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Cap Rate Analysis: Corpus Christi, TX

Investment metrics, interactive calculators, and data-driven analysis for Corpus Christi rental properties.

Challenging for pure cash flow
Based on $220,000 median price and $1,250/mo median rent
Est. Cap Rate
3.90%
1% Rule
0.57%
Fails
GRM
14.7x
Price / Income
4.1x

Market Data

Median Home Price$220,000
Median Monthly Rent$1,250
Property Tax Rate1.68%
Population326,586
Population Growth0.8% / yr
Median Household Income$53,800
Vacancy Rate6.5%
Annual Appreciation2.2%

Cap Rate Calculator — Corpus Christi

Pre-filled with Corpus Christi medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
1.68% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
3.07%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$6,753
net operating income
Gross Rent Multiplier
14.7x
Good (<15)
1% Rule
0.57%
✗ Fails
Monthly Cash Flow
$563
before debt service
Annual Breakdown
Gross Rental Income$15,000
Less Vacancy−$975
Effective Income$14,025
Less Operating Expenses−$7,272
Net Operating Income$6,753

Cash-on-Cash Return — Corpus Christi

Factor in financing to see your actual return on invested capital in Corpus Christi.

$
$55,000
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-6.83%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$61,600
$55,000 down + $6,600 closing
Monthly Mortgage
$1,076
on $165K loan
Monthly Cash Flow
$-351
after all expenses
Annual Cash Flow
$-4,208
before taxes
Cash Flow Breakdown
Monthly Rent$1,250
Less Expenses−$525
Less Mortgage−$1,076
Monthly Cash Flow$-351

Is Corpus Christi a Good Place to Invest in Rental Property?

Corpus Christi, TX has a population of 326,586 and has been growing at 0.8% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $220,000 paired with median rents of $1,250/mo produces an estimated cap rate of 3.90%.

Property taxes at 1.68% are notably high and represent a significant drag on cash flow — model this expense carefully, as it can make or break a deal. The vacancy rate of 6.5% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 4.1x, homes cost about 4.1 times the local median income of $53,800. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 2.2% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: At current median prices, Corpus Christi is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.

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