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$585,000

15101 Kokomo Dr, Corpus Christi, TX, 78418

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,424 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$410.81 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3

Exterior

Lot Size3,964 sqft

Building Information

Year Built2020
Stories2
Roof Type105

Land Information

APN0291-0001-0090
Lot Number9
SubdivisionAruba P.U.D
Land UseResidential
Legal DescriptionARUBA P.U.D. BLK 1 LOT 9
Census Tract006205
Assessed Land Value$70,820
Assessed Improvement Value$370,403
Assessment Year2025

About this property

Welcome to Star Fish Inn at Aruba Bay on North Padre Island—an exceptional income-generating waterfront townhome! This rarely available end-unit on Lake Padre is just minutes from Packery Channel & the Gulf of Mexico, making it a highly desirable vacation rental or personal getaway. Turnkey & Fully Furnished, this 3-bedroom, 3-bath townhome is designed for maximum rental appeal with over $25,000 of upcoming bookings already on the calendar. The open-concept kitchen, living, and dining area flow seamlessly to a spacious covered deck, perfect for entertaining guests or relaxing with stunning water views. Upstairs, three bedrooms and two full baths provide ample space for multiple guests, while the end-unit location ensures added privacy. With two assigned parking spaces and access to premium resort amenities, this property is a rental powerhouse! Aruba Bay Resort offers unique perks, including access to Kokomo Yacht Club with a variety of guest-attracting activities—live music, karaoke, dive-in movies, s’mores nights, and more. Plus, enjoy two heated resort-style pools, a 24-hour fitness room, game room, pickleball court, and boat slip rentals to enhance guest experiences. Whether you're looking to maximize short-term rental income or secure a high-demand island investment, this property delivers. HOA Dues are $1056 per month and include cable, WiFi, water, trash, exterior insurance, exterior upkeep, and upkeep of all grounds & resort amenities. Don’t miss this rare opportunity—schedule your showing today!

Investor Tools

Property Icon
$530,000
Estimated Property Value
$314,900Estimated Mortgage Balance
$244,078Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

Interested in this property?

Charlie Knoll

Coldwell Banker Island Escapes

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,379/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,897
$441,223
2025
$70,820
$370,403
$441,223
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,897
$441,223

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
C & T Mortgage Inc
Conventional
$314,900
No
First
Jun 25, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,922
$244,078
46%
54%
$1,888/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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15101 Kokomo Dr | Property Details | No Agent List