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$215,000

14434 E Cabana St 302, Corpus Christi, TX, 78418

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,006 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$213.72 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck, Dock, Landscaping
Lot Size1,350 sqft

Building Information

Year Built1985

Land Information

APN8344-0000-0302
SubdivisionThe Spinnaker Condo
Land UseResidential
Legal DescriptionTHE SPINNAKER CONDO, UNIT 302, 2.139% COMMON AREA INTEREST
Census Tract006204
Assessed Land Value$45,158
Assessed Improvement Value$253,672
Assessment Year2025

About this property

Waterfront living and investment opportunity await on North Padre Island! This turnkey third-floor, 2-bedroom, 2-bath condo offers beautiful canal views and the convenience of a deeded boat slip—an especially desirable feature for fishermen and boating enthusiasts who want their boat just steps from home and easy access to the water without the hassle of finding a marina slip. The third-floor location provides an elevated, expansive view of the canal from the private balcony, where you can relax and enjoy the coastal surroundings. Inside, both bedrooms are spacious, with the primary bedroom featuring a double vanity. The well-equipped kitchen includes a brand-new glasstop stove/oven, dishwasher, refrigerator, garbage disposal, and built-in microwave. The cozy living room features a wood-burning stove, creating a welcoming atmosphere, while the adjacent dining area overlooks the canal. Community amenities include a pool and cabana for residents and guests to enjoy. Whether you're looking for a full-time residence, vacation getaway, or short-term rental investment, this property offers flexibility and strong rental potential. Currently operated as a BNB, the property has achieved approximately 90% occupancy during high season and is an Airbnb Superhost listing. The owners currently have a winter lease from January 15 through March 25 and would like to continue this seasonal arrangement in the future. Conveniently located near Bob Hall Pier, beautiful beaches, restaurants, and shopping, with Port Aransas just a short drive away. HOA dues include trash, water, Wi-Fi, pest control, and exterior insurance, helping simplify ownership. With waterfront views, a deeded boat slip, desirable amenities, and an established rental history, this North Padre Island condo is ready to enjoy as a home, vacation retreat, or income-producing property.

Investor Tools

$126,216Estimated Mortgage Balance
$172,614Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,793 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Twyla Smith-McGee

Coastal Connection Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
$645/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,667
$298,830
2025
$45,158
$253,672
$298,830
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,667
$298,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Northpointe Bank
Conventional
$140,925
No
First
Apr 1, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,216
$172,614
57%
42%
$845/mo

City: Corpus Christi

14434 E Cabana St 302 | Property Details | No Agent List