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510 S Musina St #A, Pt Isabel, TX, 78578

4beds
7baths
2,645sqft
$499,900
$189price/sqft
$3,564/moest. monthly cost
$142,560/yrincome needed

About This Home

An exceptional investment opportunity awaits with this fully occupied 5-plex, perfectly positioned in the heart of Port Isabel on two prominent corner lots. Boasting a prime location directly across from the city park and just a 5-minute drive over the causeway to the sandy beaches of South Padre Island, this property offers both convenience and long-term value in one of the area's most desirable markets. The main residence features 3 spacious bedrooms, 2.5 baths, and a 2-car garage, blending comfort and function for tenants seeking a larger home environment. Complementing the main home are three studio efficiencies, each with its own private bath, along with a well-appointed 1-bedroom, 1-bath apartment. Together, these five units create a diverse mix of rental options that appeal to a wide range of tenants. Currently producing $4,777 per month in rental income, this property represents a stable, income-generating asset with immediate returns. Prime location & strong rental history!

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

6/10
Garriga Elementary SchoolGrades PK-50.2 mi
4/10
4/10
Port Isabel High SchoolGrades 8-122.5 mi

Construction

Condition

  • Property condition: Remodeled
  • Year built: 1968

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Microwave,Oven,Refrigerator,Stove,Washer/Dryer
  • Laundry features: Washer/Dryer Hook-up

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s)
  • Flooring: Tile

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 2,645
  • Total interior livable area: 2,645 sqft

Property

Details

  • Parcel number: 4700000110007000
  • Zoning: MF

Features

  • Levels: One,Other-See Remarks
  • Stories: 1
  • Exterior features: Private Yard,Other

Lot

  • Lot size: 0.28 Acres
  • Features: Other,Less than 1 Acre

Parking

  • Total spaces: 2
  • Parking features: Double Attached Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2