Estimated payment $1,227/month
Highlights
- Hot Property
- No HOA
- Private Entrance
- Open Floorplan
- Interior Lot
- Wood Siding
About This Home
INVESTMENT PROPERTY WITH INCOME ALREADY IN PLACE! The property consists of three 1-bedroom apartments and one efficiency, with all four units currently leased at $750 per month, providing $3,000 in gross monthly rental income. A newer roof is another added benefit.
Conveniently located just blocks from Ocean Drive, CHRISTUS Spohn Hospital Shoreline and Cole Park, this multi-unit property offers a great opportunity for an investor looking for immediate rental income and future potential.
Per the seller, approximately 1,333 sq. ft. of converted garage living space is not reflected in the appraisal district square footage. This area includes one of the 1-bedroom apartments and the efficiency.
The property is being sold AS-IS and could benefit from some TLC and updating, making it a great value-add opportunity while continuing to generate rental income. Convenient to the bayfront, downtown, hospitals, parks, dining and more.
(Some pictures have been edited using AI- and virtually staged to help you envision the space)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,199
Year Built
- Built in 1965
Lot Details
- 6,617 Sq Ft Lot
- Private Entrance
- Interior Lot
Parking
- Off-Street Parking
Home Design
- Quadruplex
- Pillar, Post or Pier Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,114 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Vinyl Flooring
Schools
- Menger Elementary School
- Hamlin Middle School
- Ray High School
Utilities
- Window Unit Cooling System
- Window Unit Heating System
Community Details
- No Home Owners Association
- Ocean View Subdivision
Listing and Financial Details
- Legal Lot and Block 9 / 5
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,199 | $165,528 | $26,460 | $139,068 |
| 2025 | $3,549 | $144,547 | $9,923 | $134,624 |
| 2024 | $3,549 | $163,222 | $9,923 | $153,299 |
| 2023 | $2,585 | $121,269 | $9,923 | $111,346 |
| 2022 | $1,881 | $75,599 | $9,923 | $65,676 |
| 2021 | $1,722 | $65,850 | $9,923 | $55,927 |
| 2020 | $1,383 | $52,786 | $9,923 | $42,863 |
| 2019 | $1,448 | $54,780 | $9,923 | $44,857 |
| 2018 | $1,412 | $55,778 | $9,923 | $45,855 |
| 2017 | $1,350 | $53,460 | $9,923 | $43,537 |
| 2016 | $1,338 | $52,995 | $9,923 | $43,072 |
| 2015 | $926 | $42,487 | $9,923 | $32,564 |
| 2014 | $926 | $36,429 | $9,923 | $26,506 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/28/2026 08/28/26 | For Rent | $750 | 0.0% | -- | |
| 08/25/2026 08/25/26 | For Sale | $174,900 | -7.9% | $157 / Sq Ft | |
| 05/16/2025 05/16/25 | Sold | -- | -- | -- | View Prior Sale |
| 04/13/2025 04/13/25 | Pending | -- | -- | -- | |
| 03/06/2025 03/06/25 | Price Changed | $189,900 | -3.6% | $170 / Sq Ft | |
| 09/08/2024 09/08/24 | For Sale | $197,000 | +15.9% | $177 / Sq Ft | |
| 07/21/2023 07/21/23 | Sold | -- | -- | -- | View Prior Sale |
| 06/04/2023 06/04/23 | Pending | -- | -- | -- | |
| 05/13/2023 05/13/23 | Price Changed | $170,000 | -2.9% | $153 / Sq Ft | |
| 04/25/2023 04/25/23 | Price Changed | $175,000 | -12.5% | $157 / Sq Ft | |
| 01/19/2023 01/19/23 | For Sale | $200,000 | -- | $180 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | San Jacinto Title | |
| Deed | -- | Stewart Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $123,750 | New Conventional | |
| Previous Owner | $114,400 | New Conventional |
About the Listing Agent
Jacqueline “Jaci” O’Neill is a seasoned, client-focused real estate professional with over two decades of experience. Since 2001, she has built a reputation for faith, knowledge, and exceeding expectations—not just meeting them.
Jaci is known as a strong, strategic negotiator—not just in price, but in the full structure of a deal. She understands that winning in real estate goes beyond the offer amount. From pricing strategy and contract terms to financing structure and risk positioning,
Jacqueline's Other Listings
Source: South Texas MLS
MLS Number: 481240
APN: 274769
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Ask me questions while you tour the home.