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.
Property Details
- Interior
- Other
- Heating
- Other
- Cooling Features
- Other
- Bedrooms
- 3
- Bathrooms
- 1.0
- Full Baths
- 1
- Lot Features
- Other
- Stories
- 1
- Lot Description
- Other
- Exterior Features
- Other
- Exterior Materials
- Other
- Acres
- 0.166
- Square Feet
- 660.0
- Lot Size (sqft)
- 7227.0
- Parking Features
- Concrete, Rear Side Off Street
- Parking Garage Spaces
- 0.0
- Property Type
- Purchase
- Property Subtype Additional
- Detached
- Year Built
- 1971
- Foundation
- Pillar Post Pier
- Roof
- Shingle
- Subdivision
- Meuly C A
- Community Features
- Short Term Rental Allowed
- School District
- Corpus Christi Isd
- Elementary School
- Allen
- Middle School
- Wynn Seale
- High School
- Miller
- County
- Nueces
- Region
- Corpus Christi
- Original List Price
- $73,000
- Days on Market (Cumulative)
- 138
- HOA Fees
- 0.0
Location
Legal
Based on information from South Texas MLS, LLC for the period 01/01/2024 through 12/31/2024. 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 listing data contained is a copyright of Texas Association of REALTORS® and that reproduction or distribution is not allowed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Provided By
Listed by Annalisa Rios (#0752560)
Listing Office: eXp Realty LLC (#211119)
