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$370,000

15410 Fortuna Bay Drive 3005, Corpus Christi, TX, 78418

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,541 Sq Ft
price_per_sqft$240.1 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Refrigerator, Range Hood, Dryer, Washer
FlooringLuxury Vinyl Plank, Tile

Exterior

Exterior FeaturesBoat Lift, Deck, Dock
Lot Size3,703 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces1

Land Information

APN6253-0000-3005
SubdivisionPadre Paradise Townhomes
Land UseResidential
Legal DescriptionPADRE PARADISE TOWNHOMES, BUILDING E, UNIT 3005, 16.667% COMMON AREA INTEREST
Census Tract006202
Assessed Land Value$66,834
Assessed Improvement Value$268,524
Assessment Year2025

About this property

Experience true waterfront living at 15410 Fortuna Bay Dr #3005! This beautifully updated townhome features an expansive east-facing deck—perfect for sunrise views—along with a private boat lift just off the main channel to the Intracoastal Waterway, offering quick access to Packery Channel and the Gulf of Mexico. The first floor showcases an open-concept layout with kitchen, living, and dining areas designed for effortless entertaining, plus a guest bedroom and full bath for added convenience. Upstairs, you’ll find a second guest bedroom, full bath, spacious laundry room, and a generous primary suite with stunning water views. The well-maintained complex includes recent exterior paint and regular landscaping, including palm tree trimming. Located in the heart of North Padre Island, enjoy close proximity to Packery Channel, boat ramps, the newly reopened Bob Hall Pier, and miles of drive-on beach access—plus restaurants, shopping, and entertainment just a golf cart ride away. Sold mostly furnished, this is a turnkey opportunity for a primary residence, vacation home, or investment property.

Investor Tools

$133,074Estimated Mortgage Balance
$234,926Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

Interested in this property?

Sarah Park

Kuper Sotheby's Intl Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$793/month
$739/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,681
$335,358
2025
$66,834
$268,524
$335,358
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,681
$335,358

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$150,400
No
First
May 29, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,074
$234,926
63%
36%
$902/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,740/mo
$1,641/mo
+$99/mo
5.7%

City: Corpus Christi