3906 Verner Cir Corpus Christi, TX 78415
Downtown Corpus Christi NeighborhoodEstimated payment $20,415/month
Highlights
- No HOA
- Private Entrance
- Carpet
- Central Heating and Cooling System
About This Home
Seize this exceptional investment opportunity in the heart of Corpus Christi, Texas! This well-maintained 42-unit apartment complex offers immediate income potential and long-term value appreciation. Perfectly positioned in a high-demand rental market, this asset is ideal for savvy investors seeking stable cash flow and strong occupancy rates. The property features a mix of efficiently designed units, catering to a wide tenant base. On-site amenities include a convenient laundry facility, adding to tenant satisfaction and boosting NOI. With professional management already in place and consistent rental history, this complex is ready to generate returns from day one. Whether you're expanding your portfolio or entering the multifamily market, this is a rare chance to own a high-performing asset in one of South Texas' most resilient rental markets. Don’t miss out—this is your opportunity to capitalize on Corpus Christi’s growing rental demand with a turn-key, income-producing property!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $46,941
Year Built
- Built in 1951
Lot Details
- 0.26 Acre Lot
- Private Entrance
Home Design
- Slab Foundation
- Shingle Roof
Interior Spaces
- 29,755 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
Flooring
- Carpet
- Vinyl
Laundry
- Dryer
- Washer
Parking
- Carport
- On-Street Parking
- Assigned Parking
Schools
- Houston Elementary School
- Baker Middle School
- Ray High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 11r / 11
Community Details
Overview
- No Home Owners Association
- 7 Buildings
- 42 Units
- Sam Houston Subdivision
Building Details
- Gross Income $480,300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,508 | $260,903 | $11,286 | $249,617 |
| 2024 | $5,508 | $253,285 | $11,286 | $241,999 |
| 2023 | $5,298 | $248,601 | $11,286 | $237,315 |
| 2022 | $4,143 | $166,524 | $11,286 | $155,238 |
| 2021 | $3,659 | $139,942 | $11,286 | $128,656 |
| 2020 | $3,900 | $148,806 | $11,286 | $137,520 |
| 2019 | $3,926 | $148,498 | $11,286 | $137,212 |
| 2018 | $2,942 | $116,185 | $11,286 | $104,899 |
| 2017 | $2,933 | $116,185 | $11,286 | $104,899 |
| 2016 | $3,076 | $121,828 | $16,929 | $104,899 |
| 2015 | $3,098 | $121,828 | $16,929 | $104,899 |
| 2014 | $3,098 | $121,828 | $16,929 | $104,899 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | For Sale | $3,125,000 | -- | $105 / Sq Ft |
Source: South Texas MLS
MLS Number: 457134
APN: 295812
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