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$291,000

NAL Estimated Property Value

15432 Salt Cay Court 101, Corpus Christi, TX, 78418

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,079 Sq Ft
price_per_sqft$287.21 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Free-Standing Range, Disposal, Refrigerator, Range Hood, Dryer, Washer
FlooringCeramic Tile, Tile

Exterior

Exterior FeaturesDock, Dog Run
Lot Size3,093 sqft

Building Information

Year Built1980

Land Information

APN6984-0018-0164
SubdivisionPorts O'call
Land UseResidential
Legal DescriptionPORTS O'CALL ISL PALMS CONDOUT LT 16 BLK 18 UNIT 1/4 INT COM EL IMPT 104 BLDG A ISL PALM COND
Census Tract006202
Assessed Land Value$77,250
Assessed Improvement Value$182,745
Assessment Year2025

About this property

Looking for the perfect waterfront condo, minutes to NPI beaches and everything Island Life has to offer? Now is your chance to have one of only four condos in the entire complex at a Quiet, and peaceful location. This waterfront property features an AWESOME deck & views for an amazing price. The bright and open floorpan overlooks the expansive deck, boat lift and canal. Not only do you have views from the living room, but the view from the master is even more breathtaking. You will be glad to know that you have your own washer & dryer inside the unit AND, spacious utility closet, pantry, and storage under stairs as well. This property comes fully turn key with all furniture conveying, ALL appliances convey AND it is located in the highly sought after Flour Bluff school district. Two spacious bedrooms with each having their own private bathroom. There is also a half bathroom located downstairs for guest and convenience. Kitchen is updated with granite counters, stainless steel appliances, breakfast bar for extra seating and overlooks living and eating area with water views. There is Plenty of storage here and parking out front. Close to parks, boat ramps, shopping, dining and this property is ready for new owner who want to scoop up the lifestyle of Coastal breezes, sunsets, fishing, boating and of course the BEACH!

Investor Tools

Property Icon
$291,000
Estimated Property Value
$37,725Estimated Mortgage Balance
$253,275Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,859 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$139/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$210
$259,995
2025
$77,250
$182,745
$259,995
No

Tax History

Year
Tax Paid
Assessed Value
2024
$210
$259,995

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home123 Corp
Credit Line (Revolving) / Heloc
$75,000
No
First
Feb 14, 2007
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$37,725
$253,275
87%
13%
$450/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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15432 Salt Cay Court 101 | Property Details | No Agent List