tomo logo

$197,000

Beds
3
Baths
4.0
sq ft
1,114

1335 6th St, Corpus Christi, TX 78404

1335 6th St

Corpus Christi, TX 78404

  • <1 day on market
Are you looking to put your money to work for you? This property has all units occupied with signed leases and generates $33,300 in gross annual revenue. Not bad for a property under 200k! The property is a duplex in front (1 bedroom each) and behind it is a 1 bedroom garage apartment with an efficiency above it. Call your favorite Realtor to take a closer look at this cash flow gem!

Details

Property type

Est. home value

$166,529

Lot size

6,617 sq ft

Price per sq ft

$177

Year built

1965

HOA

No

Price History

02/23/2025
SouthTexasMLS

SouthTexasMLS #454804

Listed
$197,000

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Menger

Middle school: 

Hamlin

High school: 

Ray

High school district: 

Corpus Christi ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$68,794
Asking price
$197,000
Closing costs (~8% of asking)
-$15,760
Est. remaining loan balance
-$112,446
Cash to seller
$68,794

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Amres Corporation

Loan start date

July 2023

Original loan amount

$114,400

Est. remaining balance

$112,446

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Kim A Mcewen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 4:05 PM

Listing updated: 02/23/2025 at 1:10 PM

Listed by: Jeffrey Untersee, Keller Williams Coastal Bend Phone #: (361) 225-7900

MLS: SouthTexasMLS #454804

SouthTexasMLS logo

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