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$172,000

1433 Madrid Drive, Corpus Christi, TX, 78416

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths856 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.59 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available

Exterior

Lot Size6,011 sqft

Building Information

Year Built1970
Roof Type105
Garage Spaces311

Land Information

APN3134-0002-0040
Lot Number4
SubdivisionHacienda Ests
Land UseResidential
Legal DescriptionHACIENDA ESTS BLK 2 LOT 4
Census Tract001703
Assessed Land Value$13,500
Assessed Improvement Value$135,153
Assessment Year2025

About this property

SELLER MUST SELL!! BRING ALL OFFERS! Welcome to 1433 Madrid, a home with a big opportunity. This isn’t one of those over-polished, over-marketed listings with a million updates you’re paying a premium for… this is the one where you can walk in, make it yours, and create REAL equity. It’s the kind of place where someone can paint the walls their own colors, build out the backyard hangout they want, and slowly transform every room at their pace, while living minutes from SPID, Crosstown & everything in Corpus. The current owner loved that this home was simple to maintain, centrally located, and had enough yard space to actually do things, pets, garden boxes, weekend BBQs. The seller even added a brand new 12x16 shed this year (2025) because storage & workspace was important. AND a brand new heating & cooling system was installed in November 2024, one of the most expensive updates already DONE. Inside, you’ve got 3 bedrooms, 1 bath, tile flooring, and a layout that feels easy and functional. This home is ready for someone to make it their next chapter. Maybe that’s a first-time buyer. Maybe that’s an investor. Maybe that’s someone who wants to do an Airbnb because of how close this is to everything. Whoever it is, this is a starter with upside. The seller is motivated, ready to get under contract, and this home is priced for the person who sees VALUE!! If you’re looking for something that checks the box of potential… this is the one worth seeing in person. Schedule your showing, before someone else sees what you see.

Investor Tools

Property Icon
$172,000
Estimated Property Value
$0Estimated Mortgage Balance
$58,848Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,032 /month
Positive
Cash Flow Estimate:
$344 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,871
$148,653
2025
$13,500
$135,153
$148,653
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,871
$148,653

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$123,675
No
First
Oct 6, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,152
$58,848
34%
66%
$742/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.

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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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1433 Madrid Drive | Property Details | No Agent List