142 Fannin St · Corpus Christi, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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 +21.9/30.0
- ARV discount +13.3/15.0
- DSCR +7.0/10.0
- 1% rule +6.3/10.0
- Livability +3.9/5.0
- Rent growth +3.1/5.0
- Schools +2.8/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$136,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Three bedroom, two bath, home has been recently updated with modern paint, fixtures and flooring under $200k! Very spacious at almost 1300 square feet, the home also boasts large common areas, bedrooms, plenty of counter and cabinet storage space. The double corner lot offers plenty of parking for entertaining and a large back yard for future additions such as a jungle gyms, trampoline or a fire pit. The home has had an entire re-roof in 2019, recent installation of HVAC compressor and passing hydrostatic test in 2026. The current tenants are using window units as their preference. Fannin has been an income producing rental for the past year, seller has never occupied the property. Whether you'll be investing or ready to make this your new home, the great location, proximity to schools, grocery stores and parks make this one that you don't want to miss!
Key facts
- Proximity to schools
- Proximity to parks
- Double corner lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $137k.
Deal economics
- At list price, monthly cash flow is $216 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $137k).
- Recommended offer: $125k (9.0% below list) — sets the bar for market timing.
- Cap rate 8.2% 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 (+2.3%/yr); 434 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% 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 34% of the median local income ($55k/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 $946 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 99 days — a 9% lower offer ($125k) is reasonable based on typical stale-listing flexibility.
- 12 sale attempts since 22y ago; this cycle's ask has dropped $13k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 99 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.13% ✓
- Cap rate
- 8.19%
- Cash-on-cash
- 6.77%
- DSCR
- 1.30
- GRM
- 7.4
CMA / ARV
- ARV (median comp)
- $157,061
- List price
- $136,900
- Delta
- -12.84%
- 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 |
|---|---|---|---|---|---|---|---|
| 126 Fannin St | 0.04mi | 3/2.0 | 1,302 (+2%) | 14mo | $70,000 | $54 | 83 |
| 201 Adams Dr | 0.18mi | 3/2.0 | 1,270 (-0%) | 15mo | $215,000 | $169 | 78 |
| 3953 Naples St | 0.38mi | 3/2.0 | 1,290 (+1%) | 8mo | $139,000 | $108 | 74 |
| 1302 York Ave | 0.29mi | 3/2.0 | 1,169 (-8%) | 4mo | $99,999 | $86 | 69 |
| 1233 Brentwood Dr | 0.52mi | 3/1.0 | 1,229 (-4%) | 6mo | $199,000 | $162 | 60 |
| 1541 Clodah Dr | 0.66mi | 3/1.5 | 1,255 (-2%) | 6mo | $178,000 | $142 | 60 |
| 4026 W Vanderbilt Dr | 0.44mi | 4/3.0 (+1) | 1,412 (+11%) | 3mo | $159,900 | $113 | 50 |
| 1214 Cambridge Dr | 0.62mi | 3/2.0 | 1,400 (+10%) | 11mo | $219,999 | $157 | 46 |
| 1650 Green Grove Dr | 0.70mi | 3/2.0 | 1,418 (+11%) | 4mo | $99,950 | $70 | 45 |
| 1522 Clodah Dr | 0.66mi | 2/1.5 (-1) | 1,203 (-6%) | 10mo | $128,200 | $107 | 44 |
| 1302 Brentwood Dr | 0.51mi | 3/1.0 | 1,104 (-14%) | 9mo | $145,000 | $131 | 42 |
| 4122 Christie St | 0.62mi | 2/1.0 (-1) | 1,100 (-14%) | 3mo | $59,000 | $54 | 36 |
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 · 2.32% rent growth · sell at horizon
- IRR
- -6.7%
- Equity multiple
- 0.75×
- Total profit
- $-9,397
- Equity at exit
- $20,412
- IRR
- 2.1%
- Equity multiple
- 1.14×
- Total profit
- $5,548
- Equity at exit
- $11,837
Cash invested: $38,332 (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
ZIP-level market 78415
- Rents YoY
- 2.3%
- Active inventory
- 434
- Price-to-rent
- 7.4×
Monthly cashflow live
- Estimated rent
- $1,543 high interval (Pro) →
- Mortgage (P&I)
- −$718
- Tax from tax record
- −$228 /mo · $2,736/yr
- Insurance
- −$57
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$324
- Net cashflow
- $216
Break-even live
Sensitivity live
| Price | -10% $294 | -5% $255 | +0% $216 | +5% $178 | +10% $139 |
|---|---|---|---|---|---|
| Rent | -10% $94 | -5% $155 | +0% $216 | +5% $277 | +10% $338 |
| Rate | -1.0pp $285 | -0.5pp $251 | base $216 | +0.5pp $181 | +1.0pp $145 |
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
- $34,225
- Closing costs
- $4,107
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 31 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 225 Watson St Corpus Christi, TX | 3.0 | 1.0 | 1472 | $1,295 | $0.88 | 44d | 1 | 0.08mi |
| 200 Clemmer St Unit A Corpus Christi, TX | 3.0 | 1.0 | 950 | $1,199 | $1.26 | 44d | 1 | 0.12mi |
| 1405 Annapolis Dr Corpus Christi, TX | 3.0 | 1.5 | 1502 | $2,000 | $1.33 | 14d | 1 | 0.40mi |
| 1446 Annapolis Dr Corpus Christi, TX | 3.0 | 2.0 | 1500 | $1,700 | $1.13 | 44d | 1 | 0.44mi |
| 1201 York Ave Corpus Christi, TX | 3.0 | 1.0 | 888 | $1,550 | $1.75 | 22d | 1 | 0.44mi |
| 1522 Cambridge Dr Corpus Christi, TX | 3.0 | 1.5 | 1278 | $1,600 | $1.25 | 44d | 1 | 0.54mi |
| 1722 Trenton Dr Corpus Christi, TX | 4.0 | 2.0 | 1432 | $2,100 | $1.47 | 14d | 1 | 0.67mi |
| 4005 Green Grove Dr Corpus Christi, TX | 3.0 | 2.0 | 1406 | $1,695 | $1.21 | 44d | 1 | 0.71mi |
| 2106 Harvard St Corpus Christi, TX | 3.0 | 1.0 | 912 | $1,225 | $1.34 | 44d | 1 | 0.83mi |
| 2041 Harvard St Corpus Christi, TX | 3.0 | 2.0 | 1230 | $1,400 | $1.14 | 14d | 1 | 0.86mi |
| 4241 Green Grove Dr Corpus Christi, TX | 3.0 | 2.0 | 1345 | $1,700 | $1.26 | 44d | 1 | 0.88mi |
| 4326 Vestal St Corpus Christi, TX | 3.0 | 1.0 | 984 | $1,125 | $1.14 | 14d | 1 | 0.89mi |
| 1837 Horne Rd Corpus Christi, TX | 3.0 | 2.0 | 1226 | $1,800 | $1.47 | 44d | 1 | 0.89mi |
| 2622 Cloyde St Corpus Christi, TX | 2.0 | 1.0 | 1693 | $1,150 | $0.68 | 44d | 1 | 0.92mi |
| 1802 16th St Unit B Corpus Christi, TX | 3.0 | 1.0 | 1575 | $1,000 | $0.63 | 44d | 1 | 0.97mi |
| 1628 18th St Corpus Christi, TX | 2.0 | 1.0 | 1112 | $1,000 | $0.90 | 44d | 1 | 1.02mi |
| 1525 S 19th St Unit B Corpus Christi, TX | 3.0 | 2.0 | 1062 | $2,100 | $1.98 | 14d | 1 | 1.08mi |
| 3314 Casa de Palmas Dr Corpus Christi, TX | 3.0 | 2.0 | 1869 | $2,300 | $1.23 | 14d | 1 | 1.09mi |
| 455 Louisiana Ave Corpus Christi, TX | 2.0 | 1.0 | 1528 | $3,000 | $1.96 | 22d | 1 | 1.19mi |
| 1634 14th St Corpus Christi, TX | 2.0 | 1.5 | 980 | $1,090 | $1.11 | 44d | 1 | 1.19mi |
| 443 Indiana Ave Corpus Christi, TX | 2.0 | 1.0 | 968 | $1,650 | $1.70 | 44d | 1 | 1.22mi |
| 2522 Cleo St Corpus Christi, TX | 3.0 | 1.0 | 992 | $1,350 | $1.36 | 14d | 1 | 1.23mi |
| 4322 Kostoryz Rd Corpus Christi, TX | 2.0 | 1.5 | 1100 | $1,259 | $1.14 | 44d | 1 | 1.23mi |
| 1410 Ray Dr Corpus Christi, TX | 3.0 | 1.0 | 1224 | $1,600 | $1.31 | 14d | 1 | 1.28mi |
| 2402 Segrest St Corpus Christi, TX | 2.0 | 1.0 | 1120 | $825 | $0.74 | 22d | 1 | 1.36mi |
| 332 Rosebud Ave Corpus Christi, TX | 2.0 | 1.0 | 942 | $1,150 | $1.22 | 22d | 1 | 1.38mi |
| 426 Palmero St Corpus Christi, TX | 3.0 | 2.0 | 1720 | $1,350 | $0.78 | 44d | 1 | 1.39mi |
| 309 Rosebud Ave Unit D Corpus Christi, TX | 2.0 | 1.0 | 882 | $1,100 | $1.25 | 22d | 1 | 1.43mi |
| 2837 Santa Fe St Unit 2 Corpus Christi, TX | 2.0 | 1.0 | 1030 | $1,300 | $1.26 | 14d | 1 | 1.45mi |
| 3333 S Alameda St Corpus Christi, TX | 3.0 | 2.0 | 1000 | $1,149 | $1.15 | 44d | 1 | 1.47mi |
| 4818 Kendall Dr Corpus Christi, TX | 2.0 | 1.0 | 1169 | $1,250 | $1.07 | 14d | 1 | 1.50mi |
Listing history 50 events
-
2026-06-21days on market $136,900 Active 99 DOM
-
2026-06-18days on market $136,900 Active 96 DOM
-
2026-06-17days on market $136,900 Active 95 DOM
-
2026-06-16days on market $136,900 Active 94 DOM
-
2026-06-15days on market $136,900 Active 93 DOM
-
2026-06-14days on market $136,900 Active 91 DOM
-
2026-06-10days on market $136,900 Active 88 DOM
-
2026-06-09days on market $136,900 Active 87 DOM
-
2026-06-08days on market $136,900 Active 86 DOM
-
2026-06-07days on market $136,900 Active 85 DOM
-
2026-06-05days on market $136,900 Active 82 DOM
-
2026-06-03days on market $136,900 Active 81 DOM
-
2026-06-02days on market $136,900 Active 80 DOM
-
2026-06-01days on market $136,900 Active 79 DOM
-
2026-05-31days on market $136,900 Active 78 DOM
-
2026-05-30days on market $136,900 Active 77 DOM
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2026-05-15price $136,900 865-char remark
Show marketing remark (865 chars)
Three bedroom, two bath, home has been recently updated with modern paint, fixtures and flooring under $200k! Very spacious at almost 1300 square feet, the home also boasts large common areas, bedrooms, plenty of counter and cabinet storage space. The double corner lot offers plenty of parking for entertaining and a large back yard for future additions such as a jungle gyms, trampoline or a fire pit. The home has had an entire re-roof in 2019, recent installation of HVAC compressor and passing hydrostatic test in 2026. The current tenants are using window units as their preference. Fannin has been an income producing rental for the past year, seller has never occupied the property. Whether you'll be investing or ready to make this your new home, the great location, proximity to schools, grocery stores and parks make this one that you don't want to miss!
-
2026-04-03price $141,900 865-char remark
Show marketing remark (865 chars)
Three bedroom, two bath, home has been recently updated with modern paint, fixtures and flooring under $200k! Very spacious at almost 1300 square feet, the home also boasts large common areas, bedrooms, plenty of counter and cabinet storage space. The double corner lot offers plenty of parking for entertaining and a large back yard for future additions such as a jungle gyms, trampoline or a fire pit. The home has had an entire re-roof in 2019, recent installation of HVAC compressor and passing hydrostatic test in 2026. The current tenants are using window units as their preference. Fannin has been an income producing rental for the past year, seller has never occupied the property. Whether you'll be investing or ready to make this your new home, the great location, proximity to schools, grocery stores and parks make this one that you don't want to miss!
-
2026-03-13$149,900 Active 865-char remark
Show marketing remark (865 chars)
Three bedroom, two bath, home has been recently updated with modern paint, fixtures and flooring under $200k! Very spacious at almost 1300 square feet, the home also boasts large common areas, bedrooms, plenty of counter and cabinet storage space. The double corner lot offers plenty of parking for entertaining and a large back yard for future additions such as a jungle gyms, trampoline or a fire pit. The home has had an entire re-roof in 2019, recent installation of HVAC compressor and passing hydrostatic test in 2026. The current tenants are using window units as their preference. Fannin has been an income producing rental for the past year, seller has never occupied the property. Whether you'll be investing or ready to make this your new home, the great location, proximity to schools, grocery stores and parks make this one that you don't want to miss!
-
2025-02-12soldstatus Closed 453-char remark
Show marketing remark (453 chars)
This home is situated on a spacious double corner lot between Fannin St and Norton St. 142 Fannin St is your opportunity for a renovation project -- a fix and flip or add it to your investment portfolio for long-term renting. This 3 bedroom, 2 bathroom home was built in 1975 and had a carport added in 2002. Re-roofed in 2019! Partially fenced with chain link fencing. Schedule your showing today and explore the possibilities. Selling As Is, Where Is.
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2025-02-12soldstatus
Show marketing remark (453 chars)
This home is situated on a spacious double corner lot between Fannin St and Norton St. 142 Fannin St is your opportunity for a renovation project -- a fix and flip or add it to your investment portfolio for long-term renting. This 3 bedroom, 2 bathroom home was built in 1975 and had a carport added in 2002. Re-roofed in 2019! Partially fenced with chain link fencing. Schedule your showing today and explore the possibilities. Selling As Is, Where Is.
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2025-02-07status Pending 453-char remark
Show marketing remark (453 chars)
This home is situated on a spacious double corner lot between Fannin St and Norton St. 142 Fannin St is your opportunity for a renovation project -- a fix and flip or add it to your investment portfolio for long-term renting. This 3 bedroom, 2 bathroom home was built in 1975 and had a carport added in 2002. Re-roofed in 2019! Partially fenced with chain link fencing. Schedule your showing today and explore the possibilities. Selling As Is, Where Is.
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2025-01-29historical Active Under Contract 453-char remark
Show marketing remark (453 chars)
This home is situated on a spacious double corner lot between Fannin St and Norton St. 142 Fannin St is your opportunity for a renovation project -- a fix and flip or add it to your investment portfolio for long-term renting. This 3 bedroom, 2 bathroom home was built in 1975 and had a carport added in 2002. Re-roofed in 2019! Partially fenced with chain link fencing. Schedule your showing today and explore the possibilities. Selling As Is, Where Is.
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2025-01-17price $65,000 453-char remark
Show marketing remark (453 chars)
This home is situated on a spacious double corner lot between Fannin St and Norton St. 142 Fannin St is your opportunity for a renovation project -- a fix and flip or add it to your investment portfolio for long-term renting. This 3 bedroom, 2 bathroom home was built in 1975 and had a carport added in 2002. Re-roofed in 2019! Partially fenced with chain link fencing. Schedule your showing today and explore the possibilities. Selling As Is, Where Is.
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2025-01-07status Active 453-char remark
Show marketing remark (453 chars)
This home is situated on a spacious double corner lot between Fannin St and Norton St. 142 Fannin St is your opportunity for a renovation project -- a fix and flip or add it to your investment portfolio for long-term renting. This 3 bedroom, 2 bathroom home was built in 1975 and had a carport added in 2002. Re-roofed in 2019! Partially fenced with chain link fencing. Schedule your showing today and explore the possibilities. Selling As Is, Where Is.
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2024-12-12status Pending 453-char remark
Show marketing remark (453 chars)
This home is situated on a spacious double corner lot between Fannin St and Norton St. 142 Fannin St is your opportunity for a renovation project -- a fix and flip or add it to your investment portfolio for long-term renting. This 3 bedroom, 2 bathroom home was built in 1975 and had a carport added in 2002. Re-roofed in 2019! Partially fenced with chain link fencing. Schedule your showing today and explore the possibilities. Selling As Is, Where Is.
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2024-12-05historical Active Under Contract 453-char remark
Show marketing remark (453 chars)
This home is situated on a spacious double corner lot between Fannin St and Norton St. 142 Fannin St is your opportunity for a renovation project -- a fix and flip or add it to your investment portfolio for long-term renting. This 3 bedroom, 2 bathroom home was built in 1975 and had a carport added in 2002. Re-roofed in 2019! Partially fenced with chain link fencing. Schedule your showing today and explore the possibilities. Selling As Is, Where Is.
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2024-11-23$70,000 Active 453-char remark
Show marketing remark (453 chars)
This home is situated on a spacious double corner lot between Fannin St and Norton St. 142 Fannin St is your opportunity for a renovation project -- a fix and flip or add it to your investment portfolio for long-term renting. This 3 bedroom, 2 bathroom home was built in 1975 and had a carport added in 2002. Re-roofed in 2019! Partially fenced with chain link fencing. Schedule your showing today and explore the possibilities. Selling As Is, Where Is.
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2024-09-06$60,000 Active
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2023-12-27historical
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2023-09-14$70,811 Active
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2021-07-02historical
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2021-04-30status Pending
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2021-04-26status Active
-
2021-04-14status Pending
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2021-01-31$95,000 Active
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2018-12-07historical
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2018-12-06soldstatus Closed
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2018-10-30status Pending
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2018-10-04$59,000 Active
-
2015-11-28historical
-
2015-11-07status Active
-
2015-11-01status Pending
-
2015-10-27historical Option Period
-
2015-10-22status Pending
-
2015-10-12historical Option Period
-
2015-10-01price $82,000
-
2015-09-13status Active
-
2015-08-31historical
-
2015-07-28$89,000 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
- $2,736 · $228/mo
- Projected year-2 tax
- $2,736 · $228/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 · 24 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $18,521
- − Mortgage interest
- −$7,669
- − Property taxes
- −$2,736
- − Insurance
- −$684
- − Repairs & maintenance
- −$1,482
- − Management
- −$1,482
- − Depreciation
- −$3,983
- Taxable income
- $486
- Est. tax owed @ 24.0%
- −$117
- After-tax cash flow
- $2,479/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
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)
- 43,080
- Household income
- $54,990
- Rent vs Own
- Severe rent burden
- 1730.0
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
- Predominantly Hispanic (83%)
- Race & ethnicity
- Hispanic / Latino 83% Two or more races 41% White 12% Black 3%
- Hispanic origin (detail)
- Mexican 75%
- Foreign-born
- 9% · Canada
- Languages at home
- 59% English-only · Spanish 40%
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
- ▼ -173.20%
- Current HPI
- 158.011
- Rent YoY
- ▲ 2.32%
- 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 |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
+88.8% since first listed35 events — show timeline
- 2026-05-15 Price Changed $136,900 CBMLS
- 2026-04-03 Price Changed $141,900 CBMLS
- 2026-03-13 Listed $149,900 CBMLS
- 2025-02-12 Sold (Public Records) — Public Records
- 2025-02-12 Sold (MLS) — CBMLS
- 2025-02-07 Pending — CBMLS
- 2025-01-29 Contingent — CBMLS
- 2025-01-17 Price Changed $65,000 CBMLS
- 2025-01-07 Relisted — CBMLS
- 2024-12-12 Pending — CBMLS
- 2024-12-05 Contingent — CBMLS
- 2024-11-23 Listed $70,000 CBMLS
- 2024-09-06 Listed $60,000 CBMLS
- 2023-12-27 Listing Removed — NTREIS
- 2023-09-14 Listed $70,811 NTREIS
- 2021-07-02 Delisted — CBMLS
- 2021-04-30 Pending — CBMLS
- 2021-04-26 Relisted — CBMLS
- 2021-04-14 Pending — CBMLS
- 2021-01-31 Listed $95,000 CBMLS
- 2018-12-07 Delisted — CBMLS
- 2018-12-06 Sold (MLS) — CBMLS
- 2018-10-30 Pending — CBMLS
- 2018-10-04 Listed $59,000 CBMLS
- 2015-11-28 Delisted — CBMLS
- 2015-11-07 Relisted — CBMLS
- 2015-11-01 Pending — CBMLS
- 2015-10-27 Contingent — CBMLS
- 2015-10-22 Pending — CBMLS
- 2015-10-12 Contingent — CBMLS
- 2015-10-01 Price Changed $82,000 CBMLS
- 2015-09-13 Relisted — CBMLS
- 2015-08-31 Delisted — CBMLS
- 2015-07-28 Listed $89,000 CBMLS
- 2004-10-13 Listed $72,500 CBMLS
Property tax history
+6.0%/yrLatest (2025): $2,736 · -5.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…