Corpus Christi, TX 78412
502 Waverly Dr
$250,000
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Property Overview
About 502 Waverly Dr
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.
Property Highlights
- Status
- Active
- Price
- $250,000
- Property Type
- Attached
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,318 Sq Ft
- Lot Size
- 0.19 Acres
- Year Built
- 1955
- Subdivision
- Waverly Estates #3
- School District
- Corpus Christi ISD
- MLS / Listing ID
- 479957
Listing attribution: Courtesy of Rundog Real Estate Group, LLC · Leon Hrncir.
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Location & nearby active listings
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Marci Peck
REALTOR® · TREC #0723266
Corpus Christi Realty Group
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Before you make an offer
Ask about foundation movement, since much of the city sits on expansive clay. On homes built before about 1975, ask whether the cast-iron sewer lines have been scoped. Check the flood zone and whether an elevation certificate exists. Ask for windstorm certificates on the roof, windows and any additions. On canal and bayfront homes, have the dock, boat lift and shoreline structures inspected. In newer areas such as the far Southside and London, ask which taxing districts and utilities serve the lot.
Windstorm insurance and flood zones vary by property; Marci can point you to the right specialist. This isn't insurance or legal advice.
Good to know
Conditions change across the city. Inland neighborhoods sit on heavy clay that calls for foundation care; island and bayfront neighborhoods add salt air, marine structures and windstorm certification to the checklist.