419 Gulfspray Avenue

Corpus Christi, TX 78402

$450,000
Price
4
Beds
4
Baths
1,060 Sq. Ft.
$425 / Sq. Ft.
1,060
Sq. Ft.
$425
per Sq. Ft.

Description

10%+ cap rate! Great INVESTOR opportunity, FURNISHED Triplex on North Beach in Corpus, just 2 blocks from the Beach and 2-minutes' drive from the Texas State Aquarium, USS Lexington, and restaurants. It's just over the Harbor Bridge from Downtown Corpus Christi, Whataburger Field, the Marina, museums, I-37, and more. The North Beach Canal Project will be near if current plans hold. Either way, rent potentials easily surpass the 1% rule. NEW Roof 2022. The upstairs unit is a ~1060 SF updated 2/2 featuring...10%+ cap rate! Great INVESTOR opportunity, FURNISHED Triplex on North Beach in Corpus, just 2 blocks from the Beach and 2-minutes' drive from the Texas State Aquarium, USS Lexington, and restaurants. It's just over the Harbor Bridge from Downtown Corpus Christi, Whataburger Field, the Marina, museums, I-37, and more. The North Beach Canal Project will be near if current plans hold. Either way, rent potentials easily surpass the 1% rule. NEW Roof 2022. The upstairs unit is a ~1060 SF updated 2/2 featuring Central Air, laminate and vinyl floors for easy sand cleanup, granite countertops, a wood-burning fireplace, and walkway-decks on all sides. The downstairs has 2x updated 1/1 units with hard flooring, tiled walk-in showers, and window units. These have been rented out on a week-to-week basis for mainly project workers, but higher rates of income are possible for weekly or vacation-rental setup, especially during busy times of year. Could be a vacation beach home with rentals as well.
  1. Listed by Brenton Reagan • TREC #0669077 • Cass Real Estate

Property Details for 419 Gulfspray Avenue

Parking Features
ConvertedGarage, Concrete, FrontEntry, RearSideOffStreet
Parking Total
6.00
Stories
1
Subdivision Name
Brooklyn
View
Beach, Water
Waterfront
No

Location

Listing Courtesy of Cass Real Estate
Add your commute
LISTING UPDATED: 10/27/2023 04:09 PM

Property Details for 419 Gulfspray Avenue

StatusActive
MLS #419633
Days on Market345
Taxes$1,572 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Triplex
Year Built1975
Lot Size0.11 AC / 4,791 SF
CountyNueces County

Location

Listing Courtesy of Cass Real Estate
Add your commute

Building Information for 419 Gulfspray Avenue

Stories1Residences1Year Built1975Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$2,587 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$131

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 419 Gulfspray Avenue

Summary
Location and General Information
  • City: Corpus Christi
  • County Or Parish: Nueces
  • Direction Faces: Northeast
  • State Or Province: TX
  • Road Surface Type: Paved
  • Road Frontage Type: AllWeatherRoad, CityStreet
  • Postal Code: 78402
Taxes and HOA Information
  • Parcel Number: 105500650115
  • Tax Annual Amount: $1,572.00
  • Tax Block: 65
  • Tax Legal Description: BROOKLYN BLK 65 LOT 11
  • Tax Lot: 11
School Information
  • Elementary School: Evans
  • Elementary School District: Corpus Christi ISD
  • High School: Ray
  • High School District: Corpus Christi ISD
  • Middle Or Junior School: Wynn Seale
  • Middle Or Junior School District: Corpus Christi ISD
Virtual Tour
Property
Lot Information
  • Building Area Source: Appraiser
  • Building Area Total: 1060.0
  • Living Area: 1060.0
  • Living Area Source: Appraiser
  • Lot Features: CornerLot
  • Lot Size Acres: 0.11
  • Lot Size Area: 4713.0
  • Lot Size Dimensions: ~50x95
  • Lot Size Square Feet: 4713.0
Property and Assessments
  • Documents Available: Aerial
  • Year Built: 1975
  • Property Sub Type: Triplex
  • Property SubType Additional: Triplex
  • Property Type: Residential
  • Construction Materials: Frame, ShingleSiding, WoodSiding
Utilities
  • Sewer: PublicSewer
  • Utilities: SewerAvailable, UndergroundUtilities, WaterAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck
  • Fencing: None
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Open, Patio
  • Pool Features: None
  • Roof: Shingle
  • Security Features: SmokeDetectors
  • View: Yes
Interior Features
  • Appliances: ElectricCooktop, ElectricOven, ElectricRange, Refrigerator, RangeHood
  • Cooling: Yes
  • Cooling: Electric, CentralAir, WindowUnits
  • Fireplace: Yes
  • Fireplace Features: WoodBurning
  • Fireplaces Total: 1
  • Flooring: Laminate, Vinyl
  • Heating: WindowUnit, Central, Electric
  • Heating: Yes
  • Interior Features: BreakfastBar, CeilingFans
  • Laundry Features: None
  • Levels: One
  • Stories Total: 1
  • Window Features: WindowCoverings
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 4
Mobile Home
Mobile/Manufactured Home
  • Human Modified: Yes
Multi Family
Multi-Family Information
  • NumberOfUnitsTotal: 1
Income & Expenses Information
  • Utilities Expense: $5,500
  • Gross Income: $55,000.00
  • Insurance Expense: $2,400.00
  • Operating Expense: $9,500.00
Unit 1
  • Baths Total: 4
  • Beds Total: 4

Property History for 419 Gulfspray Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 419 Gulfspray Avenue

Taxable ValueLand$26,859Additions$113,561Total$140,420
Home Facts
Total Finished SqFt1,060 SqFtAbove Grade Finished SqFt1,060 SqFtStories1Lot Size4,704 SqFtStyleQuadraplexYear Built1975CountyNUECESAPN1055-0065-0115Fireplace TypeHas Fireplace

Schools near 419 Gulfspray Avenue

This home is within Corpus Christi Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 7 to 12
Public - 8 to 12
Rating
School
Distance
Evans Ses
PublicPK to 5

Driscoll Middle School
Public6 to 8

Roy Miller High School And Metro School Of
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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419 Gulfspray Avenue is a multi-family home for sale in Corpus Christi, TX 78402. This property was listed for sale on May 17, 2023 by Cass Real Estate, it's currently listed at $450,000. This listing's school district is Corpus Christi Independent School District. Nearby schools include Evans Ses, Driscoll Middle School and Roy Miller High School And Metro School Of. 419 Gulfspray Avenue is a 4-bed, 4-bath, 1,060 sqft multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cass Real Estate

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.