10518 Heizer Drive, Corpus Christi, TX 78410
Local realty services provided by:Better Homes and Gardens Real Estate Saenz & Associates



Listed by:wesson assefa
Office:wesson assefa
MLS#:457503
Source:South Texas MLS
Price summary
- Price:$899,900
- Price per sq. ft.:$84.58
About this home
Rare opportunity to acquire a 12-unit apartment building in Corpus Christi for under $1M. Currently 30% occupied. It's an ideal repositioning asset for an investor looking to capitalize on upside via renovation and lease-up. The building is well-located with strong rental demand and market comps to support the proforma assumptions.
Significant upside through lease-up and stabilization.
Market rents projected at $995/unit
Stabilized gross income: $131,340
Stabilized NOI: ~$92,000
Property is being sold as-is. Buyers to verify all information.
Contact an agent
Home facts
- Year built:1973
- Listing Id #:457503
- Added:133 day(s) ago
- Updated:August 19, 2025 at 11:50 PM
Rooms and interior
- Bedrooms:24
- Total bathrooms:18
- Full bathrooms:12
- Half bathrooms:6
- Living area:10,640 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Year built:1973
- Building area:10,640 sq. ft.
- Lot area:0.4 Acres
Schools
- High school:Tuloso Midway
- Middle school:Tuloso Midway
- Elementary school:Tuloso Midway
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$899,900
- Price per sq. ft.:$84.58
- Tax amount:$15,516
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