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$453,186

NAL Estimated Property Value

14845 Cobo De Bara Cir, Corpus Christi, TX, 78418

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,868 Sq Ft
price_per_sqft$195.4 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDisposal
FlooringOther, Tile

Exterior

Lot Size14,375 sqft

Building Information

Year Built1993
Roof Type105
Garage Spaces2

Land Information

APN6819-0018-0090
Lot Number8-9
SubdivisionPoint Tesoro #3
Land UseResidential
Legal DescriptionPOINT TESORO NO 3 LTS 8 & 9 BLK 18
Census Tract006204
Assessed Land Value$200,457
Assessed Improvement Value$252,729
Assessment Year2025

About this property

ISLAND HOME SITS ON TWO LOTS-This three-bedroom, two-bath residence on Padre Island is positioned on two lots. Offered as a renovation opportunity, the property’s price reflects the updates required for completion. The additional lot notably enhances the property's value and presents options for future development. Ample room for the addition of a swimming pool, as well as designated areas for RV and boat parking—ideal for those who enjoy active, outdoor living. The home features a screened porch with no neighbors behind the property, and a proactive unobstructed view of Douden park. This setting offers a comfortable and serene environment to relax and enjoy the scenery in any weather conditions. Entry, a hallway provides direct access to the living area. Prior to reaching this space, you have a hall/guest bathroom and two bedrooms, offering both convenience and privacy for loved ones or your guests. The living area serves as the main gathering space, while the primary suite features your bathroom with separate closets for enhanced functionality. Oh did I mention the bonus room? It is situated adjacent to your kitchen, and garage contributes added flexibility to the floor plan. This versatile space can serve as a guest bedroom, home office, teen retreat, or exercise room, accommodating a variety of lifestyle needs. Live the Island life and Come Coast Awhile...

Investor Tools

Property Icon
$453,186
Estimated Property Value
$263,851Estimated Mortgage Balance
$189,335Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,719 /month
Positive
Cash Flow Estimate:
$906 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$993/month
$290/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,655
$453,186
2025
$200,457
$252,729
$453,186
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,655
$453,186

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Na
Conventional
$265,000
No
First
Jan 16, 2026
Feb 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,851
$189,335
41%
58%
$1,589/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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14845 Cobo De Bara Cir | Property Details | No Agent List