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

4beds
7baths
2,645sqft
$498,000
$188price/sqft
$3,553/moest. monthly cost
$142,120/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

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

  • Hurricane
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Cold Wave
Hail
Heat Wave
Ice Storm
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm

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

MonthlyAnnual
Mortgage $2,518$30,216
Home Insurance *$185$2,220
Property Taxes $560$6,720
Electricity $290$3,485
Total$3,553$42,636
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$121,817/yr
40% on housing$106,590/yr
45% on housing$94,746/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 78578$169
Cameron County$150

vs Homes Sold Last Month

Median $/sqft

ZIP 78578$252
Cameron County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-01-05Price change$499,900
2025-09-03Listed for sale$519,000

For Sale by Agent

AgentLisa Capistran
BrokerageSPI Beachfront Realty

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