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$154,900

1526 Melbourne Dr, Corpus Christi, TX, 78415

Under ContractInfo
Beds2 Beds
Baths1 Bath
Baths900 Sq Ft
price_per_sqft$172.11 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesGas Oven, Gas Range
FlooringHardwood

Exterior

Exterior FeaturesNone
Lot Size6,621 sqft

Building Information

Year Built1951
Roof Type105
Garage Spaces1

Land Information

APN9921-0004-0130
Lot Number13
SubdivisionWynwood #2
Land UseResidential
Legal DescriptionWYNWOOD #2 BLK 4 LOT 13
Census Tract002002
Assessed Land Value$13,200
Assessed Improvement Value$149,800
Assessment Year2025

About this property

Welcome to 1526 Melbourne, a well-maintained home offering comfort, functionality, in a central location in Corpus Christi. This property features a comfortable design for everyday living and easy entertaining. Step inside to find an inviting living area filled with natural light, complemented by a practical floor plan that flows seamlessly into the dining space and kitchen. The kitchen offers ample cabinetry and workspace, making it ideal for both daily use. The bedrooms are generously sized, providing flexibility for guests, or a home office. Additional features include original hardwood flooring, neutral tones, and thoughtful updates throughout. Outside, enjoy a sizable backyard with room to relax, entertain, or create your own outdoor oasis. Whether it’s weekend barbecues or quiet evenings, this space offers endless potential. Conveniently located near local schools, shopping, dining, and quick access to major roadways, this home combines location and livability. Don’t miss your opportunity to own this move-in ready home. Schedule your showing today.

Investor Tools

$117,571Estimated Mortgage Balance
$46,063Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$978 /month
Positive
Cash Flow Estimate:
$326 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,060
$163,000
2025
$13,200
$149,800
$163,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,060
$163,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$126,170
Yes
First
Aug 31, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,571
$45,429
27%
72%
$757/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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1526 Melbourne Dr | Property Details | No Agent List