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$113,455

616 16th St, Corpus Christi, TX, 78401

$147,492 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,464 Sq Ft
TriplexTriplex
price_per_sqft$46.05 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesFree Standing Range, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesOther
Lot Size5,097 sqft

Building Information

Year Built1945
Stories2
Roof Type105

Land Information

APN3515-0013-0050
Lot Number5
SubdivisionHome Place
Land UseSingle Family Residential
Legal DescriptionHOME PLACE BLK 13 LOT 5
Census Tract001000
Assessed Land Value$22,856
Assessed Improvement Value$83,744
Assessment Year2025

About this property

This flexible property is ideal for multigenerational living or investment. Upstairs features a nicely updated 3-bedroom, 1-bathroom apartment with living room and kitchen—perfect for one generation. Downstairs is a blank canvas with plumbing and electrical already in place, ready for a second 3-bedroom, 1-bathroom apartment plus an efficiency unit, or reconfigured into a spacious 4-bedroom, 2-bathroom layout. Create private spaces for parents, grandparents etc- while keeping everyone under one roof. Finish it to fit your needs. Conveniently located close to downtown. CASH only or possible conventional financing with large downpayment.

Investor Tools

$0Estimated Mortgage Balance
$106,600Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$147,492
Rent-to-Value Ratio: 0.72%
Rent Estimate
$681 /month
Positive
Cash Flow Estimate:
$227 /month

Interested in this property?

Jacqueline O'Neill

Corpus Christi Realty Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,066
$106,600
2025
$22,856
$83,744
$106,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,066
$106,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$106,600
100%
0%
$0/mo

City: Corpus Christi