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$125,000

1645 Clare Dr, Corpus Christi, TX, 78412

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths960 Sq Ft
price_per_sqft$130.21 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesElectric Oven, Electric Range, Free Standing Range
FlooringOther

Exterior

Exterior FeaturesNone
Lot Size8,015 sqft

Building Information

Year Built1956
Roof Type105
Garage Spaces400

Land Information

APN9880-0005-0010
Lot Number1R
SubdivisionWoodlawn Ests
Land UseResidential
Legal DescriptionWOODLAWN ESTS LT 1R-A BK 5
Census Tract003205
Assessed Land Value$16,030
Assessed Improvement Value$84,349
Assessment Year2025

About this property

Ready to bring your next multifamily investment project to life? This property has already been rezoned from RS-6 Residential to RM-1 Multifamily, offering an excellent opportunity for development. The property currently features a 2-bedroom, 1-bath home that could be renovated for rental income or removed to make way for a new duplex or other multifamily project (subject to applicable regulations). Conveniently located near shopping centers, the expressway, a movie theater, hospitals, CCAD/NAS Corpus Christi, Texas A&M University–Corpus Christi, and just minutes from the area's beautiful beaches, this property combines development potential with a highly desirable location. Schedule your private showing today and explore the possibilities this investment opportunity has to offer!

Investor Tools

$0Estimated Mortgage Balance
$109,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

Interested in this property?

Raquel Berger

Salt & Sage Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$171/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,512
$100,379
2025
$16,030
$84,349
$100,379
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,512
$100,379

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$109,000
100%
0%
$0/mo

City: Corpus Christi

1645 Clare Dr | Property Details | No Agent List