For sale

$250,000

502 Waverly Dr, Corpus Christi, TX 78412

3beds

1,318sqft

$1,772/mo

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Single Family Residence

Built in 1955

8,281 Square Feet Lot

$240,800 Zestimate^®

$190/sqft

$-- HOA

What's special

Fully furnished property

Turnkey duplex investment opportunity in Corpus Christi generating approximately $2,200/month net in rental income. This fully furnished property at 502 Waverly Dr offers immediate cash flow with 2 units virtually no upfront setup, making it ideal for both new and experienced investors. Recent updates include a new roof installed in 2025, a washer and dryer installed in 2025, adding tenant convenience and long-term value. The property is being sold fully furnished with all on-site items conveying, allowing for a seamless transition for continued rental operations. Current ownership reports approximately $400/month in utilities, $3,678 in 2025 property taxes, and $670 for insurance. Located in an established area of Corpus Christi, this property provides consistent income potential with stabilized expenses and strong rental demand. Whether you're expanding your portfolio or seeking a ready-to-go income-producing asset, this opportunity checks all the boxes.

31 days

579

41

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Dishwasher, Gas Cooktop, Refrigerator, Range Hood
Laundry: Washer Hookup, Dryer Hookup

Features

Air Filtration, Other
Flooring: Laminate, Tile
Has fireplace: No

Interior area

Total structure area: 1,318
Total interior livable area: 1,318 sqft

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Property

Parking

Total spaces: 2
Parking features: Concrete, Garage
Garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Open, Patio
Pool features: None
Fencing: Wood

Lot

Size: 8,281 Square Feet
Features: Corner Lot

Details

Parcel number: 928900020340

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence
Attached to another structure: Yes

Materials

Wood Siding
Foundation: Slab
Roof: Shingle

Condition

Year built: 1955

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available

Community & HOA

Community

Features: Short Term Rental Allowed
Security: Smoke Detector(s)
Subdivision: Waverly Estates #3

HOA

Has HOA: No

Location

Region: Corpus Christi

Financial & listing details

Price per square foot: $190/sqft
Tax assessed value: $152,484
Annual tax amount: $3,375
Date on market: 7/26/2026
Cumulative days on market: 31 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$240,800

$229,000 - $253,000

$1,471/mo

Price history

Date	Event	Price
7/26/2026	Listed for sale	$250,000-7.1%$190/sqft
Source: South Texas MLS #479957 Report a problem
11/5/2024	Listing removed	$269,000$204/sqft
Source: South Texas MLS #450133 Report a problem
10/29/2024	Listed for sale	$269,000+8%$204/sqft
Source: South Texas MLS #450133 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
10/30/2019	Listing removed	$249,000$189/sqft
Source: Owner Report a problem
9/30/2019	Listed for sale	$249,000$189/sqft
Source: Owner Report a problem
2/22/2018	Listing removed	$1,000$1/sqft
Source: Owner Report a problem
2/18/2018	Listed for rent	$1,000$1/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,375 -3.4%	$152,484 -5.1%
2024	$3,494 +22.4%	$160,678 +20%
2023	$2,854 -26.5%	$133,898 -14.2%
2022	$3,882 +11.5%	$156,045 +16.1%
2021	$3,483 +9.7%	$134,366 +10.7%
2020	$3,174 +31.1%	$121,413 +31.4%
2019	$2,422	$92,392 -1.8%
2018	$2,422 +2.9%	$94,096 +7.8%
2017	$2,354 -4.3%	$87,279 -6.4%
2016	$2,461	$93,245 -1.7%
2015	$2,461	$94,893 -1.9%
2014	$2,461	$96,755 +142.8%
2012	--	$39,842 -22%
2011	--	$51,072 -6.5%
2010	--	$54,599 -33.9%
2009	--	$82,629 +54.4%
2008	--	$53,518
2007	--	$53,518
2006	$1,632 +5%	$53,518 +8.1%
2005	$1,555	$49,525
2004	--	$49,525 -4%
2003	--	$51,576
2002	--	$51,576
2001	--	$51,576
2000	--	$51,576

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: Bay Area

Getting around

31 / 100

Car-Dependent

30 / 100

Some Transit

47 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

3/10
Meadowbrook Elementary School
Grades: PK-5Distance: 0.8 mi
5/10
Haas Middle School
Grades: 6-8Distance: 1.1 mi
4/10
King High School
Grades: 9-12Distance: 1.6 mi

Schools provided by the listing agent

Middle: Haas
High: King
District: Corpus Christi ISD

Source: South Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.