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$553,000

NAL Estimated Property Value

13970 Lanyard Dr, Corpus Christi, TX, 78418

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,048 Sq Ft
price_per_sqft$272.95 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Half 3Bathrooms Half 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Oven, Gas Range, Microwave, Dryer
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Storage
Lot Size8,364 sqft

Building Information

Year Built2001
Roof Type105
Garage Spaces2

Land Information

APN0429-0715-0370
Lot Number37
SubdivisionBarataria Bay #5
Land UseResidential
Legal DescriptionBARATARIA BAY NO 5 LOT 37 BLK 715
Census Tract006203
Assessed Land Value$120,325
Assessed Improvement Value$364,201
Assessment Year2025

About this property

A Rare Island Treasure on North Padre Island Opportunities like this are almost unheard of. Situated on two full lots, this exceptional North Padre Island property offers the space, privacy, and freedom that truly set it apart from anything else on the island. The beautifully maintained all brick 5-bedroom, 3-bath home is designed for effortless island living and entertaining, featuring a private in-ground heated pool, enclosed patio, large backyard, new storm windows, a newer roof, a newer A/C , did I mention this home has a gas stove and 50 gallon hot water heater. Outside is the true magic of this property. With extra room for boats, RVs, and all your island toys, a carport, storage shed, and a lush garden area supported by its own private well, the possibilities are endless. Whether you’re hosting unforgettable gatherings, expanding your outdoor living space, or simply enjoying the luxury of open space and privacy, this property delivers. Just minutes from the beach and a boat launch, this rare two-lot offering is perfect as a primary residence or island getaway. This isn’t just a home—it’s a lifestyle. Island living with space to breathe awaits.

Investor Tools

Property Icon
$553,000
Estimated Property Value
$738,091Estimated Mortgage Balance
$553,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$765/month
$320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,418
$484,526
2025
$120,325
$364,201
$484,526
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,418
$484,526

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Credit Line (Revolving) / Heloc
$200,000
No
First
Oct 1, 2024
Oct 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$738,091
N/A
0%
133%
$4,468/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$4,788/mo
$-2,758/mo
4.4%

City: Corpus Christi

13970 Lanyard Dr | Property Details | No Agent List