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$395,000

15314 Bonasse Ct Apt A, Corpus Christi, TX, 78418

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,260 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$313.49 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesBoat Lift, Deck
Lot Size4,792 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4063-0000-0010
SubdivisionLa Paloma Padre 1 Townhomes
Land UseResidential
Legal DescriptionLA PALOMA PADRE 1 TOWNHOMES, BUILDING A, D & A-1, 33.333% COMMON AREA INTEREST
Census Tract006202
Assessed Land Value$153,216
Assessed Improvement Value$207,561
Assessment Year2025

About this property

Whether you're searching for a full-time island residence, a weekend retreat, or an income-producing vacation rental, this North Padre Island townhome checks all the boxes! Offered mostly furnished and short-term rental friendly, this beautifully maintained 2-bedroom, 2.5-bath townhome offers the flexibility to enjoy today and invest in tomorrow. Designed for effortless coastal living, the open-concept floor plan is complemented by an attached two-car garage, providing plenty of room for vehicles, fishing gear, beach toys, and all your island essentials. For added peace of mind, the home is equipped with roll-down hurricane shutters, making it easy to secure the property when you're away. Step outside to your own private island oasis. The dedicated side yard features a shaded outdoor dining area, a grilling station beneath a pergola, and ample space to add a private pool, creating the perfect setting for entertaining family and friends after a day on the water. Boaters and anglers will appreciate the private boat lift along with generous dock space capable of accommodating multiple watercraft, making it easy to keep your boat, kayaks, paddleboards, or personal watercraft right outside your back door. Located just minutes from the Laguna Madre and the Intracoastal Waterway, you'll enjoy quick access to some of the best fishing the Texas Coast has to offer. Whether you're looking for a primary residence, a coastal getaway, or an investment property, this home offers outstanding versatility. With short-term rentals allowed and being offered mostly furnished, it's ready to enjoy from day one or begin generating rental income. Priced at $395,000, this is an exceptional opportunity to own a waterfront townhome in one of North Padre Island's most desirable locations. Come experience the relaxed island lifestyle where every day feels like a vacation.

Investor Tools

$186,851Estimated Mortgage Balance
$173,926Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

Interested in this property?

Julie Reupke

Compass RE Texas, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,653
$360,777
2025
$153,216
$207,561
$360,777
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,653
$360,777

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$205,394
No
First
Oct 15, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,851
$173,926
48%
52%
$1,232/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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15314 Bonasse Ct Apt A | Property Details | No Agent List