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$207,000

NAL Estimated Property Value

1930 Magnolia Falls Dr, Corpus Christi, TX, 78415

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size21,780 sqft

Land Information

APN7047-0002-0180
Lot Number18
SubdivisionThe Promenade
Land UseResidential
Legal DescriptionTHE PROMENADE BLK 2 LOT 18
Census Tract005406
Assessed Land Value$205,000
Assessment Year2025

About this property

Welcome to THE PROMENADE! WATERFRONT HOMESITE!!! This beautiful landscaped gated community features 1/2 acre lots. grand entrance with accent lighting, fountain, deed restrictions, minimum 2300 sq. ft. homes, 10 acre pond, city water, community swimming pool, bring your own builder. Close to shopping, restaurants, medical. Desired London ISD.

Investor Tools

Property Icon
$207,000
Estimated Property Value
$159,875Estimated Mortgage Balance
$47,125Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,481
$205,000
2025
$205,000
N/A
$205,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,481
$205,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rally Cu
Conventional
$164,000
No
First
Nov 4, 2024
Dec 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,875
$47,125
22%
77%
$984/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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1930 Magnolia Falls Dr | Property Details | No Agent List