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Days32Days on Market
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$800,000

14865 & 14861 Granada Dr, Corpus Christi, TX, 78418

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size14,985 sqft

Land Information

APN6180-0001-0100
Lot Number10
SubdivisionPadre Island Sec D
Land UseResidential
Legal DescriptionPADRE ISLAND SEC D LT 10 BLK 1
Census Tract006205
Assessed Land Value$269,250
Assessment Year2025

About this property

An extraordinary opportunity to own two waterfront lots on Padre Island with the vision, planning, and resources already in place to bring a luxury marina development to life. Offering stunning water frontage and exceptional investment potential, this unique property is more than just land—it’s the foundation for a premier waterfront destination. Included with the sale is a comprehensive development package for Marina Luxe at Granada, featuring architectural plans, a detailed developer budget, security documentation, immigration approvals, and an executive development plan designed to help transform this remarkable property into a reality. These valuable assets provide a significant head start for investors or developers looking to capitalize on a one-of-a-kind waterfront project. Whether you’re envisioning a marina community, luxury waterfront residences, or a landmark mixed-use destination, this offering combines prime waterfront acreage with an extensive portfolio of planning documents to accelerate the development process. Opportunities of this caliber are exceptionally rare, making this an outstanding investment for those seeking to create a lasting legacy in one of the region’s most desirable waterfront settings. Contact your REALTOR® today for additional information and to explore the possibilities this exceptional development opportunity has to offer.

Investor Tools

$1,053,567Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

Interested in this property?

Kim Erwin

KW Coastal Bend - Island

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$690/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,761
$269,250
2025
$269,250
N/A
$269,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,761
$269,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Bank (Lexington)
Commercial
$1,100,000
No
First
Mar 12, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,053,567
N/A
0%
348%
$6,596/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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14865 & 14861 Granada Dr | Property Details | No Agent List