Cissy Beasley

Hi Rich - I am originally from Beeville, so I am pleased to step up and respond to your question. I have complete MLS data on this home, including the time on market. Please call me at 361-876-3626 or e-mail me at cissy.beasley@kuperrealty.com and I will be glad to share everything I have with you.

Thanks,
Cissy Beasley - Mon Oct 27 2008, 08:30

Christy Kaupert has a point...not that the north beach area is undersirable although I don't think it's anywhere near its potential, but that a great place to look is N Padre/South Mustang Island. There are some extremely high quality, new developments there. This area is truly coming into its own in completing head to head with other US beachfronts and the asking prices are reflective of that. We represent the developers of two very nice properties in that area and have been extremely pleased with the response from all over the US. When something is done right, people pay attention. - Mon Jul 21 2008, 17:19

I am a Realtor on the Texas coast and appreciated your question...it inspired me do some research!

Villa Del Sol was built in 1981, making it now a 27-year-old property located on the Corpus Christi Bayfront. At 27 years of age, Villa Del Sol exhibits normal wear issues common to a property of this vintage and especially one that is exposed to harsh waterfront elements.

There is presently something of a rehab underway which is positive considering the property's age. However, some owners - many of whom own their condo(s) as investments - may see construction and such as a deterrent to vacationers wanting to stay there and may view this transition period as a good time to sell...hence the number of units on the market.

Villa Del Sol contains 411 units, of which 65 are on the market (about 16%). This is admittedly a lot of inventory. However, there evidently is a market for these units, as 29 units have sold since July 2007. Vill Del Sol is aggressively marketing its units to vacationers, as evidenced by ads in San Antonio I have personally seen in the past few weeks. They understand that they must overcome objections through marketing and providing incentives for people to rent (and buy) those units. Villa Del Sol seems to be responding well to concerns about the issues facing it at the moment. - Sat Jul 19 2008, 14:51

I'm working with a major new residential development in Corpus Christi, and therefore have spoken with several lenders about the availability of funds for home site purchases and home construction. So, I am going to answer your question with a question: What type of property are you intending to purchase with the funding you acquire? Depending on your response, I may be able to recommend specific lenders. - Sun Jul 20 2008, 10:08