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$220,000

14434 E Cabana St Apt 117, Corpus Christi, TX, 78418

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths674 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$326.41 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size915 sqft

Building Information

Year Built1985

Land Information

APN8344-0000-0117
SubdivisionThe Spinnaker Condo
Land UseResidential
Legal DescriptionTHE SPINNAKER CONDO, UNIT 117, 1.432% COMMON AREA INTEREST
Census Tract006204
Assessed Land Value$30,217
Assessed Improvement Value$217,458
Assessment Year2025

About this property

Imagine waking up to sunshine glistening on the water and starting your morning on a private patio with a soft canal breeze. Life at The Spinnaker Condominiums feels like a vacation every day, and Unit 117 puts you right at the heart of it. This ground-floor, waterfront condo offers 1 bedroom, 1 bathroom, and 674 square feet of easy coastal living. Inside, you’ll find a bright open floorplan with ceramic tile floors throughout. This is practical for sandy beach days and perfect for a relaxed lifestyle. The kitchen features a breakfast bar, built-in appliances, and plenty of storage, opening seamlessly to the living and dining areas. The bedroom is a quiet retreat, and the bathroom and in-unit laundry add everyday convenience. Step outside to your covered patio overlooking the canal, complete with an exterior storage closet for fishing poles or beach chairs. This condo is being sold fully furnished and decorated, making it truly turnkey. Continue operating it as a short-term rental or move right in and enjoy island life from day one. The Spinnaker offers resort-style amenities including a pool, hot tub, cabana, grilling areas, and canal access with a community dock. HOA dues currently cover water, trash, cable, internet, exterior insurance, and upkeep for stress-free ownership. Located minutes from Whitecap Beach, dining, and shopping, and positioned near upcoming development, this condo offers immediate enjoyment and long-term growth potential. Unit 117 is more than a condo, it’s an island lifestyle waiting for you.

Investor Tools

$194,514Estimated Mortgage Balance
$53,161Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,486 /month
Positive
Cash Flow Estimate:
$495 /month

Interested in this property?

Marta Morales

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,715
$247,675
2025
$30,217
$217,458
$247,675
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,715
$247,675

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens Bank Of Las Cruces
Conventional
$208,000
No
First
Oct 17, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,514
$53,161
21%
79%
$1,248/mo

City: Corpus Christi

14434 E Cabana St Apt 117 | Property Details | No Agent List