$155,000
1114 Crescent Dr, Corpus Christi, TX, 78412
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Oven, Electric Range, Microwave
FlooringParquet, Tile, Vinyl
Exterior
Exterior FeaturesNone
Lot Size6,578 sqft
Building Information
Year Built1958
Roof Type105
Garage Spaces1
Land Information
APN1994-0007-0060
Lot Number6
SubdivisionCullen Place
Land UseResidential
Legal DescriptionCULLEN PLACE BLK 7 LOT 6
Census Tract002703
Assessed Land Value$10,548
Assessed Improvement Value$124,024
Assessment Year2025
About this property
A darling residential property situated on Cullen Place presents an ideal investment opportunity for first-time homebuyers and seasoned investors seeking to expand their rental portfolio. The residence encompasses over 1200 square feet of living space, featuring one bathroom, a spacious living area, and a remarkable backyard. The location offers convenient proximity to parks, retail establishments, educational institutions, and numerous additional amenities. The property is competitively priced for expedited sale.
Investor Tools
$47,292Estimated Mortgage Balance
$129,708Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,062 /month
Positive
Cash Flow Estimate:
$354 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,411
$134,572
2025
$10,548
$124,024
$134,572
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,411
$134,572
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Fha
$54,592
Yes
First
Dec 10, 2019
Jan 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,292
$129,708
73%
27%
$328/mo
