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$219,900

$230,000

1325 Ray Dr, Corpus Christi, TX, 78411

On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,048 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.83 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Gas Oven, Gas Range, Microwave
FlooringHardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size6,621 sqft

Building Information

Year Built1954
Roof Type105
Garage Spaces2

Land Information

APN7122-0004-0110
Lot Number11
SubdivisionRay W B Hgts
Land UseResidential
Legal DescriptionW B RAY HTS LT 11 BK 4
Census Tract002200
Assessed Land Value$13,200
Assessed Improvement Value$210,592
Assessment Year2025

About this property

This versatile pool home is an excellent opportunity for both investors and first-time homebuyers. Previously used as a short- to mid-term rental, the property offers flexibility as an income-producing investment, vacation home, or comfortable primary residence. Relax and enjoy the Corpus Christi lifestyle with convenient access to the beach, shopping, restaurants, and popular local attractions. The backyard is designed for entertaining and unwinding, featuring a pool and hot tub. The back fence provides access to an alley for convenient parking. Recent updates include a resurfaced pool, new pool filter and motor, and an EV charger. Whether you're looking for an investment property or a place to call home, this property offers a combination of location, flexibility, and outdoor amenities.

Investor Tools

$140,337Estimated Mortgage Balance
$85,143Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,343 /month
Positive
Cash Flow Estimate:
$448 /month

Interested in this property?

Cigdem Zambrano

BK Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,752
$223,792
2025
$13,200
$210,592
$223,792
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,752
$223,792

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$148,000
No
First
Jun 8, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,337
$83,455
37%
63%
$888/mo

City: Corpus Christi

1325 Ray Dr | Property Details | No Agent List