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$725,000

488 Caribbean Dr, Corpus Christi, TX, 78418

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,335 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$310.49 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Range Hood
FlooringCeramic Tile, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPatio
Lot Size2.55 acres

Building Information

Year Built1995
Roof Type105
Garage Spaces2

Land Information

APN8824-0001-0020
Lot Number2,12
SubdivisionTropic Ests
Land UseResidential
Legal DescriptionTROPIC ESTATES UNIT 1 LT 2 & .69 AC OUT OF LT 12 SEC 53 FLOUR BLUFF & ENC FRM GDN TRACT
Census Tract003101
Assessed Land Value$222,000
Assessed Improvement Value$439,446
Assessment Year2025

About this property

Welcome to your own little slice of country living right in the heart of Flour Bluff. Situated on approximately 2.69 acres, this rustic-style home offers the perfect blend of space, charm, and convenience. The open-concept floor plan features beautiful cathedral ceilings, 3 bedroom 2 1/2 bath, outdoor shower, horse stalls, chicken pens, the property has a well on it or you can use city water. Upgrades from New Roof, A/C unit, solar panels, garage doors and chimney. Come see the possibilities and make this one-of-a-kind property your new home.

Investor Tools

$378,741Estimated Mortgage Balance
$282,705Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

Interested in this property?

Victoria Hogg

Texas Ally Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,286/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,122
$661,446
2025
$222,000
$439,446
$661,446
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,122
$661,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
William Edward Hyder
Seller Carryback / Seller Financing / Seller Take-Back
$405,000
No
First
Mar 31, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$378,741
$282,705
42%
57%
$2,429/mo

City: Corpus Christi

488 Caribbean Dr | Property Details | No Agent List