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$494,000

15217 Windward Dr Unit 403, Corpus Christi, TX, 78418

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,388 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$208.96 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available

Exterior

Lot Size3,311 sqft

Building Information

Stories3
Garage Spaces342

Land Information

APN6215-0000-0403
SubdivisionPadre Island Townhomes
Land UseResidential
Legal DescriptionPADRE ISLAND TOWNHOMES, BUILDING 403, 6.667% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$58,992
Assessed Improvement Value$419,376
Assessment Year2025

About this property

NEW CONSTRUCTION TOWNHOMES! Short-term rentals are fully permitted, offering over 2,300 sq. ft. of living space with a beautiful beach view, low HOA fees, a community pool, and a short walk to the beach. Discover luxury coastal living at 15217 Windward Dr Unit #403, an expansive new construction townhome just steps from the beach! Offering 4 bedrooms, 3.5 baths, and about 2,300 sq. ft., this rare three-story residence is substantially larger than most units in the area and designed for both personal enjoyment and investment. Short-term rentals are allowed, making it a perfect opportunity for vacationers or income-focused buyers. The open concept living area features high ceilings, tile flooring, and large windows that flood the space with natural light. The chef’s kitchen is equipped with quartz countertops, stainless steel appliances, soft-close cabinetry, and a spacious pantry—ideal for entertaining guests after a day at the beach. Upstairs, the primary suite offers a private balcony with stunning coastal views, a walk-in closet, and a spa-like ensuite bath with a walk-in shower and dual vanities. Two additional bedrooms provide ample space for guests. This townhome includes a two-car garage, modern finishes throughout, and access to a community pool. With low HOA fees and a prime location on North Padre Island, this is one of the best opportunities on the market. One of 3 townhomes available to choose from, Units 401, 402, 403, buy one or buy them all! Live the island dream—schedule a private tour today!

Investor Tools

Property Icon
$494,000
Estimated Property Value
$320,000Estimated Mortgage Balance
$176,789Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$902/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,349
$478,368
2025
$58,992
$419,376
$478,368
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,349
$478,368

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$320,000
No
First
Oct 22, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,211
$176,789
35%
64%
$1,919/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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15217 Windward Dr Unit 403 | Property Details | No Agent List