Income-Generating Property with Prime Location Off HWY 286 (Crosstown Expressway)! This versatile investment property consists of four buildings, including a small retail space and three fully prepared one-bedroom, one-bath efficiencies ready to rent. Perfectly positioned just off Highway 286, this property offers a unique blend of commercial and residential income potential in a high-demand area. The retail building provides opportunities for a small business or additional rental income, while the one-bedroom efficiencies are move-in ready, making it easy to start generating revenue right away. Don’t miss out on this fantastic investment opportunity – schedule your viewing today!
Property Details
Property Features
Property Information:
Year Built: 1945
Stories: 1
Living Area: 1,157 SqFt
Listing Office:
Office Name: KW Coastal Bend - Island
Office Phone: (361) 949-8282
Listing Agent: Kim Erwin
Interior Features
Interior Information:
Flooring Type: Other
Interior: Other
Exterior Features
Parking Information:
Parking: Other
Lot Features
Lot Information:
Lot: Interior Lot
Utilities
Utilities Information:
Cooling: Window Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $174,000
Price Per SqFt: $150/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Corpus Christi, TX.
Last updated on: 11/24/2024, 1:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$936
Per Month
Principal & Interest
$869
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$588
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
T. G. Allen Elementary School
1414 18th St
Distance between this listing and this school0.59 miles
Public District Grades PK-5
4
/10
Evans Ses
1315 Comanche St
Distance between this listing and this school0.65 miles
Public District Grades PK-5
3
/10
Zavala Special Emphasis School
3125 Ruth St
Distance between this listing and this school1.01 miles
Public District Grades PK-5
Nearby Schools
4
/10
Corpus Christi Montessori School
822 Ayers St
Distance between this listing and this school0.94 miles
Public Charter Grades 1-8
5
/10
Promesa College Preparatory West Corpus Christi
3102 Baldwin Blvd
Distance between this listing and this school1.07 miles
Public Charter Grades PK-8
2
/10
Robert Driscoll Middle School
3501 Kenwood Dr
Distance between this listing and this school1.43 miles
Public District Grades 6-8
Nearby Schools
4
/10
Roy Miller High School
1 Battlin Buc Blvd
Distance between this listing and this school1.07 miles
Public District Grades 9-12
1
/10
Coles High School and Educational Center
924 Winnebago St
Distance between this listing and this school1.20 miles
Public District Grades 8-12
8
/10
Collegiate High School
101 Baldwin Blvd Rm 203
Distance between this listing and this school1.38 miles
The neighbors living near this home have an average income of $27,439. The most common annual income of people living in Corpus Christi, TX is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 1810 Morris St 1800, 1802, 1804 in Corpus Christi, TX and zip code 78401 in the Central City neighborhood. This 1,157 square foot home was built in 1945. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $174,000.
The number of homes for sale in Corpus Christi, TX increased by 21.1% between September 2024 and October 2024. In October 2024, listings were on the market for 110 days. During the same period, the median list price in this real estate market was $298,999.
From Rocket Homes Real Estate and based on county public records data.