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$275,000

15401 FORTUNA BAY Drive 104, Corpus Christi, TX, 78418

Under ContractInfo
Beds1 Beds
Baths2 Bath
Baths823 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$334.14 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Free-Standing Range, Disposal, Microwave, Refrigerator, Dryer, Washer
FlooringLaminate, Other

Exterior

Private PoolPrivate Pool
Lot Size2,091 sqft

Building Information

Year Built1985
Roof Type105

Land Information

APN7045-0000-0104
SubdivisionPrincess Wharf Condo
Land UseResidential
Legal DescriptionPRINCESS WHARF CONDO, UNIT 104, 10.656% COMMON AREA INTEREST
Census Tract006202
Assessed Land Value$52,650
Assessed Improvement Value$185,861
Assessment Year2025

About this property

WELCOME TO PRINCESS WHARF CONDOMINIUMS - a boutique WATERFRONT community offering tranquility & charm with just 8-individually owned units. This spectacular 1-BR, 2-BA, 2-story coastal retreat has been fully modernized into a true coastal gem.Thoughtfully designed & FULLY FURNISHED, this 'coastal cutie' offers a seamless blend of stylish comfort and water side serenity with BREATHTAKING water views! Its 1st floor boasts a fully equipped kitchen featuring a full-sized refrig/freezer, filtered water/icemaker, barstool seating, and a full bath with walk-in shower.The inviting living room includes two full-sized conversion couches that flatten into king-length sleeping spaces, perfect for accommodating extra guests.On the 2nd-floor, you're greeted by a spacious bedroom with a king-sized bed, full bath with a tub/shower combo, & plenty of closet space. Additional features include a stackable washer/dryer, charming reading nook, an office area, & mini-split air/heat system for year-round comfort. Off the bedroom, step onto your private deck outfitted with cozy couches - ideal for enjoying sunsets & cocktails after a day on the water. The outdoor spaces are equally impressive. Off the 1st-floor living area, you'll find a deck with dining table, chairs, and a gas grill, perfect for entertaining. The lower decking leads to the common area, where a pool and fishing area await. The condo includes its own assigned parking space, golf cart parking, bike rack access, and an assigned boat-slip with a private floating dock - ready for fishing, swimming, or launching kayaks. Located on the main water channel on Padre Island, Princess Wharf provides direct access to the Intracoastal Waterway, ensuring seamless navigation for water enthusiasts. And with short-term rentals allowed, this property is as much a savvy investment as it is a dream escape. As a special touch, Herold, the resident Great Blue Heron, graces the property with his daily visits, completing the coastal experience!

Investor Tools

Property Icon
$282,000
Estimated Property Value
$0Estimated Mortgage Balance
$201,302Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
$539/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,836
$238,511
2025
$52,650
$185,861
$238,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,836
$238,511

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$99,000
No
First
Jun 13, 2017
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,698
$201,302
71%
29%
$594/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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15401 FORTUNA BAY Drive 104 | Property Details | No Agent List