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$129,000

NAL Estimated Property Value

15646 Cruiser St, Corpus Christi, TX, 78418

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size14,985 sqft

Land Information

APN6129-0220-0180
Lot Number18
SubdivisionPadre Island #4
Land UseResidential
Legal DescriptionPADRE ISLAND NO 4 LOT 18 BLK 220
Census Tract006201
Assessed Land Value$80,000
Assessment Year2025

About this property

Prime 0.34-Acre Lot Zoned for Condo Development! An exceptional opportunity awaits on North Padre Island! Situated on +/- 0.34 of an acre, enjoy close proximity to the local beaches, shopping, and restaurants that North Padre Island is known for, while just a short drive from NAS-CC, TAMU-CC, and all that Corpus Christi has to offer! Whether you're planning a luxury condo project, vacation rentals, or a multi-unit community, this lot offers the space, zoning, and location to bring your vision to life. Don’t miss out on this prime development opportunity - the island lifestyle and investment potential you've been looking for is here!

Investor Tools

Property Icon
$129,000
Estimated Property Value
$97,360Estimated Mortgage Balance
$31,640Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$780 /month
Positive
Cash Flow Estimate:
$260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,610
$80,000
2025
$80,000
N/A
$80,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,610
$80,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Charter Bank
Unknown
$97,500
No
First
Mar 2, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,360
$31,640
24%
75%
$585/mo

Learn About the Market: Opportunity in Texas

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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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15646 Cruiser St | Property Details | No Agent List