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$351,000

NAL Estimated Property Value

1506 Oceano Drive, Corinth, TX, 76210

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,751 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.92 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size9,017 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR203595
Lot Number25
SubdivisionCorinthian Palisades Sec One
Land UseResidential
Legal DescriptionCORINTHIAN PALISADES SEC ONE BLK 3 LOT 25
Census Tract021420
Assessed Land Value$84,702
Assessed Improvement Value$264,740
Assessment Year2025

About this property

Come make this house your own--the layout and yard can't be beat! All of the windows in the living room and breakfast room look out into the spacious back yard, which wraps around to one side of the house for extra play space or a pool! LOTS of trees in the backyard which exudes a quiet, serene feel. Split bedroom plan gives the master a bit more privacy, and a half bath is perfect for guests! Hot water heater replaced 2014 and roof 3-4 years ago. AC compressor replaced 2019. This peaceful neighborhood is convenient to great schools and a short walk to a park! Don't miss out on the opportunity to create your own history in this home!

Investor Tools

Property Icon
$351,000
Estimated Property Value
$215,660Estimated Mortgage Balance
$135,340Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,106 /month
Positive
Cash Flow Estimate:
$702 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,968
$349,442
2025
$84,702
$264,740
$349,442
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,968
$349,442

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$242,250
No
First
Sep 25, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,660
$135,340
38%
61%
$1,453/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$1,453/mo
+$937/mo
8.2%

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: Corinth

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1506 Oceano Drive | Property Details | No Agent List