9 days on rocket

1419 Laredo St, Corpus Christi, TX, 78401

$375,000

Home List Price

$4,453*

Closing Credit

0 Baths
2,679 SqFt
$140/SqFt
Condo

Location

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1419 Laredo St, Corpus Christi$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGravel
Year Built1955
CoolingWindow Unit(s)
MLS #447223
Lot Size0.25 Acres
StatusActive

About 1419 Laredo St

Investors, take note! This 9-unit multifamily property is a cash cow, delivering excellent cash flow and strong rental demand. Located just minutes from downtown Corpus Christi, this complex offers a prime location with close proximity to shopping, dining, and entertainment. Of the 9 apartments, several have been recently updated, attracting quality tenants and increasing the property's overall value. 7 out of 9 units are currently leased, providing a steady income stream. At the current rental rates, the property generates $6,095 per month in gross rent, with room to increase profits by making additional cosmetic renovations to further boost the rental potential. The property is currently professionally managed, providing a hassle-free investment. Whether you're looking to expand your portfolio or get started with a strong-performing asset, this property offers high returns and growth potential in a thriving market. Don't miss out on this opportunity to acquire this cash cow!

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 2
  • Living Area: 2,679 SqFt

Listing Office:

  • Office Name: NB Elite Realty
  • Office Phone: (844) 444-6237
  • Listing Agent: Tyler Fox

Interior Features

Interior Information:

  • Appliances: Range, Gas Oven, Gas Range, Refrigerator
  • Flooring Type: Laminate, Linoleum, Vinyl
  • Interior: Open Floorplan

Exterior Features

Exterior Information:

  • Exterior: Other, Fence

Parking Information:

  • Parking: Gravel

Virtual/3D Tour

  • Virtual Tour: 1419 Laredo St
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Lot Features

Lot Information:

  • Lot: Interior Lot
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $140/SqFt

Tax Information:

  • Annual Amount: $3,234
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Corpus Christi, TX.

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Corpus Christi, TX

City

Med. List Price

$298.9K

Med. Price/SqFt

$196

Avg. Days On Market

110

# of Sold Homes

4

1419 Laredo St vs Corpus Christi

9 DAYS ON ROCKET

-101 Days

$375,000

+$76K More

$140/SqFt

-$57 Less

KEY TAKEAWAY

This property is $76K more than the Median List Price and $57/SqFt less than other homes in Corpus Christi, TX.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Name: SouthTexasMLS
  • MLS Number: #447223

Listing Office:

  • Office Name: NB Elite Realty
  • Office Phone: (844) 444-6237
  • Listing Agent: Tyler Fox

IDX Based on Information provided by South Texas MLS, LLC ©2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein 'AS IS' and without any warranty, express or implied. The MLS aggregate data is a copyright of Texas Association of REALTORS® (TAR) and that the reader may not reproduce or distribute the MLS aggregate data. IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/21/2024, 1:15:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,234$123,690
2020$3,233$123,690
2019$3,273$122,371
2018$3,273$123,800
2017$1,768$120,116

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-310791
4
/10

  • Evans Ses

  • 1315 Comanche St

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-310792
6
/10

  • T. G. Allen Elementary School

  • 1414 18th St

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-310793
5
/10

  • Wynn Seale Metropolitan School of Design

  • 1707 Ayers St

  • 1.20 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,852. The most common annual income of people living in Corpus Christi, TX is less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1419 Laredo St

What is the listing price of this property?

The listing price of 1419 Laredo St property is $375,000.

What type of property is this?

The property 1419 Laredo St is a condo located in Corpus Christi, Texas, 78401.

Is this property for sale now?

Active Listing: 1419 Laredo St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,234 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 1419 Laredo St is 2,679 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1419 Laredo St is 1955.

Rocket Homes›Texas›Nueces County›Corpus Christi›78401›1419 Laredo St

This home is located at 1419 Laredo St in Corpus Christi, TX and zip code 78401 in the Central City neighborhood. This 2,679 square foot home, which was built in 1955, sits on a 0.25 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $375,000.

In October 2024 in Corpus Christi, TX there were 21.1% more homes for sale than in September 2024. While the average time on the market in October 2024 was 110 days, the median list price was $298,999.

From Rocket Homes Real Estate and based on county public records data.

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