Last 24 Hours
$289,500
724 Elizabeth St, Corpus Christi, TX, 78404
Under Contract
— Beds
— Bath
2,660 Sq Ft
$108.83 / sqft
Built in 1980Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms —
Bathrooms —AppliancesFree Standing Range, Gas Oven, Gas Range, Refrigerator, Range Hood
FlooringHardwood, Laminate, Tile
Exterior
Lot Size6,490 sqft
Building Information
Year Built1980
Stories2
Roof Type105
Land Information
APN5983-0013-0150
Lot Number15
SubdivisionOcean View
Land UseResidential
Legal DescriptionOCEAN VIEW LT 15 PARK BLK
Census Tract001202
Assessed Land Value$9,750
Assessed Improvement Value$214,386
Assessment Year2025
About this property
This classic brick 4-plex is ideally situated within easy walking distance to the beautiful Corpus Christi Bayfront and CHRISTUS Spohn Shoreline Hospital. Each unit retains its original character with hardwood floors and inside archways. Set on a large lot, this property offers excellent rental yields in a highly sought-after medical and coastal district. Whether you are looking to maintain a steady multi unit income stream or capitalize on an unbeatable location for medical, legal offices or other office uses, this property is a rare find!
Investor Tools
$0Estimated Mortgage Balance
$224,136Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,737 /month
Positive
Cash Flow Estimate:
$579 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,023
$224,136
2025
$9,750
$214,386
$224,136
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,023
$224,136
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$224,136
100%
0%
$0/mo
12.4%