419 Gulfspray Avenue, Corpus Christi, TX 78402
Local realty services provided by:Better Homes and Gardens Real Estate Saenz & Associates
Listed by:diane gardner
Office:weichert realtors - the place
MLS#:466417
Source:South Texas MLS
Price summary
- Price:$365,000
- Price per sq. ft.:$344.34
About this home
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.
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Home facts
- Year built:1975
- Listing ID #:466417
- Added:1 day(s) ago
- Updated:October 24, 2025 at 04:49 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Living area:1,060 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric, Window Units
- Heating:Central, Electric, Window Unit
Structure and exterior
- Roof:Shingle
- Year built:1975
- Building area:1,060 sq. ft.
- Lot area:0.11 Acres
Schools
- High school:Ray
- Middle school:Wynn Seale
- Elementary school:Evans
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$365,000
- Price per sq. ft.:$344.34
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