1802 Morgan Ave, Corpus Christi, TX, 78404
About This Home
Excellent value-add opportunity in a CG-2 (General Commercial) zoning district. This income-producing property is currently configured with five residential units plus a downstairs commercial/storage space, all fully leased and generating $3,800 per month in stable income. The CG-2 zoning allows for a wide range of commercial uses, offering strong upside potential through repositioning the residential units to commercial tenants and increasing rents over time. Investors can enjoy immediate cash flow while exploring redevelopment or re-tenanting strategies to maximize returns. Well-suited for a first-time investor or a buyer looking to add a flexible, mixed-use asset to their portfolio with both income stability and long-term growth potential.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 2017
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Electric Cooktop,Refrigerator,Dryer
- Laundry features: Dryer Hookup
Features
- Flooring: Tile
Heating & Cooling
- Heating features: Window Unit
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 3,232
- Total interior livable area: 3,232 sqft
Property
Details
- Parcel number: 048800040100
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 7,392 sqft
- Features: Other
Parking
- Parking features: Asphalt
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Heat Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,654 | $31,848 |
| Home Insurance * | $221 | $2,652 |
| Property Taxes | $612 | $7,344 |
| Electricity | $354 | $4,258 |
| Total | $3,841 | $46,092 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-21 | Listing removed | $2,600 |
| 2026-01-30 | Listed for rent | $2,600 |
| 2026-01-21 | Listing removed | $2,600 |
| 2026-01-12 | Listed for sale | $525,000 |
| 2026-01-04 | Listed for rent | $2,600 |
| 2025-12-20 | Listing removed | $2,600 |
| 2025-12-03 | Listed for rent | $2,600 |
| 2025-11-26 | Listing removed | $2,600 |
| 2025-09-28 | Listed for rent | $2,600 |
| 2025-07-14 | Listing removed | $2,999 |
| 2025-06-23 | Listed for rent | $2,999 |
| 2025-05-18 | Listing removed | $2,999 |
| 2025-03-17 | Price change | $2,999 |
| 2025-02-20 | Price change | $2,800 |
| 2025-01-08 | Listed for rent | $2,500 |
| 2025-01-06 | Listing removed | $3,000 |
| 2024-12-30 | Listed for rent | $3,000 |
| 2024-12-08 | Listing removed | $3,000 |
| 2024-11-04 | Listed for rent | $3,000 |
| 2024-10-01 | Listing removed | $2,400 |
| 2024-09-20 | Price change | $2,400 |
| 2024-09-10 | Price change | $2,300 |
| 2024-08-29 | Price change | $2,400 |
| 2024-08-16 | Listed for rent | $2,500 |
| 2024-02-20 | Listing removed | -- |
| 2020-04-20 | Sold | -- |
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