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$160,000

1401 Don Patricio Rd, Corpus Christi, TX, 78418

$182,668 ARVInfo
Under ContractInfo
Beds2 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.67 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
FlooringOther

Exterior

Exterior FeaturesNone

About this property

Incredible redevelopment opportunity in Flour Bluff! Sitting on a spacious corner location, this property consists of three residential lots totaling approximately .51 acres (22,260 sq. ft.). Whether you're looking for extra space, a future homesite, or an investment opportunity, this hard-to-find amount of land offers flexibility in an established Corpus Christi neighborhood. Existing home has no contributory value, is not habitable, and will require demolition. Property being sold as-is and will not qualify for FHA financing. Conveniently located near Flour Bluff schools, NAS Corpus Christi, shopping, dining, and just a short drive to Padre Island beaches. Additional surrounding lots may also be available, creating an even larger investment opportunity. Buyer to verify zoning, utilities, restrictions, and intended use.

Investor Tools

$0Estimated Mortgage Balance
$183,772Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$182,667
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,103 /month
Positive
Cash Flow Estimate:
$368 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

City: Corpus Christi

1401 Don Patricio Rd | Property Details | No Agent List