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$115,000

1311-1315 Morris Ave, Corpus Christi, TX, 78401

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,139 Sq Ft
price_per_sqft$100.97 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
FlooringOther

Exterior

Lot Size7,667 sqft

Building Information

Year Built1955
Roof Type105

Land Information

APN5410-0011-0060
Lot Number6
SubdivisionMorris And Mitchell
Land UseSingle Family Residential
Legal DescriptionMORRIS AND MITCHELL BLK 11 LOT 6
Census Tract001202
Assessed Land Value$34,443
Assessed Improvement Value$9,638
Assessment Year2025

About this property

Looking for a prime investment opportunity within walking distance to downtown and the water? Look no further than these lots with great potential to fully renovate its existing homes or build a creative investment property. Less than a 5 minute drive to the T-heads, Cole Park, great downtown restaurants & more, the possibilities are endless for this location. There are 3 lots for sale side by-side ready and waiting for your vision (2 of the lots have homes on them that could be fully renovated from the studs up). 1311- 3 bed 1.5 bath & 1315- a corner lot with a 2 bedroom, 2 full bath home has multiple entry points from the street great for multiple units.

Investor Tools

$0Estimated Mortgage Balance
$45,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$690 /month
Positive
Cash Flow Estimate:
$230 /month

Interested in this property?

Rose Cantu

Texas Premier Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,095
$44,081
2025
$34,443
$9,638
$44,081
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,095
$44,081

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$45,000
100%
0%
$0/mo

City: Corpus Christi

1311-1315 Morris Ave | Property Details | No Agent List