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$49,390

NAL Estimated Property Value

125 Richard St, Corpus Christi, TX, 78415

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths780 Sq Ft
price_per_sqft$83.21 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
FlooringHardwood, Vinyl

Exterior

Lot Size7,013 sqft

Building Information

Year Built1936
Roof Type105

Land Information

APN8284-0009-0060
Lot Number6
SubdivisionSouthmoreland
Land UseResidential
Legal DescriptionSOUTHMORELAND BLK 9 LOT 6
Census Tract002001
Assessed Land Value$13,996
Assessed Improvement Value$35,394
Assessment Year2025

About this property

Investment opportunity near Del Mar College! This 2-bedroom, 1-bath home offers great potential with several key updates already completed. The windows and electrical have been upgraded from the originals along with a sewer line replacement in the front yard. Recent improvements include a new water heater, rerouted plumbing, and a handicap-accessible shower. The original hardwood floors add charm but need some repair in the living area and kitchen. The fenced in yard has a concrete slab large enough for a storage building or workshop. A promising property with plenty of upside! **The square footage does not include a back porch that has been closed in for an additional room.

Investor Tools

Property Icon
$49,390
Estimated Property Value
$0Estimated Mortgage Balance
$49,390Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$389 /month
Positive
Cash Flow Estimate:
$130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$81/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$49,390
2025
$13,996
$35,394
$49,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$49,390

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$49,390
100%
0%
$0/mo

City: Corpus Christi

125 Richard St | Property Details | No Agent List