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$535,000

7477 State Highway 361 Unit 316, Corpus Christi, TX, 78373

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,511 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$354.07 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size5,097 sqft

Building Information

Year Built1984
Roof Type172

Land Information

APN4915-0000-0101
SubdivisionMayan Princess
Land UseResidential
Legal DescriptionMAYAN PRINCESS UNIT 101, .0166901 COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$50,019
Assessed Improvement Value$298,217
Assessment Year2025

About this property

PENTHOUSE PERFECTION ON MUSTANG ISLAND | Endless Gulf Views & Soothing Ocean Waves Wake up to the gentle roar of rolling surf, salty coastal breezes, and the unmistakable sound of crashing waves right outside your window. Perched atop the iconic Mayan Princess resort, this remodeled 2-bedroom, 2.5-bath penthouse delivers the ultimate blend of sleek modern elegance and high-energy beachfront charm. Step inside an airy, sun-drenched open layout where wall-to-wall sliding glass doors framed by the open ocean pull the dynamic surf and calming wave soundscape right into your living room. Whip up drinks in the gourmet kitchen featuring stainless steel appliances and designer finishes, or escape to a primary suite with a spa-inspired bath designed for pure relaxation. Offered 100% turnkey and fully furnished, this high-performing property effortlessly functions as your dream ocean getaway or an immediate income-generating short-term rental. You’ll Fall in Love with the Massive glass doors opening to an expansive private balcony overlooking the Gulf—unwind to the peaceful, natural soundtrack of breaking waves day and night. Resort-Style Living: Enjoy 3 sparkling pools (including a heated pool and kids' splash zone), a hot tub, swim-up cabana, beach volleyball, and a private boardwalk directly to the beach. Turnkey Ready: Furnished from top to bottom—start living the beach life or earning passive rental income from day one. Prime Location: Tucked between Port Aransas and North Padre Island for ultimate privacy, yet minutes from coastal dining, shopping, and nightlife. Effortless Ownership: The all-inclusive HOA covers water, sewer, trash, high-speed Wi-Fi, cable, and full exterior/grounds maintenance so you can focus on relaxing.

Investor Tools

$84,237Estimated Mortgage Balance
$335,763Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

Interested in this property?

Christina Hinojosa

Keller Williams Coastal Bend

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$754/month
$1,541/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,943
$348,236
2025
$50,019
$298,217
$348,236
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,943
$348,236

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ubs Bank Usa
Conventional
$96,000
No
First
Jul 10, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,237
$335,763
79%
20%
$576/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$2,117/mo
$-627/mo
4.3%

City: Corpus Christi