Opportunity is knocking on a 7,227 sq ft lot with a 660 sq ft structure built in 1971, this is a full scale rehab or redevelopment play with serious potential. The existing home is in distressed condition and will require a complete overhaul from top to bottom. Exterior siding shows significant wear, interior ceilings and walls need attention, and the overall condition reflects years of deferred maintenance. This is not a lipstick job this is a clean slate investment where you control the outcome and the profit margin. Positioned on a corner lot with solid frontage and layout, the property offers multiple exit strategies. Renovate and hold as a rental with projected rents estimated around $800-$1,100/month, flip for resale, or clear and rebuild to maximize the lot value. The area supports strong rental demand and consistent appreciation trends, making this a strategic addition to any portfolio. Zoned A-2 and located within Corpus Christi city limits, utilities are in place, and the footprint allows for creative repositioning. With a high sell score and favorable cap rate indicators, this is exactly the kind of asset seasoned investors chase when they want to create equity, not wait for it. Cash or hard money only. Property sold as is, where is. No repairs, no concessions.....priced to move and ready for someone who understands the game. If you’re looking for your next project with real upside, this is it.
| MLS # | 474978 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 138 |
| Listing Provided By | eXp Realty LLC | Annalisa Rios |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 660 |
| Story(s) | 1 |
| Acreage | 0.17 |
| Lot Features | Other |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Concrete, Rear Side Off Street |
| Community Features | Short Term Rental Allowed |
|---|
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78404 |
| Community Name | Meuly C A |
| Listing VS Median (in Meuly C A) | |
Price: $73,000 low | high Med: $366,500 sqft: 660 low | high Med: 2,178 $ / sqft: $111 low | high Med: $145 On site: 138 low | high Med: 159 | |
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78404 |
| Community Name | Meuly C A |
| Listing VS Median (in Meuly C A) | |
Price: $73,000 low | high Med: $366,500 sqft: 660 low | high Med: 2,178 $ / sqft: $111 low | high Med: $145 On site: 138 low | high Med: 159 | |