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$125,000

1645 Clare Dr, Corpus Christi, TX, 78412

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths960 Sq Ft
Single Family ResidenceSingle Family Residence
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

Property Icon
$109,000
Estimated Property Value
$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

Vaden MacLeod Real Estate

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

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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1645 Clare Dr | Property Details | No Agent List