13981 Ports O Call Dr - Multi-Family FOR SALE


Corpus Christi, TX 78418- Padre Island
$1,260,000 USD
361-225-7900
13981 Ports O Call Dr, Corpus Christi, TX for Sale
$1,260,000 USD
Multi-Family - FOR SALE
1/31
null | Request Cap Rate

13981 Ports O Call Dr
Corpus Christi, TX 78418
Padre Island


HIGHLIGHTS

  • Capital Preservation & Zero Initial CapEx: 2026 new construction minimizes initial maintenance reserves and repair overhead.
  • Tax Acceleration Eligible: Qualifies for Cost Segregation acceleration and 27.5-year residential straight-line depreciation benefits.
  • 1031 Exchange Ready: Turnkey build with clear title, immediate occupancy, and flexible execution options.
  • Operational Versatility: Multi-family zoning allows for STR (Short Term Vacation Rentals), Long Term Lease Up, or Hybrid Strategy.
  • Management Efficiency: Four large townhomes on one physical parcel provide economies of scale.
  • Tenant Attraction: Each unit features an attached 1-car garage and a private enclosed yard - rare amenity highlights.

OVERVIEW

13981 Ports O Call Drive is a brand-new, four-unit multi-family asset positioned in the growing North Padre Island coastal submarket. The property represents an ideal acquisition for investors seeking low-maintenance ownership, clean capital deployment, and strategic operational flexibility. Unlike single-family homes or individual condominium units, this quadplex consolidates four spacious residential townhomes under a single management footprint. Each of the four identical townhome units features: 3 bedrooms / 2.5 baths Open Living Layout Laundry Attached Private 1-Car Garage Private Enclosed Rear Yard & Covered Patio Durable, Low-Maintenance Materials (Hardie Board exterior, luxury vinyl plank flooring, granite surfaces, SS kitchen appliance suite) The layout appeals directly to both long-term residential renters seeking space and garage storage, as well as vacation guests needing multi-bedroom accommodations. Located steps from canal access and minutes from Gulf Coast beaches, waterfront dining, boating, kayaking, fishing, bird watching, surfing - this property benefits from year-round recreational activities. ACQUISITION SUMMARY: Price: $1,260,000 Total Units: 4 Townhomes Total Building Area: 5,636 +/- SF Occupancy Status: Vacant / Brand New Construction Association: Padre Isles POA (PIPOA) Buyer and Buyer's Agent to independently verify all property dimensions, square footage, taxes, insurance requirements, zoning ordinances, PIPOA dues/transfer fees, and intended operational use.

FOR SALE DETAILS

PRICE

$1,260,000 USD

PRICE/SF

$221 USD /SF

# OF UNITS

4

PRICE/UNIT

$315,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

RM-3 Multi-Family

APN/PARCEL ID

289046

ASK ABOUT THIS PROPERTY

Elizabeth ParsleyKeller Williams of the Coastal BendMore Info
361-225-7900

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Elizabeth ParsleyKeller Williams of the Coastal BendMore Info
361-225-7900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.