#437908, Gene Guernsey, Listing Office: Gene Guernsey & Assoc.Realtors
254 Rosebud Ave Corpus Christi, TX 78404
Property details
About 254 Rosebud Ave
This recently renovated 4-plex in the heart of Corpus Christi is a prime investment opportunity. Located on the same block as the premium Ocean Drive block, with million-dollar homes just a few houses down, this property offers unmatched potential. Perfect for value-add strategies, it’s ideal for all types of rental programs, medium-term or short-term rentals to increase rents. Each unit features generously sized rooms, washer/dryer hookups, and updated interiors, making it a desirable rental property with a 95% occupancy rate. With a current rent roll of $4500 and a pro forma of $4,700, this property delivers strong cash flow with room for growth. Additional value-add opportunities include an exterior paint upgrade and implementing a RUBS (Ratio Utility Billing System), further boosting your return. This property is perfect for FHA buyers, offering a 3.5% down payment option to live in one unit while renting out the others. For investors, 1031 exchange and DSCR loan options are also available. This is part of a larger portfolio with multifamily options ranging from duplexes to 10-plexes. Contact us for information on other available properties in Corpus Christi and San Antonio.
Highlights
Virtual tour
Summary
- MLS Number: 453363
- MLS Name: SouthTexasMLS
- Office Name: TruStar Real Estate
- Office Phone: (877) 400-0340
- Office Email: info@trustar.us
- Listing Agent: Payton Dodson
Based on Information provided by South Texas MLS, LLC ©2025. 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 MLS aggregate data is a copyright of Texas Association of REALTORS® (TAR) and that the reader may not reproduce or distribute the MLS aggregate data. IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 3/14/2025, 4:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$415,000
254 Rosebud Ave
$4,928
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $561,566 | $11,429 |
2023 | $536,257 | $- |
2022 | $352,500 | $4,265 |
2021 | $164,546 | $4,244 |
2020 | $162,344 | $4,244 |
2019 | $146,568 | $4,494 |
2018 | $170,000 | $4,494 |
2017 | $170,000 | $4,084 |
History based on county public records data.
Nearby schools
7
Moses Menger Elementary School
Public District PK-5
0.5 mi
•2401 S Alameda St
5
Wynn Seale Metropolitan School of Design
Public District KG-6
0.9 mi
•1707 Ayers St
4
T. G. Allen Elementary School
Public District PK-5
1.4 mi
•1414 18th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,051. The most common annual income of people living in Corpus Christi, TX is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 254 Rosebud Ave in Corpus Christi, TX and zip code 78404 in the Bay Area neighborhood. This 4,696 square foot home, which was built in 1942, sits on a 0.24 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $415,000.
While more than 17 listings in Corpus Christi, TX in February 2025 were sold above asking price, there were more than 32 listings sold at asking price, and more than 113 were sold below. The number of listings in Corpus Christi, TX increased by 12.7% between January and February 2025. In February 2025, listings were on the market for 111 days. During the same period, the median list price in this real estate market was $275,000.