$92,500
1524 Ormond Dr, Corpus Christi, TX, 78415
$120,250 ARV
On Market
Property Lead Type:
Must-SellDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
FlooringVinyl
Exterior
Lot Size6,055 sqft
Building Information
Year Built1951
Roof Type105
Land Information
APN9921-0003-0120
Lot Number12
SubdivisionWynwood #2
Land UseResidential
Legal DescriptionWYNWOOD 2 LT 12 BK 3
Census Tract002002
Assessed Land Value$12,100
Assessed Improvement Value$180,097
Assessment Year2025
About this property
Opportunity awaits with this 2-bedroom, 1.5-bath home conveniently located just minutes from downtown and can easily be converted to a 3-bedroom. Featuring a covered carport and that offers plenty of potential for buyers looking to add their personal touch. While the home could use some TLC and cosmetic updates, it provides a solid foundation for renovation, investment, or creating your ideal home. Enjoy the convenience of nearby shopping, dining, entertainment, and easy access to downtown amenities. Bring your vision and make this property shine!
Investor Tools
$0Estimated Mortgage Balance
$192,197Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$120,250
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,153 /month
Positive
Cash Flow Estimate:
$384 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$98/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$212
$192,197
2025
$12,100
$180,097
$192,197
No
Tax History
Year
Tax Paid
Assessed Value
2024
$212
$192,197
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$192,197
100%
0%
$0/mo
