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Days362Days on Market
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$699,000

1242 Saratoga Blvd, Corpus Christi, TX, 78417

On MarketInfo
CommercialInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size18.02 acres

Land Information

APN7425-0000-0581
SubdivisionRobertson Wm J Farm Trs
Land UseCommercial
Legal DescriptionROBERTSON WM J FARM TRS 18.017 ACS OUT OF E PT OF 508 AC BRITTON TR
Census Tract001702
Assessed Land Value$392,410
Assessment Year2025

About this property

Excellent Visibility and Accessibility Corner Lot with 18 Acres of Prime Land at the Intersection of Saratoga Blvd and Calle Las Colonias, conveniently located near Greenwood, Crosstown Extension, and SPID. It is a Rapidly Developing Area of Corpus Christi. This Remarkable Property Presents Endless Possibilities for Development, Aiming to Build Residential Homes, Multifamily Units, or Commercial Spaces. A Must-See Opportunity to Create a Vibrant Community. Huge Potential investment.

Investor Tools

$263,183Estimated Mortgage Balance
$129,227Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

Interested in this property?

Marita Tien

Ultima Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$926/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,156
$392,410
2025
$392,410
N/A
$392,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,156
$392,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Purchase Money Mortgage
$288,750
No
First
Aug 19, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,183
$129,227
32%
67%
$1,732/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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1242 Saratoga Blvd | Property Details | No Agent List