419 GULFSPRAY AVENUE, CORPUS CHRISTI, TX 78402

Homes for sale in Corpus Christi.

Homes for sale in 78402.


419 Gulfspray Avenue

Corpus Christi, TX 78402

Active

List Price$365,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #473711

4

Bedrooms

4 full

Bathrooms

1,060

Square Feet

1

Number of Units

House

Type

About This Property

11%+ CAP RATE! FURNISHED TRIPLEX ON NORTH BEACH -- INVESTOR OPPORTUNITY Exceptional investment opportunity just two blocks from the beach on North Beach in Corpus Christi. This furnished triplex offers strong income potential and a prime location near top attractions, including the Texas State Aquarium, USS Lexington, and local restaurants. Conveniently situated just over the Harbor Bridge from Downtown Corpus Christi, Whataburger Field, the Marina, museums, I-37, and more. The property features a new roof installed in 2022 and three well-maintained units. The upstairs unit, approximately 1,060 square feet, is an updated 2-bedroom, 2-bathroom with central air, granite countertops, laminate and vinyl flooring for easy beach cleanup, and a wood-burning fireplace. Walkway decks surround the upper level, providing outdoor space and coastal breezes. The two downstairs units are updated 1-bedroom, 1-bathroom layouts with hard-surface flooring, tiled walk-in showers, and window units. These units have been successfully rented on a week-to-week basis to project workers but offer significant income upside as short-term or vacation rentals, especially during peak tourist seasons. The North Beach Canal Project, if completed as planned, is expected to enhance the area's value and appeal even further. Current and potential rental rates easily surpass the 1% rule, making this a rare find for investors seeking strong cash flow in a desirable location. Whether you are looking to expand your rental portfolio, operate a short-term rental business, or enjoy a personal beach retreat with rental income, this property delivers excellent versatility and return potential.

Property Features

Location Information

County

Nueces

Subdivision

Brooklyn

Interior Features

Interior

Window Treatments, Breakfast Bar

Cooling

Electric, Central Air, Window Unit(s)

Full Baths

4

Floors

Laminate, Vinyl

Has Fireplace

Yes

Laundry

None

Number of Fireplaces

1

Appliances

Electric Cooktop, Electric Oven, Electric Range, Refrigerator, Range Hood

Fireplace Description

Wood Burning

Total Number of Units

1

Heating

Window Unit, Central, Electric

Exterior Features

Stories

2

Parking Description

Concrete, Front Entry, Other, On Street

Construction/Exterior

Frame, Wood Siding

Fencing

None

Exterior

Deck

Patio / Deck Description

Covered, Deck, Open, Patio

Foundation

Slab

Lot Size in Acres

0.11

Possession

Subject To Tenant Rights

Lot Size in Sq. Ft.

4,713

Water / Sewer

Public Sewer

Road Description

Asphalt, Concrete

Water

Public

Has Waterfront

No

School

Elementary School District

Corpus Christi ISD

Middle School

Wynn Seale

Elementary School

Evans

High School

Ray

Additional Information

Roof/Attic

Shingle

Property SubType 2

Residential

Other Utilities

Sewer Available, Water Available

Year Built

1975

Property Type

SFR

Status

Active

Property SubType

Triplex

Square Feet Source

Appraiser

Similar Listings

Mortgage Calculator

$1,704

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,315

Monthly Tax

$304

Monthly Insurance

$85

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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