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$188,000

1938 Spencer Dr, Corpus Christi, TX, 78412

Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths1,267 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.57 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size6,534 sqft

Building Information

Year Built1973
Roof Type105

Land Information

APN0981-0004-0200
Lot Number20
SubdivisionBriarwood #2
Land UseResidential
Legal DescriptionBRIARWOOD #2 BLK 4 LOT 20
Census Tract003206
Assessed Land Value$21,210
Assessed Improvement Value$138,085
Assessment Year2025

About this property

Welcome to 1938 Spencer Drive — a charming 3-bedroom, 1-bath home in a prime Corpus Christi location! This move-in ready property features fresh paint, updated tile flooring, and a bright, welcoming layout that’s perfect for comfortable everyday living. The home has been thoughtfully refreshed, making it easy for new owners to settle in and add their personal touch. Situated near local dining, shopping, and entertainment, you’ll enjoy the convenience of city living while being just 20 minutes from the beach. The University and NAS Corpus Christi are also nearby, making this an ideal choice for students, military families, or anyone looking for easy access to key destinations. Whether you’re a first-time buyer, downsizing, or looking for an investment property, this updated home offers both comfort and convenience in an amazing location

Investor Tools

Property Icon
$188,000
Estimated Property Value
$135,000Estimated Mortgage Balance
$53,979Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,137 /month
Positive
Cash Flow Estimate:
$379 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,315
$159,295
2025
$21,210
$138,085
$159,295
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,315
$159,295

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$135,000
No
First
Nov 18, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,021
$53,979
28%
71%
$810/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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1938 Spencer Dr | Property Details | No Agent List