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Investment Highlights

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

Executive Summary

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.

Property Facts

Price $1,758,078 CAD
Price Per Unit $439,520 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Apartment Style Townhome
Building Class B
Lot Size 0.19 AC
Building Size 5,636 SF
Average Occupancy 0%
No. Stories 2
Year Built 2025
Parking Ratio 1.42/1,000 SF
Zoning RM-3 Multi-Family

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Yard
  • Double Pane Windows
  • Island Kitchen
  • Linen Closet
  • Pantry
  • Patio
  • Vinyl Flooring

Site Amenities

  • Individual Locking Bedrooms

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 4 - -
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
289046
Land Assessment
$176,122 CAD
Improvements Assessment
$0 CAD
Total Assessment
$176,122 CAD
  • Listing ID: 41619264

  • Date on Market: 2026-08-09

  • Last Updated:

  • Address: 13981 Ports O Call Dr, Corpus Christi, TX 78418

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