4738 Molina Dr · Corpus Christi, TX 78416

$75,000

2 bd · 1.0 ba · 880 sqft · SingleFamily public records · 26 Days on market

Built 1960 10,001 sqft lot Est $113k · 33% under

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Why this score? — see what drove the A- 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +7.2/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0

Listing remarks

Investor and Handyman- special offer- SELLER IS LOOKING AT ALL OFFERS- great rental area or fix and flip it. Property does need work. Super large yard. Home has a detached 1 car garage . Home is located near highway and quick access to stores. More pictures to come. Till then. If you want a great deal . Add this one to the list. Call today for more details.

Key facts

• Large yard
• Detached garage
• 0.23 acre lot

Tags

• LARGE YARD
• DETACHED GARAGE
• QUICK ACCESS TO STORES

Property features AI

Finance

• HOA & community: Common grounds/area

Exterior

• Parking: Garage with 2 covered spaces; Additional rear/side/off-street parking; Front entry; On-street parking (total parking for about 6 vehicles)
• Utilities: Public water; Public sewer; Electricity available
• Home design: Single-story home; Shingle roof; Wood siding construction; Pillar/post/pier foundation
• Construction: Built with wood siding; Shingle roof; Pillar/post/pier foundation
• Exterior features: Landscaped yard; Subdivided lot; Chain link and wood fencing

Interior

• Kitchen: Gas oven; Gas range; Refrigerator
• Flooring: Carpet; Laminate; Tile; Unfinished areas
• Bathrooms: One full bathroom
• Heating & cooling: Window heating unit; Window cooling unit
• Interior features: Primary bedroom located on the main level; One shared/attached wall (townhome/duplex style possible); Additional interior features present
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $-124 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $53k (29.3% below list).
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $53k (29.3% below list) — sets the bar for cash-flow.
• Cap rate 11.1% 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.
• West Oso ISD (urban): math 20% / reading 32% proficiency, ranked #712 of 826 in TX (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Kennedy El (545 students, 96% FRL); West Oso J H (math 16% / reading 30%, grade F, #1,327 of 1,662 statewide, top 81%, 434 students, 83% FRL); West Oso H S (math 37% / reading 47%, grade F, #730 of 1,632 statewide, top 47%, 575 students, 88% FRL) — zoned schools average 89% FRL vs 40% district-wide (49 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 45 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,397 units permitted in Nueces County in 2024 (47 in 5+ unit buildings).
• This rent runs 32% of the median local income ($43k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $4k of equity ($519 loan paydown + $3k appreciation (4.4% local appreciation)).
• Nueces County population projected at +36% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 9, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $17k; list at $75k implies a 335% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price; flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $53,047 (29.3% 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. Built in 1960 — 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. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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.
8. 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.
9. 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: 1.55% ✓
• Cap rate: 11.13%
• Cash-on-cash: 17.27%
• DSCR: 1.77
• GRM: 5.4

CMA / ARV

• ARV (on-the-fly): $112,640
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4313 Molina Dr	0.57mi	2/1.0	904 (+3%)	4mo	$100,000	$111	65
4618 Ramona Dr	0.38mi	3/1.0 (+1)	936 (+6%)	2mo	$119,900	$128	65
1710 Darcey Dr	0.54mi	2/1.0	848 (-4%)	17mo	$110,000	$130	55
4549 Elvira Dr	0.31mi	2/1.0	969 (+10%)	18mo	$116,975	$121	53
1725 Rockford Dr	0.49mi	2/1.0	984 (+12%)	7mo	$149,900	$152	52
917 Mendoza St	0.72mi	3/1.5 (+1)	763 (-13%)	8mo	$85,000	$111	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.38% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 5.4%
• Equity multiple: 1.34×
• Total profit: $7,078
• Equity at exit: $39,700

10-year hold

• IRR: 8.2%
• Equity multiple: 2.44×
• Total profit: $30,240
• Equity at exit: $66,304

Cash invested: $21,000 (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 78416

• Home prices YoY: 3.2%
• Active inventory: 45
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $1,162 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$191 /mo · $2,297/yr
• Insurance: −$31
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$244
• Net cashflow: $-124

Break-even live

Break-even rent $1,320

Max offer price $53,047

Occupancy floor —

Sensitivity live

Price	-10% $-82	-5% $-103	+0% $-124	+5% $-145	+10% $-167
Rent	-10% $-216	-5% $-170	+0% $-124	+5% $-78	+10% $-32
Rate	-1.0pp $-87	-0.5pp $-105	base $-124	+0.5pp $-144	+1.0pp $-163

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4313 Molina Dr Corpus Christi, TX	2.0	1.0	904	$1,250	$1.38	45d	1	0.59mi
1458 W Point Rd Corpus Christi, TX	2.0–3.0	1.0	777	$800	$1.03	15d	2	0.62mi
4702 Old Brownsville Rd Corpus Christi, TX	1.0	1.0	700	$764	$1.09	45d	1	1.29mi

Listing history 18 events

1. 2026-06-22
   days on market $75,000 Active 26 DOM
2. 2026-06-18
   days on market $75,000 Active 23 DOM
3. 2026-06-17
   days on market $75,000 Active 22 DOM
4. 2026-06-16
   days on market $75,000 Active 21 DOM
5. 2026-06-15
   days on market $75,000 Active 20 DOM
6. 2026-06-14
   days on market $75,000 Active 18 DOM
7. 2026-06-10
   days on market $75,000 Active 15 DOM
8. 2026-06-09
   days on market $75,000 Active 14 DOM
9. 2026-06-08
   days on market $75,000 Active 13 DOM
10. 2026-06-07
    days on market $75,000 Active 12 DOM
11. 2026-06-03
    days on market $75,000 Active 8 DOM
12. 2026-06-02
    days on market $75,000 Active 7 DOM
13. 2026-06-01
    days on market $75,000 Active 6 DOM
14. 2026-05-31
    days on market $75,000 Active 5 DOM
15. 2026-05-30
    days on market $75,000 Active 4 DOM
16. 2026-05-22
    listed $75,000 Active
17. 2022-02-25
    soldstatus
18. 1998-09-15
    soldstatus $17,231

ⓘ 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: $2,297 · $191/mo
• Projected year-2 tax: $2,297 · $191/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 AE · 70% 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: $13,948
• − Mortgage interest: −$4,201
• − Property taxes: −$2,297
• − Insurance: −$5,494
• − Repairs & maintenance: −$1,116
• − Management: −$1,116
• − Depreciation: −$2,182
• Taxable loss: −$2,457
• Est. tax savings @ 24.0%: +$590
• After-tax cash flow: $-902/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: West Oso ISD
• NCES district ID: 4845120
• Math proficiency: 20% ▼ -23.00%
• Reading proficiency: 32% ▼ -5.00%
• Median HH income: $36,193
• Composite: 21.52/100
• National rank: #8320
• State rank: #712 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): 12,480
• Household income: $43,198
• Rent vs Own: 36.8% rent · 63.2% own
• Severe rent burden: 386.0

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 (79%)
• Race & ethnicity: Hispanic / Latino 79% Two or more races 38% Black 16% White 4%
• Hispanic origin (detail): Mexican 72%
• Foreign-born: 12% · Canada
• Languages at home: 50% English-only · Spanish 49%

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: ▲ 4.38%
• Current HPI: 139.6557
• Rent YoY: —
• 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

+335.3% since first listed

3 events — show timeline

• 2026-05-22 Listed $75,000 CBMLS
• 2022-02-25 Sold (Public Records) — Public Records
• 1998-09-15 Sold (Public Records) $17,231 Public Records

Property tax history

+6.7%/yr

Latest (2025): $2,297 · -0.5% YoY. Source: county tax records.