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$215,467

1230 Ray Dr, Corpus Christi, TX, 78411

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,721 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.28 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available

Exterior

Lot Size8,276 sqft

Building Information

Year Built1954
Roof Type105
Garage Spaces400

Land Information

APN7122-0006-0220
Lot Number22
SubdivisionRay W B Hgts
Land UseResidential
Legal DescriptionRAY W B HGTS BLK 6 LOT 22
Census Tract002200
Assessed Land Value$16,572
Assessed Improvement Value$198,895
Assessment Year2025

About this property

Beautifully updated 4-bedroom, 3-bathroom home ready for your Easter gathering! This home offers the perfect blend of relaxation and convenience. Home was laser measured at 2,049 sf. and it offers a spacious 200+ sq ft front porch which is ideal for sipping coffee in the morning or unwinding in the evening. The modern kitchen with new appliances, lighting and plumbing fixtures, as well as a large island with breakfast bar that provides ample food prep counter space. Kitchen opens to the living and dining areas making it perfect for entertaining. There’s abundant natural light from large number of windows throughout the home, creating bright, airy living spaces. The primary suite is separated from the other bedrooms allowing for maximum privacy. Another bonus is the 2-car garage and enough driveway space to park up to 5 vehicles…no more parking on the street. Fully fenced backyard, perfect for pets and outdoor activities, or simply enjoying Texas outdoor living. Large concrete slab in back yard makes for a great BBQ area. Tenant provides their own refrigerator (all other appliances included and new!). This updated gem combines modern comforts with the laid-back charm of Corpus Christi.

Investor Tools

Property Icon
$215,467
Estimated Property Value
$106,000Estimated Mortgage Balance
$110,860Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,293 /month
Positive
Cash Flow Estimate:
$431 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,178
$215,467
2025
$16,572
$198,895
$215,467
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,178
$215,467

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rain City Capital Llc
Commercial
$106,000
No
First
Jul 23, 2025
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,607
$110,860
51%
49%
$636/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Corpus Christi

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