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$44,000

NAL Estimated Property Value

1311 Morris St, Corpus Christi, TX, 78401

$57,200 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,139 Sq Ft
price_per_sqft$39.07 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
FlooringOther

Exterior

Lot Size7,754 sqft

Building Information

Year Built1955
Roof Type105

Land Information

APN5410-0011-0040
Lot Number4
SubdivisionMorris And Mitchell
Land UseSingle Family Residential
Legal DescriptionMORRIS AND MITCHELL BLK 11 LOT 4
Census Tract001202
Assessed Land Value$34,808
Assessed Improvement Value$8,432
Assessment Year2025

About this property

Back on the market due to buyer financing falling through—no fault of the seller. Looking for a prime investment opportunity within walking distance to downtown and the water? Look no further than this lot with great potential to fully renovate its existing home 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. The seller says a duplex or multiple units could be an option here for multiple streams of income. 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). This property may be purchased as a package with 1313 and 1315 Morris Ave. Buy 1, 2 or all 3 to build your investment portfolio. Make an offer now!

Investor Tools

Property Icon
$44,000
Estimated Property Value
$0Estimated Mortgage Balance
$44,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$57,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$95/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$917
$43,240
2025
$34,808
$8,432
$43,240
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2024
$917
$43,240

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$44,000
100%
0%
$0/mo

City: Corpus Christi

1311 Morris St | Property Details | No Agent List