Last 24 Hours
$335,000
1507 7th St, Corpus Christi, TX, 78404
Pending
8 Beds
2 Bath
2,720 Sq Ft
Apartment
$123.16 / sqft
Built in 1965Highlights
Interior
Bedrooms 8
Bathrooms Half 7AppliancesFree-Standing Range
FlooringCeramic Tile, Hardwood, Laminate
Exterior
Lot Size6,403 sqft
Building Information
Year Built1965
Stories2
Roof Type105
Land Information
APN0867-0003-0190
Lot Number19
SubdivisionBooty & Allen
Land UseResidential
Legal DescriptionBOOTY & ALLEN BLK 3 LOT 19
Census Tract001202
Assessed Land Value$9,600
Assessed Improvement Value$285,780
Assessment Year2025
About this property
MultiFamily 7 Plex/Apartment. The main house has 3 units {1- 2/1, 1- 1/1 and 1 studio} and has been renovated recently. The rear addition in back was completed in 2019 adding {4 Studio units 1 Bedroom/1 Baths}. TOTAL of 7 units. All units are fully renting less 1 property available for rent currently (active on the market with property mgmt. company). Main house has recent roof, HV/AC units & window replacements. Recent driveway/parking apron. Great investment to add to any portfolio!
Investor Tools
$228,057Estimated Mortgage Balance
$103,943Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,666
$295,380
2025
$9,600
$285,780
$295,380
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,666
$295,380
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Bank Na
Unknown
$232,500
No
First
May 29, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,057
$103,943
31%
69%
$1,394/mo
12.4%