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$199,999

2509 Ruth St, Corpus Christi, TX, 78405

On MarketInfo
Beds— Beds
Baths— Bath
Baths3,592 Sq Ft
price_per_sqft$55.68 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
FlooringVinyl

Exterior

Lot Size9,017 sqft

Building Information

Year Built1963
Roof Type105
Garage Spaces399

Land Information

APN8764-0004-0155
Lot Number15
SubdivisionTierra Alta
Land UseResidential Triplex
Legal DescriptionTIERRA ALTA BLK 4 LOT 15
Census Tract001000
Assessed Land Value$9,000
Assessed Improvement Value$191,439
Assessment Year2025

About this property

Exceptional investment opportunity! This corner lot includes two properties with a combined total of approximately 9 to 10 bedrooms and 4 bathrooms. The first home features 4 bedrooms and 2 bathrooms, while the second property is a triplex with three separate units totaling 5 bedrooms. All units are currently vacant, giving the new owner the flexibility to lease them immediately, renovate, or customize them to maximize rental income. Whether you’re looking to grow your real estate portfolio or secure a property with excellent cash flow potential, this is an opportunity worth considering. With multiple rental units, strong upside, and immediate availability, this property is well suited for both seasoned and first time investors. The owner currently occupies a portion of the property, and showings are easy to schedule. Please contact the listing agent to arrange a private showing.

Investor Tools

$0Estimated Mortgage Balance
$200,439Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,203 /month
Positive
Cash Flow Estimate:
$401 /month

Interested in this property?

Pablo Cantu

Weichert REALTORS - The Place

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,311
$200,439
2025
$9,000
$191,439
$200,439
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,311
$200,439

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$200,439
100%
0%
$0/mo

City: Corpus Christi