are a nize size and allow for plenty of furniture and natural light. Hall bath boasts a walk in shower and pedestal sink. New HVAC replaced 2022. Quick commute to grocery, restaurants, schools, parks, and so much more. Call a Realtor today to schedule a showing.

17. 2025-08-13
    price $157,000
18. 2025-04-23
    listed $167,000 Active
19. 2022-12-15
    price $240,000
20. 2022-12-07
    status Active
21. 2022-05-11
    historical
22. 2022-05-11
    price $250,000
23. 2022-03-31
    listed $150,000 Active
24. 2021-10-08
    soldstatus
25. 2020-03-18
    historical
26. 2020-03-09
    listed $110,000 Active
27. 2020-03-06
    historical
28. 2020-03-05
    soldstatus
29. 2020-03-04
    soldstatus Closed
30. 2020-02-17
    status Pending
31. 2020-02-10
    historical Active Under Contract
32. 2020-01-20
    status Active
33. 2020-01-19
    status Pending
34. 2020-01-13
    historical Option Period
35. 2019-12-04
    price $79,900
36. 2019-11-07
    price $89,900
37. 2019-10-18
    price $100,000
38. 2019-10-01
    price $110,000
39. 2019-09-17
    status Active
40. 2019-09-16
    historical Option Period
41. 2019-08-28
    listed $125,000 Active

ⓘ 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: $3,690 · $307/mo
• Projected year-2 tax: $3,690 · $307/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 1/10 Low
• 🌡 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: $18,507
• − Mortgage interest: −$8,234
• − Property taxes: −$3,690
• − Insurance: −$735
• − Repairs & maintenance: −$1,481
• − Management: −$1,481
• − Depreciation: −$4,276
• Taxable loss: −$1,390
• Est. tax savings @ 24.0%: +$334
• After-tax cash flow: $1,278/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): 12,635
• Household income: $61,280
• Rent vs Own: 43.2% rent · 56.8% own
• Severe rent burden: 596.0

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 (62%)
• Race & ethnicity: Hispanic / Latino 62% White 32% Two or more races 29% Black 4%
• Hispanic origin (detail): Mexican 56%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 1%
• Foreign-born: 9% · Canada
• Languages at home: 61% English-only · Spanish 39%

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: ▼ -211.10%
• Current HPI: 177.4759
• Rent YoY: ▲ 1.87%
• 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

-98.8% since first listed

30 events — show timeline

• 2026-02-27 Rental Removed $1,530 TURBOTENANT
• 2026-02-13 Price Changed $1,530 TURBOTENANT
• 2026-02-05 Listed for Rent $1,500 TURBOTENANT
• 2026-01-30 Price Changed $147,000 CBMLS
• 2026-01-14 Listed $157,000 CBMLS
• 2025-08-13 Price Changed $157,000 CBMLS
• 2025-04-23 Listed $167,000 CBMLS
• 2022-12-15 Price Changed $240,000 CBMLS
• 2022-12-07 Relisted — CBMLS
• 2022-05-11 Price Changed $250,000 CBMLS
• 2022-05-11 Delisted — CBMLS
• 2022-03-31 Listed $150,000 CBMLS
• 2021-10-08 Sold (Public Records) — Public Records
• 2020-03-18 Delisted — CBMLS
• 2020-03-09 Listed $110,000 CBMLS
• 2020-03-06 Delisted — CBMLS
• 2020-03-05 Sold (Public Records) — Public Records
• 2020-03-04 Sold (MLS) — CBMLS
• 2020-02-17 Pending — CBMLS
• 2020-02-10 Contingent — CBMLS
• 2020-01-20 Relisted — CBMLS
• 2020-01-19 Pending — CBMLS
• 2020-01-13 Contingent — CBMLS
• 2019-12-04 Price Changed $79,900 CBMLS
• 2019-11-07 Price Changed $89,900 CBMLS
• 2019-10-18 Price Changed $100,000 CBMLS
• 2019-10-01 Price Changed $110,000 CBMLS
• 2019-09-17 Relisted — CBMLS
• 2019-09-16 Contingent — CBMLS
• 2019-08-28 Listed $125,000 CBMLS

Property tax history

+6.4%/yr

Latest (2025): $3,690 · +22.1% YoY. Source: county tax records.