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$239,000

14434 E Cabana St Apt 203, Corpus Christi, TX, 78418

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,006 Sq Ft
price_per_sqft$237.57 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
FlooringHardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck, Dock, Handicap Accessible, Hot Tub Spa, Landscaping
Lot Size1,045 sqft

Building Information

Year Built1985
Garage Spaces1

Land Information

APN8344-0000-0115
SubdivisionThe Spinnaker Condo
Land UseResidential
Legal DescriptionTHE SPINNAKER CONDO, UNIT 115, 1.670% COMMON AREA INTEREST
Census Tract006204
Assessed Land Value$35,242
Assessed Improvement Value$224,664
Assessment Year2025

About this property

Wake up to coastal breezes and water views in this beautifully maintained 2-bedroom, waterfront retreat—complete with a deeded boat slip for effortless days on the water. Whether you're searching for a relaxing island escape or a smart investment, this property delivers on both. Inside, you'll find bamboo flooring throughout (with tile in baths and entry), an open, airy layout, and hurricane-impact windows along the back for added peace of mind. Step out onto your private, shaded balcony—perfect for morning coffee or unwinding in the evening while enjoying the view. The community features a sparkling pool, spa, and cabana area, all within a well-kept complex conveniently located near the bridge, beaches, dining, and exciting future developments. All appliances convey, including a commercial-grade Speed Queen washer and dryer, making this a truly turnkey opportunity. Currently generating exceptional rental income or you can choose to enjoy it as your own cozy waterfront second home.

Investor Tools

$185,829Estimated Mortgage Balance
$269,225Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,615 /month
Positive
Cash Flow Estimate:
$538 /month

Interested in this property?

Laura Commons

Keller Williams Coastal Bend

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$524/month
$645/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,937
$259,906
2025
$35,242
$224,664
$259,906
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,937
$259,906

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$190,125
No
First
Apr 18, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,829
$74,077
28%
69%
$1,217/mo

City: Corpus Christi