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$275,000

929 Mcdonald St, Corpus Christi, TX, 78418

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,552 Sq Ft
DuplexDuplex
price_per_sqft$107.76 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2

Exterior

Lot Size7,013 sqft

Building Information

Year Built1972
Roof Type105

Land Information

APN2540-0012-0080
Lot Number8
SubdivisionFlour Bluff Park
Land UseResidential
Legal DescriptionFLOUR BLUFF PARK BLK 12 LOT 8
Census Tract003004
Assessed Land Value$25,550
Assessed Improvement Value$68,787
Assessment Year2025

About this property

Investor opportunity in Corpus Christi’s 78418 area. 929 & 933 McDonald consist of two duplexes offering a total of four rental units providing a combined current gross rental income of $2,700 per month. The units have been well cared for with upgrades over the years. Current rents may also provide an opportunity for a new owner to evaluate future rent increases or alternative rental strategies. With the property’s location, an investor could explore furnished monthly or mid-term rentals catering to military personnel, traveling professionals, contractors, or others needing flexible housing. Location is a key advantage. The property is close to Naval Air Station Corpus Christi and approximately a 10-minute drive to area beaches, boating, and some of the Coastal Bend’s best fishing. Restaurants, shopping, and everyday conveniences are nearby, with many destinations accessible by bike or a short drive. Two duplexes, four income-producing units, existing rental income, and potential for additional upside make this an attractive opportunity for an investor looking to expand their portfolio in a convenient Corpus Christi location.

Investor Tools

$0Estimated Mortgage Balance
$229,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Diane Walker

Coldwell Banker Pacesetter Ste

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$249/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,844
$94,337
2025
$25,550
$68,787
$94,337
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,844
$94,337

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$193,000
100%
0%
$0/mo

City: Corpus Christi

929 Mcdonald St | Property Details | No Agent List