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$256,931

NAL Estimated Property Value

1213 Ray Dr, Corpus Christi, TX, 78411

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,054 Sq Ft
price_per_sqft$63.24 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesElectric Oven, Electric Range
FlooringHardwood, Laminate, Tile

Exterior

Lot Size9,060 sqft

Building Information

Year Built1956
Roof Type105
Garage Spaces2

Land Information

APN7122-0005-0140
Lot Number14
SubdivisionRay W B Hgts
Land UseResidential
Legal DescriptionW B RAY HTS LT 14 EXCL NW 10FT BK 5
Census Tract002200
Assessed Land Value$18,092
Assessed Improvement Value$238,839
Assessment Year2025

About this property

Incredible Investment Opportunity! Great 3 bedroom, 3 bath home offering 2,054 sqft of living space, 2 living areas plus a detached guest quarters with 1 bedroom, kitchen and full bathroom! This home is centrally located in an established, quiet neighborhood close to all that Corpus Christi has to offer! The 2 spacious living areas are perfect for gathering and entertaining! The kitchen is equipped with plenty of cabinet and storage space and tiled countertops! The spacious bedrooms are a plus! Step out back to the large concrete patio and yard ready for memories to be made with loved ones! Just a short drive to all that Corpus Christi has to offer ; NASCC, Texas A&M CC, hospitals, restaurants, shopping & the beach!

Investor Tools

Property Icon
$256,931
Estimated Property Value
$220,932Estimated Mortgage Balance
$35,999Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$569/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,541
$256,931
2025
$18,092
$238,839
$256,931
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,541
$256,931

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Velocity Commercial Capital Llc
Commercial
$221,250
No
First
Mar 3, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,932
$35,999
14%
86%
$1,327/mo

City: Corpus Christi

1213 Ray Dr | Property Details | No Agent List