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$274,000

15425 Fortuna Bay Dr Apt 316, Corpus Christi, TX, 78418

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,066 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$257.04 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Range Hood
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock
Lot Size1,437 sqft

Building Information

Year Built1984
Roof Type105

Land Information

APN6950-0000-0316
SubdivisionPort Royal Fortuna Bay Condo
Land UseResidential
Legal DescriptionPORT ROYAL FORTUNA BAY CONDO, UNIT 316, 2.3128% COMMON AREA INTEREST
Census Tract006202
Assessed Land Value$35,600
Assessed Improvement Value$268,706
Assessment Year2025

About this property

Come and enjoy the sunsets. Fish from you own assigned boat dock. Beautiful waterfront condo in Port Royal Condos. Great location on a wide canal. Boat slip comes with the unit. 2 bedrooms, 2 full baths. Primary bedroom has it’s own balcony. Open concept with updated paint and cabinets. Fireplace in the living room. Washer and dryer in a closet off the kitchen. Awesome wide canal views. These condos come also have a nice community pool area with a gazebo.

Investor Tools

$110,390Estimated Mortgage Balance
$194,139Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,826 /month
Positive
Cash Flow Estimate:
$609 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$621/month
$513/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,934
$304,306
2025
$35,600
$268,706
$304,306
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,934
$304,306

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$123,750
No
First
Nov 24, 2020
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,390
$193,916
63%
36%
$742/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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15425 Fortuna Bay Dr Apt 316 | Property Details | No Agent List