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Days136Days on Market
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$550,000

901 Furman Ave, Corpus Christi, TX, 78404

On MarketInfo
Beds11 Beds
Baths9 Bath
Baths5,320 Sq Ft
ApartmentApartment
price_per_sqft$103.38 / sqft
Year BuiltBuilt in 1900

Highlights

Interior

Bedrooms 11Bedrooms 11
Bathrooms Half 9Bathrooms Half 9

Exterior

Lot Size12,023 sqft

Building Information

Roof Type105

Land Information

APN5458-0002-0050
Lot Number5
SubdivisionMushaway Grinnage
Land UseResidential
Legal DescriptionMUSHAWAY GRINNAGE BLK 2 LOT 5
Census Tract001201
Assessed Land Value$90,000
Assessed Improvement Value$286,313
Assessment Year2025

About this property

This 9-unit property features two 2BD/1BA, six 1BD/1BA and one efficiency unit in a central location near Downtown Corpus Christi,Del Mar College and TAMU-CC. Front building (A–F): 6 units with central A/C (Unit D has mini-split) Rear building (G–J): 3 units with window A/C and on-site storage Owner pays water, sewer, and trash; tenants pay electricity (individually metered). Separate gas meters available; apartments are transitioning to electric appliances, including water heaters. Apartments generate average $5,100/month gross income. Efficiency unit vacant and in need of repairs, providing immediate revenue potential. Additional value-add opportunities include HVAC, interior, and appliance upgrades. Ideal for investors seeking a hands-on opportunity in a high-demand rental market.

Investor Tools

$0Estimated Mortgage Balance
$376,313Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Cigdem Zambrano

BK Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$839/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,183
$376,313
2025
$90,000
$286,313
$376,313
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,183
$376,313

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$376,313
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.

Explore Texas Explore This Area
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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901 Furman Ave | Property Details | No Agent List