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$340,000

1008 Egyptian Dr, Corpus Christi, TX, 78412

On MarketInfo
Beds— Beds
Baths— Bath
Baths2,699 Sq Ft
price_per_sqft$125.97 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
FlooringCarpet, Tile

Exterior

Lot Size13,199 sqft

Building Information

Year Built1970
Roof Type105

Land Information

APN5035-0009-0080
Lot Number8
SubdivisionEgyptian Place
Land UseResidential
Legal DescriptionEGYPTIAN PLACE BLK 9 LOT 8
Census Tract002703
Assessed Land Value$36,336
Assessed Improvement Value$256,116
Assessment Year2025

About this property

This is a great income-producing duplex. Unit A is two stories, has 3 bedrooms and 2 baths, and is leased for $1500 a month till September 30, 2026. It has crown molding, hardwood flooring in the living area, and carpet upstairs. Unit B is one story, has 2 bedrooms and 2 baths, and has a fireplace. It is owner-occupied. The property includes two separate backyard areas, a rebuilt 4-car detached carport in the rear of the property with secure storage closets, and a wooden fence on the left side of the property. The roof is from 2018. Only 2 miles from Texas A&M, 2.1 miles from La Palmera mall, and 4.7 miles to N.A.S.

Investor Tools

$288,624Estimated Mortgage Balance
$48,376Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

Interested in this property?

Erkan Ozbent

RE/MAX Professionals

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,228
$292,452
2025
$36,336
$256,116
$292,452
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,228
$292,452

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Fha
$304,385
Yes
First
Jun 9, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,624
$48,376
14%
86%
$1,825/mo

City: Corpus Christi

1008 Egyptian Dr | Property Details | No Agent List