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$1,395,000

15945 Punta Espada, Corpus Christi, TX, 78418

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths7 Bath
Baths4,569 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$305.32 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 7Bathrooms 7
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood
FlooringCarpet, Other, Tile

Exterior

Exterior FeaturesBoat Lift, Boat Ramp, Deck, Dock
Lot Size14,418 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces9

Land Information

APN1780-0024-0100
Lot Number10-11
SubdivisionCoquina Bay
Land UseResidential
Legal DescriptionCOQUINA BAY BLK 24 LOT 10 & 11
Census Tract006201
Assessed Land Value$518,400
Assessed Improvement Value$1,063,785
Assessment Year2025

About this property

Welcome to an exceptional waterfront property situated on two lots totaling more than 14,000 square feet, offering an impressive approximately 120 feet of bulkhead and an abundance of space for waterfront living, entertaining, vehicles, and boats. A circular driveway welcomes you to the home, with ample parking on both sides. Step inside to a wide, welcoming foyer with soaring cathedral ceilings to the right of the foyer is a guest bedroom and nearby guest bath. Continue forward to the formal dining area, which opens into the spacious open-concept living and kitchen area. The kitchen features a breakfast bar and breakfast nook, creating an inviting space for everyday living and entertaining. The bedroom layout provides excellent privacy, with a spacious primary suite featuring a private full bath and two closets. Two additional bedrooms are connected by a Jack-and-Jill bathroom, making this area ideal for guests. Upstairs, the home continues to impress with another primary suite and full bathroom, along with a versatile flex room that could serve as a home office, fitness room, hobby space, or additional guest area. A full walk-in attic provides substantial storage. A separate game room with pool table offers even more room to gather and entertain, along with a half bath and additional walk-in attic storage. One of the home's standout features is the expansive rear balcony extending across the back of the home. Exterior stairs provide direct access from the balcony to the backyard. There is ample room for a pool, along with a boat lift, waterfront deck, and boat ramp. One garage offers doors on both sides, creating convenient access for moving a boat from the driveway toward the water and utilizing the private boat ramp. The property also features a second two-car garage with exceptionally tall ceilings, providing tremendous flexibility for storing vehicles, boats, recreational equipment, and more. Come and see this home today.

Investor Tools

$315,998Estimated Mortgage Balance
$1,266,187Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,493 /month
Positive
Cash Flow Estimate:
$3,164 /month

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Sandy Powell

SPowell.com Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,921/month
$1,440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,135
$1,582,185
2025
$518,400
$1,063,785
$1,582,185
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,135
$1,582,185

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Credit Line (Revolving) / Heloc
$380,000
No
First
Mar 25, 2008
Mar 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,998
$1,266,187
80%
20%
$3,046/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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15945 Punta Espada | Property Details | No Agent List