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$1,199,000

NAL Estimated Property Value

15658 Three Fathoms Bank Dr, Corpus Christi, TX, 78418

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,093 Sq Ft
price_per_sqft$387.65 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Disposal, Microwave
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock
Lot Size7,187 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6984-0001-0550
Lot Number55
SubdivisionPorts O'call
Land UseResidential
Legal DescriptionPORTS O'CALL BLK 1 LOT 55
Census Tract006202
Assessed Land Value$288,000
Assessed Improvement Value$734,781
Assessment Year2025

About this property

Amazing waterfront home situated on a prime water lot along one of the wider canals on North Padre Island, with easy access to the Intracoastal Waterway and just a mile from the beach. This stunning property offers breathtaking views of the expansive canal and a beautiful backyard oasis featuring a fantastic pool—perfect for embracing the coastal lifestyle. Built with quality and comfort in mind, the home features spray foam insulation, high-impact windows, and impressive 8-foot doors throughout. The spacious kitchen serves as the heart of the home, showcasing a large island, custom cabinetry with under-mount lighting, quartz countertops, stainless steel appliances, and stylish modern fixtures—all opening to an oversized living area ideal for entertaining. The expansive dining area overlooks the water, taking full advantage of this exceptional lot and its incredible views. The thoughtfully designed floor plan includes a primary suite and ensuite downstairs, while the upper level offers generously sized bedrooms with walk-in closets, two full bathrooms, and a large second living area—perfect for movie nights, a game room or a playroom. A small office downstairs provides the ideal space for working from home, paying bills or studying. For added convenience, the home also features two laundry rooms—one on each floor. Step outside to the backyard oasis with a gorgeous pool and stairs leading down to a low-profile boat lift and dock, ensuring beautiful, unobstructed canal views while providing easy access to the water. Oversized driveway offers ample parking, plus additional side parking ideal for a boat, boat trailer or RV.

Investor Tools

Property Icon
$1,199,000
Estimated Property Value
$450,476Estimated Mortgage Balance
$748,524Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,194 /month
Positive
Cash Flow Estimate:
$2,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,843/month
$720/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,124
$1,022,781
2025
$288,000
$734,781
$1,022,781
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,124
$1,022,781

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$500,000
No
First
Mar 4, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$450,476
$748,524
62%
38%
$2,998/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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15658 Three Fathoms Bank Dr | Property Details | No Agent List