10614 Emmord Loop · Corpus Christi, TX 78410

$110,000

3 bd · 2.0 ba · 1,470 sqft · SingleFamily public records · 58 Days on market

Built 1985 9,374 sqft lot $75/sqft · 44% below area Est $198k · 44% under

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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 +29.8/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.9/5.0
• Schools +3.4/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great investment opportunity in Annaville! This 3-bedroom, 2-bath home offers approximately 1,470 square feet of living space and is ideal for investors or buyers looking to add value. The property features a functional floor plan with a spacious living area, dedicated dining space, and a kitchen with granite countertops. The primary bedroom includes an en-suite bath, while two additional bedrooms offer flexibility for guests or office space. Large backyard provides plenty of room for outdoor improvements. Roof replaced in 2017. Home has solid bones but needs TLC and cosmetic updates. Conveniently located near shopping, dining, and major roadways. Property is being sold as-is, seller will make no​​‌​​​​‌​​‌‌​‌‌​​​‌‌​​‌​​​‌‌​​‌​ repairs.

Key facts

• Spacious living area
• Large backyard
• Granite countertops

Tags

• INVESTMENT OPPORTUNITY
• FUNCTIONAL FLOOR PLAN
• SPACIOUS LIVING AREA
• DEDICATED DINING SPACE
• GRANITE COUNTERTOPS
• LARGE BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $404 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Recommended offer: $107k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.7% 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.
• Tuloso-Midway ISD (urban): math 33% / reading 46% proficiency, ranked #408 of 826 in TX (top 49%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.0%/yr); 316 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $761 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.
• At projected returns (-3.0% appreciation + 2.0% rent growth), your $31k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 58 days — a 3% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 22y 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: property tax is 3.6% of price.
• 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.

Recommended offer $106,700 (3.0% below list)

Questions for the listing agent

1. It's been on market 58 days. Have you received any prior offers? Is the seller open to a 3% 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. 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: 1.57% ✓
• Cap rate: 10.70%
• Cash-on-cash: 15.76%
• DSCR: 1.70
• GRM: 5.3

CMA / ARV

• ARV (median comp): $197,587
• List price: $110,000
• Delta: -44.33%
• 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
2805 Tumbleweed Dr	0.31mi	3/2.0	1,442 (-2%)	2mo	$249,000	$173	80
10761 Emmord	0.24mi	3/1.5	1,566 (+6%)	0mo	$159,500	$102	76
10522 Pioneer Dr	0.18mi	4/2.0 (+1)	1,580 (+8%)	3mo	$244,900	$155	72
3338 Wood Creek Dr	0.61mi	3/2.0	1,469 (-0%)	1mo	$265,000	$180	71
3117 Creek Side Dr	0.36mi	3/2.0	1,361 (-7%)	1mo	$280,000	$206	70
3222 Shallow Creek Dr	0.50mi	3/2.0	1,506 (+2%)	3mo	$275,000	$183	70
3005 Astros Way	0.64mi	3/2.0	1,461 (-1%)	4mo	$265,000	$181	66
10506 Hemlock	0.41mi	4/2.0 (+1)	1,413 (-4%)	4mo	$219,900	$156	66
10514 Hemlock	0.40mi	3/2.0	1,255 (-15%)	4mo	$219,900	$175	54
4330 Heizer Dr	0.34mi	4/2.0 (+1)	1,672 (+14%)	4mo	$339,900	$203	53
2616 Deer St	0.66mi	3/1.0	1,564 (+6%)	4mo	$149,900	$96	52
3214 Musket Ln	0.58mi	3/2.0	1,658 (+13%)	1mo	$259,000	$156	51

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 · 1.98% rent growth · sell at horizon

5-year hold

• IRR: 5.4%
• Equity multiple: 1.21×
• Total profit: $6,328
• Equity at exit: $16,401

10-year hold

• IRR: 13.8%
• Equity multiple: 2.05×
• Total profit: $32,236
• Equity at exit: $9,511

Cash invested: $30,800 (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 78410

• Rents YoY: 2.0%
• Active inventory: 316
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,722 high
• Mortgage (P&I): −$577
• Tax from tax record: −$333 /mo · $4,000/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$362
• Net cashflow: $404

Break-even live

Break-even rent $1,210

Max offer price $110,000

Occupancy floor 72%

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3150 Peachtree St Corpus Christi, TX	3.0	1.0–2.0	724	$1,135	$1.57	14d	5	0.32mi
3230 Creek Side Dr Unit 1268411P Corpus Christi, TX	3.0	2.0	1829	$5,393	$2.95	44d	1	0.47mi
4425 Fleetwood Ln Corpus Christi, TX	2.0	1.0	920	$1,000	$1.09	14d	1	0.55mi
11006 Timbergrove Ln Corpus Christi, TX	3.0	2.0	1502	$1,900	$1.26	14d	1	0.64mi
3033 Astros Way Corpus Christi, TX	3.0	2.0	1583	$2,300	$1.45	14d	1	0.67mi
10113 Up River Rd Corpus Christi, TX	1.0–3.0	1.0–2.0	877	$1,875	$2.14	14d	20	0.75mi
10113 Up River Rd Corpus Christi, TX	1.0–3.0	1.0–2.0	857	$18,115	$21.13	44d	1	0.75mi
11110 Jackson Ter Corpus Christi, TX	3.0	2.0	1630	$2,100	$1.29	14d	1	0.82mi
10830 Silverton Dr Corpus Christi, TX	3.0	2.0	1641	$1,900	$1.16	44d	1	1.12mi
11202 Willowood Creek Dr Unit A Corpus Christi, TX	2.0	2.5	1253	$1,650	$1.32	44d	1	1.15mi
11214 Willowood Creek Dr Corpus Christi, TX	2.0	2.5	1253	$1,400	$1.12	14d	1	1.19mi
11613 Cripple Creek Dr Corpus Christi, TX	3.0	2.0	1432	$1,995	$1.39	21d	1	1.49mi

Listing history 30 events

1. 2026-06-18
   days on market $110,000 Active 58 DOM
2. 2026-06-17
   days on market $110,000 Active 57 DOM
3. 2026-06-16
   days on market $110,000 Active 56 DOM
4. 2026-06-15
   days on market $110,000 Active 55 DOM
5. 2026-06-14
   days on market $110,000 Active 53 DOM
6. 2026-06-13
   days on market $110,000 Active 52 DOM
7. 2026-06-10
   days on market $110,000 Active 50 DOM
8. 2026-06-09
   days on market $110,000 Active 49 DOM
9. 2026-06-08
   days on market $110,000 Active 48 DOM
10. 2026-06-07
    days on market $110,000 Active 47 DOM
11. 2026-04-13
    listed $110,000 Active 806-char remark

    Show marketing remark (806 chars)

    Great investment opportunity in Annaville! This 3-bedroom, 2-bath home offers approximately 1,470 square feet of living space and is ideal for investors or buyers looking to add value. The property features a functional floor plan with a spacious living area, dedicated dining space, and a kitchen with granite countertops. The primary bedroom includes an en-suite bath, while two additional bedrooms offer flexibility for guests or office space. Large backyard provides plenty of room for outdoor improvements. Roof replaced in 2017. Home has solid bones but needs TLC and cosmetic updates. Conveniently located near shopping, dining, and major roadways. Property is being sold as-is, seller will make no​​‌​​​​‌​​‌‌​‌‌​​​‌‌​​‌​​​‌‌​​‌​ repairs.

12. 2026-03-05
    soldstatus
13. 2026-03-03
    soldstatus Closed 790-char remark

    Show marketing remark (790 chars)

    Priced with potential in mind, this home is a great fit for a first-time buyer or investor ready to step into a smart value opportunity. Several key updates are already complete, giving you a strong head start. New flooring and fresh paint refresh the main living areas, kitchen, hallways, and two secondary bedrooms. The former garage has been converted into a spacious primary suite, adding flexibility and usable square footage. Major improvements include a 2017 shingle roof, new gas stove, high-capacity gas water heater, new toilets, and one new vanity. The front and back yards have been cleared and are ready for your personal touch. There’s still room to make it your own, but the heavy lifting has been done. Come in, improve over time, and watch the value grow. Sold as-is.

14. 2026-02-16
    status Pending 790-char remark

    Show marketing remark (790 chars)

    Priced with potential in mind, this home is a great fit for a first-time buyer or investor ready to step into a smart value opportunity. Several key updates are already complete, giving you a strong head start. New flooring and fresh paint refresh the main living areas, kitchen, hallways, and two secondary bedrooms. The former garage has been converted into a spacious primary suite, adding flexibility and usable square footage. Major improvements include a 2017 shingle roof, new gas stove, high-capacity gas water heater, new toilets, and one new vanity. The front and back yards have been cleared and are ready for your personal touch. There’s still room to make it your own, but the heavy lifting has been done. Come in, improve over time, and watch the value grow. Sold as-is.

15. 2026-01-08
    listed $140,000 Active 790-char remark

    Show marketing remark (790 chars)

    Priced with potential in mind, this home is a great fit for a first-time buyer or investor ready to step into a smart value opportunity. Several key updates are already complete, giving you a strong head start. New flooring and fresh paint refresh the main living areas, kitchen, hallways, and two secondary bedrooms. The former garage has been converted into a spacious primary suite, adding flexibility and usable square footage. Major improvements include a 2017 shingle roof, new gas stove, high-capacity gas water heater, new toilets, and one new vanity. The front and back yards have been cleared and are ready for your personal touch. There’s still room to make it your own, but the heavy lifting has been done. Come in, improve over time, and watch the value grow. Sold as-is.

16. 2023-06-09
    soldstatus
17. 2023-04-21
    status Pending
18. 2023-04-11
    historical Active Under Contract
19. 2023-03-24
    price $110,000
20. 2023-03-08
    listed $125,000 Active
21. 2018-07-09
    historical
22. 2018-06-12
    price $104,900
23. 2018-06-11
    price $109,900
24. 2018-05-21
    listed $119,900 Active
25. 2010-04-26
    soldstatus
26. 2009-10-23
    listed $40,000
27. 2009-02-09
    listed $60,000
28. 2005-04-25
    soldstatus
29. 2004-11-05
    listed $55,000
30. 1999-05-12
    soldstatus

ⓘ 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: $4,000 · $333/mo
• Projected year-2 tax: $4,000 · $333/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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°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

Taxation est. · year 1

• Rental income: $20,665
• − Mortgage interest: −$6,162
• − Property taxes: −$4,000
• − Insurance: −$550
• − Repairs & maintenance: −$1,653
• − Management: −$1,653
• − Depreciation: −$3,200
• Taxable income: $3,446
• Est. tax owed @ 24.0%: −$827
• After-tax cash flow: $4,026/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: Tuloso-Midway ISD
• NCES district ID: 4843350
• Math proficiency: 33% ▼ -13.00%
• Reading proficiency: 46% ▼ -3.00%
• Median HH income: $53,078
• Composite: 34.33/100
• National rank: #5235
• State rank: #408 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): 29,040
• Household income: $79,308
• Rent vs Own: 31.9% rent · 68.1% own
• Severe rent burden: 324.0

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 (59%)
• Race & ethnicity: Hispanic / Latino 59% White 38% Two or more races 35% Black 1%
• Hispanic origin (detail): Mexican 54% Puerto Rican 2%
• Common ancestry: Slovak 1% Lithuanian 1% Iranian 1%
• Foreign-born: 6% · Canada
• Languages at home: 71% English-only · Spanish 28%

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: ▼ -145.45%
• Current HPI: 174.0462
• Rent YoY: ▲ 1.98%
• 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

+100.0% since first listed

20 events — show timeline

• 2026-04-13 Listed $110,000 CBMLS
• 2026-03-05 Sold (Public Records) — Public Records
• 2026-03-03 Sold (MLS) — CBMLS
• 2026-02-16 Pending — CBMLS
• 2026-01-08 Listed $140,000 CBMLS
• 2023-06-09 Sold (Public Records) — Public Records
• 2023-04-21 Pending — CBMLS
• 2023-04-11 Contingent — CBMLS
• 2023-03-24 Price Changed $110,000 CBMLS
• 2023-03-08 Listed $125,000 CBMLS
• 2018-07-09 Delisted — CBMLS
• 2018-06-12 Price Changed $104,900 CBMLS
• 2018-06-11 Price Changed $109,900 CBMLS
• 2018-05-21 Listed $119,900 CBMLS
• 2010-04-26 Sold (MLS) — CBMLS
• 2009-10-23 Listed $40,000 CBMLS
• 2009-02-09 Listed $60,000 CBMLS
• 2005-04-25 Sold (MLS) — CBMLS
• 2004-11-05 Listed $55,000 CBMLS
• 1999-05-12 Sold (Public Records) — Public Records

Property tax history

+5.4%/yr

Latest (2025): $4,000 · +17.1% YoY. Source: county tax records.