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$499,900

13625 Catamaran Dr, Corpus Christi, TX, 78418

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,728 Sq Ft
price_per_sqft$289.29 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Range Hood
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesBoat Lift, Deck, Dock, Hot Tub Spa
Lot Size6,011 sqft

Building Information

Year Built1986
Stories2
Garage Spaces550

Land Information

APN6820-0037-0110
Lot Number11
SubdivisionPoint Tesoro #4
Land UseResidential
Legal DescriptionPOINT TESORO #4 BLK 37 LOT 11
Census Tract006202
Assessed Land Value$192,000
Assessed Improvement Value$341,489
Assessment Year2025

About this property

Discover the potential of this North Padre Island waterfront home, perfectly positioned on a wide canal with quick access to the Intracoastal Waterway—ideal for boating, fishing, and enjoying coastal living at its finest. Offering just under 1,800 square feet, this three-bedroom, three-bathroom home is priced to be one of the best values on the island. Inside, you’ll find a spacious layout designed for both everyday living and entertaining, with abundant natural light pouring through the living and dining area windows, all showcasing beautiful water views. The kitchen provides generous counter space and all the essentials needed for preparing meals and gathering with friends. All three bedrooms, including the primary suite, are located upstairs and feature ample closet space and comfortably sized rooms. The garage has been converted into a media room, offering additional living space, but can easily be reverted back to a traditional garage if desired. Step outside to enjoy expansive decking and your private boat lift—perfect for taking in stunning coastal sunrises and sunsets right from your backyard. Conveniently located near shopping, dining, and the beautiful beaches of North Padre Island, this home offers easy access to everything island living has to offer. Being sold as-is, this property presents an incredible opportunity for a primary residence, vacation home, rental investment, or renovation project. Don’t miss your chance to own a piece of the coast at an exceptional value.

Investor Tools

$279,300Estimated Mortgage Balance
$318,700Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,588 /month
Positive
Cash Flow Estimate:
$1,196 /month

Interested in this property?

Shannon MacDonald

MacDonald Properties & Associa

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$979/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,754
$533,489
2025
$192,000
$341,489
$533,489
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,754
$533,489

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Fha
$320,336
Yes
First
Oct 31, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,300
$318,700
53%
47%
$1,921/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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