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$234,900

9461 Morrow Dr, Corpus Christi, TX, 78410

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,240 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.87 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

BankruptcyMust-SellAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Disposal, Range Hood
FlooringOther

Exterior

Lot Size33,062 sqft

Building Information

Year Built1968
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3119-0001-0130
Lot Number13
SubdivisionGuth Parkside
Land UseResidential
Legal DescriptionGUTH PARKSIDE SUB LT 13 BK 1
Census Tract003603
Assessed Land Value$33,047
Assessed Improvement Value$246,365
Assessment Year2025

About this property

Space, versatility, and exceptional parking come together at 9461 Morrow Drive. Situated on an impressive 0.76-acre lot with approximately 33,049 square feet, this two-story brick home offers approximately 2,240 square feet of living area per the appraisal sketch. The flexible floor plan includes four bedrooms, three full bathrooms, and three separate living areas, providing plenty of space for everyday living, entertaining, a home office, or a game room. The updated kitchen features granite countertops, freshly painted cabinetry, a subway tile backsplash, stainless steel cooktop and oven, hanging stainless steel vent hood, new dishwasher, and updated fixtures. Laminate flooring flows throughout both levels of the home. Additional interior features include ceiling fans, a spacious utility room with cabinets and washer and dryer connections, and excellent storage. Upstairs, the primary bathroom offers a large custom-tiled walk-in shower with a niche and rain showerhead, dual undermount sinks, granite countertops, and updated fixtures. The second upstairs bathroom features a tiled tub and shower, dual sinks, granite countertops, and built-in shelving. Two upstairs bedrooms include walk-in closets, while another features a built-in desk or vanity area. The exterior offers an oversized two-car rear-entry garage, an expansive metal carport, two additional uncovered carport spaces, and extensive parking for an RV, boat, work equipment, trailers, or recreational vehicles. Additional features include a covered patio, storm shutters, mature mesquite trees, and a wood privacy fence surrounding the property. With its oversized lot, substantial living space, flexible floor plan, and abundant parking, this property offers a rare opportunity in the area. Buyer to independently verify square footage, lot size, room dimensions, and property details. BANK OWNED PROPERTY

Investor Tools

$233,196Estimated Mortgage Balance
$46,216Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,676 /month
Positive
Cash Flow Estimate:
$559 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$530
$279,412
2025
$33,047
$246,365
$279,412
No

Tax History

Year
Tax Paid
Assessed Value
2024
$530
$279,412

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rally Cu
Conventional
$245,100
No
First
Feb 2, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,196
$46,216
16%
83%
$1,470/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,470/mo
+$530/mo
8.6%

City: Corpus Christi

9461 Morrow Dr | Property Details | No Agent List