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$133,000

NAL Estimated Property Value

121 Blevins St, Corpus Christi, TX, 78415

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,764 Sq Ft
price_per_sqft$79.37 / sqft
Year BuiltBuilt in 1947

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesGas Oven, Gas Range, Range Hood
FlooringVinyl

Exterior

Lot Size7,013 sqft

Building Information

Year Built1947
Stories2
Roof Type105

Land Information

APN8284-0008-0070
Lot Number7
SubdivisionSouthmoreland
Land UseResidential
Legal DescriptionSOUTHMORELAND BLK 8 LOT 7
Census Tract002001
Assessed Land Value$13,996
Assessed Improvement Value$117,060
Assessment Year2025

About this property

AS IS. Take advantage of this rare investment opportunity located in a designated Opportunity Zone, offering excellent long-term upside and built-in rental income from day one. This 6-unit multifamily property provides stable cash flow. Units have rented for: Unit 1: $625 Unit 2: $650 Unit 3: $625 Unit 4: $625 Unit 5: $675 Unit 6: $700 This property is ideal for investors looking to grow their portfolio with a value-add asset in a high-potential area. Whether you plan to hold long-term, renovate, or reposition, the location and existing rental income make this an attractive opportunity. Owner financing is available, making this an even more accessible investment for the right buyer. Owner Financing terms: 30% Down, 10% Rate at a 30 year note.

Investor Tools

Property Icon
$133,000
Estimated Property Value
$85,980Estimated Mortgage Balance
$47,020Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$840 /month
Positive
Cash Flow Estimate:
$280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,930
$131,056
2025
$13,996
$117,060
$131,056
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,930
$131,056

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Charter Bank
Purchase Money Mortgage
$96,000
No
First
Nov 5, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,980
$47,020
35%
65%
$576/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Corpus Christi

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121 Blevins St | Property Details | No Agent List