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$1,100,000

4309 Timon Boulevard, Corpus Christi, TX, 78402

On MarketInfo
CommercialInfo
Baths1,040 Sq Ft
IndustrialIndustrial
price_per_sqft$1,057.69 / sqft
Year BuiltBuilt in 1963

Exterior

Lot Size1.16 acres

Building Information

Year Built1963
Roof Type172

Land Information

APN1055-0067-0050
Lot Number5-12
SubdivisionBrooklyn
Land UseResidential
Legal DescriptionBROOKLYN LTS 5 THRU 12, PT OF ALLEY & ST BK 67
Census Tract006300
Assessed Land Value$304,170
Assessed Improvement Value$95,050
Assessment Year2025

About this property

Positioned just blocks from North Beach, this rare 2.5 acre assemblage offers investors a strategic foothold in one of Corpus Christi’s fastest-growing coastal corridors. The sellers prefer to sell all three parcels together, with this tract being the largest and currently used as residential. One parcel already provides a rental unit, creating immediate income potential while plans for redevelopment take shape. Zoned RM-AT Multifamily (1, 2, 3) and AT Districts (Section 4.4.1.C), the site is primed for diverse opportunities from multifamily housing and short-term rentals to a boutique coastal retreat. The ambitious North Beach Project, a multi-phase redevelopment effort, is expected to transform the area and significantly increase property values, with potential future benefits like enhanced infrastructure and improved waterfront access. Surrounded by major attractions, beaches, and a growing demand for vacation rentals, this property offers both short-term upside and long-term appreciation, making it a golden opportunity for visionary developers and savvy investors ready to capitalize on the coastal renaissance of Corpus Christi.

Investor Tools

$0Estimated Mortgage Balance
$1,089,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

Interested in this property?

Annalisa Rios

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,147/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,324
$399,220
2025
$304,170
$95,050
$399,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,324
$399,220

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,089,000
100%
0%
$0/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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4309 Timon Boulevard | Property Details | No Agent List