510 Musina Active Save Request In-Person Tour Request Virtual Tour
Port Isabel,TX 78578
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,645 sqft
Price per Sqft $196
Subdivision Original Townsite Port Isabel
MLS Listing ID 104242
Bedrooms 4
Full Baths 6
Half Baths 1
Year Built 1968
Annual Tax Amount $2,793
Tax Year 2024
Lot Size 0.275 Acres
Property Sub-Type Multi Family
Property Description
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!
Location
State TX
County Cameron
Area 2645
Zoning MF
Interior
Interior Features High Speed Internet,Ceiling Fan(s)
Heating Electric
Cooling Central Air,Window Unit(s)
Flooring Tile
Appliance Microwave,Oven,Refrigerator,Stove,Washer/Dryer
Laundry Washer/Dryer Hook-up
Exterior
Exterior Feature Private Yard,Other
Parking Features Common,Double Attached Garage
Garage Spaces 2.0
Garage Description 2
Community Features None
Utilities Available Cable Available,Electricity Connected,Water Connected,Sewer Connected,Water District
Roof Type Composition
Garage Yes
Building
Lot Description Other,Less than 1 Acre
Story One,Other-See Remarks
Foundation Slab
Schools
Elementary Schools Point Isabel Isd
Middle Schools Point Isabel Isd
High Schools Point Isabel Isd
Others
Acceptable Financing Bank Loan,Cash,Conventional,Owner May Carry
Listing Terms Bank Loan,Cash,Conventional,Owner May Carry
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