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$315,000

14434 E Cabana Street 215, Corpus Christi, TX, 78418

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,328 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$237.2 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,742 sqft

Building Information

Year Built1985

Land Information

APN8344-0000-0215
SubdivisionThe Spinnaker Condo
Land UseResidential
Legal DescriptionTHE SPINNAKER CONDO, UNIT 215, 2.823% COMMON AREA INTEREST
Census Tract006204
Assessed Land Value$58,592
Assessed Improvement Value$286,408
Assessment Year2025

About this property

An incredible opportunity awaits at Spinnaker Condos, where island living and income potential meet! This updated and fully furnished 3-bedroom, 2-bath, two-story waterfront condo is move-in or rental ready, offering flexibility as a personal retreat, vacation rental, or long-term investment. The main floor features an open-concept living room and kitchen, plus a guest suite with en suite/hall bath. Upstairs, two guest bedrooms share a full bath—plenty of space for visitors or rental groups. Step out to your private covered balcony patio with direct water views, and enjoy the convenience of your own deeded, covered boat slip with lift just outside the door—a highly desirable feature for both owners and renters. Community features a swimming pool, hot tub, and sundeck! Short-term rentals are allowed, and with its walkable location to shopping, dining, coffee shops, and local attractions, this condo checks all the boxes for strong rental appeal. Construction is nearly complete on adjacent water exchange bridge to bring direct connectivity from Laguna Madre to Lake Padre Development & Packery Channel. Once complete owners & guests of Spinnaker condos will have immediate boat access to future waterfront development in the new Whitecap NPI subdivision & Lake Padre Residential & Retail property. Ownership is made easy with HOA dues of $852/month, covering exterior insurance, exterior upkeep, grounds, common areas, water, trash, cable, and WiFi. That means more time enjoying the island and less time managing details. Whether you’re looking for a smart investment, a vacation rental, or a lock-and-leave waterfront getaway, Spinnaker Condos is the perfect launch point for both lifestyle and ROI.

Investor Tools

Property Icon
$345,000
Estimated Property Value
$0Estimated Mortgage Balance
$79,781Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

Interested in this property?

Julie Reupke

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,076
$345,000
2025
$58,592
$286,408
$345,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,076
$345,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$276,000
No
First
Feb 1, 2024
Mar 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,219
$79,781
23%
77%
$1,655/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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14434 E Cabana Street 215 | Property Details | No Agent List