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Days28Days on Market
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$1,099,000

$1,199,000

4206 Leopard St, Corpus Christi, TX, 78408

On MarketInfo
CommercialInfo
Price DropInfo
Baths11,938 Sq Ft
IndustrialIndustrial
price_per_sqft$92.06 / sqft
Year BuiltBuilt in 1987

Highlights

Interior

Garage AvailableGarage Available

Exterior

Lot Size1.64 acres

Building Information

Roof Type115

Land Information

APN0408-0000-0107
Lot Number1,10
SubdivisionBancroft Farm
Land UseCommercial
Legal DescriptionBANCROFT FARM LTS TR D LT 10 VILLA GRDNS LT 1 BLKS 11 & 12
Census Tract000602
Assessed Land Value$211,960
Assessed Improvement Value$328,040
Assessment Year2025

About this property

Welcome to 4206 Leopard Street, better known as The Ranch Motel, a rare commercial hospitality opportunity located in Corpus Christi, TX. Offering 27 individual rooms, this property is positioned for its next owner to step in and continue operations, reposition the asset, or explore future value-add potential. The sale includes the building, land, and furnishings, giving buyers a more complete package from day one. Each room is designed with a functional layout featuring a sleeping area, kitchenette, and full bathroom, allowing for convenience and extended-stay appeal. The property offers strong visibility along Leopard Street, with recognizable signage, on-site parking, and easy access to major Corpus Christi corridors, refineries, industrial employers, downtown, and surrounding residential areas. The Ranch Motel presents a flexible opportunity for an investor, owner-operator, or hospitality group looking to acquire an existing motel property in the Coastal Bend. Whether the goal is to continue motel operations, improve room finishes over time, increase occupancy, or explore alternative commercial use possibilities, this property offers a solid footprint with income-producing units already in place. Corpus Christi continues to see demand from traveling workers, contractors, long-term guests, and visitors needing affordable lodging options near key employment hubs and local amenities. With 27 rooms and included furnishings, this asset provides scale that is difficult to find at this price point and location. Buyers are encouraged to verify all zoning, use, financials, room count, square footage, permits, and operational details. Please do not disturb occupants or staff. Showings by appointment only.

Investor Tools

Property Icon
$540,000
Estimated Property Value
$615,000Estimated Mortgage Balance
$0Estimated Equity
-14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,594 /month
Positive
Cash Flow Estimate:
$2,198 /month

Interested in this property?

Josiah Salinas

Prime Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,188/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,556
$540,000
2025
$211,960
$328,040
$540,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,556
$540,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ranch Motel Inc
N/A
$615,000
N/A
First
Jun 13, 2014
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$903,142
N/A
0%
167%
$7,376/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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