NOT LISTED FOR SALE
8 Beds
7 Baths
5,092 Sq Ft
0.5 Acres

Last Sold May 15, 2024

16 Days on Market

Highlights

  • 0.5 Acre Lot
  • No HOA
  • Interior Lot
  • Tuloso-Midway Primary School Rated A
  • Covered Patio or Porch
  • Air Filtration System

About This Home

As of May 2024

Fabulous Five Unit Property bringing in over $5400 a month in rental income. 2024 NCAD Proposed Assessment is $451,139 and is attached in the supplements. The unit mix includes a 3/2 front house with a studio apartment behind it. A detached, 400 sqft studio apt is behind the primary structure and a two story duplex is located in the rear of the property. This existing, non conforming, five unit investment property is located near the intersection of Leopard and McKenzie, about 15 minutes from downtown Corpus Christi. One upstairs unit, all others are ground level for easy access. Plenty of extra space for other ideas. The property is fully occupied with a solid tenant base. The property accepts housing vouches and offers all bills paid leases with five electrical meters for individual monitoring. Residents are on annual TR leases. Info uploaded in the supplement section of South Texas MLS. Broker/Owner property not interested in seller financing.

Last Agent to Sell the Property

Bryan Johnson

361 Realty License #0492508 Listed on: 04/26/2024

Last Buyer's Agent

Brooke LaClair

Prime Real Estate License #0618863

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,981

Year Built

  • Built in 1985

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 75x289
  • East Facing Home
  • Wood Fence
  • Chain Link Fence
  • Interior Lot

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 5,092 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Range Hood

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Tuloso Midway Elementary And Middle School
  • Tuloso Midway High School

Utilities

  • Air Filtration System
  • Ductless Heating Or Cooling System
  • Central Heating and Cooling System
  • Underground Utilities
  • Overhead Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 5

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units
  • Highway Village Subdivision

Building Details

  • Gross Income $64,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,981

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type Additional: Apartment
  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: 75x289
  • Road Frontage Type: All Weather Road, City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Highway Village
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1985
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Number Of Buildings: 3
  • Appliances: Electric Oven, Electric Range, Free-Standing Range, Refrigerator, Range Hood
  • Full Bathrooms: 7
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Laminate, Other, Vinyl
  • Interior Amenities: Air Filtration, Cable TV
  • Living Area: 5092.0
  • Stories: 1
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Chain Link, Wood
  • Lot Features: Interior Lot, Subdivided
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio
  • Roof: Flat, Shingle

Garage/Parking

  • Parking Features: Asphalt, Gravel, Rear/Side/Off Street
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Ductless, Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Tuloso Midway
  • Junior High Dist: Tuloso Midway ISD
  • High School: Tuloso Midway
  • Middle Or Junior School: Tuloso Midway

Lot Info

  • Lot Size Sq Ft: 21750.0
  • Additional Parcels: No
  • Zoning Description: RS6
  • Zoning: RS6

Multi Family

  • Number Of Units In Community: 5
  • Annual Gross Income: 64000.0
  • Annual Operating Expense: 28800.0

Tax Info

  • Tax Annual Amount: 11981.0
  • Tax Block: 5
  • Tax Lot: 12

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold -- -- --
05/13/2024 05/13/24 Pending -- -- --
05/03/2024 05/03/24 Price Changed $359,000 -2.7% $71 / Sq Ft
04/29/2024 04/29/24 Price Changed $369,000 -5.1% $72 / Sq Ft
04/26/2024 04/26/24 For Sale $389,000 -- $76 / Sq Ft
Source: South Texas MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Texas MLS

MLS Number: 440770

South Texas MLS