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$188,000

NAL Estimated Property Value

1938 Spencer Dr, Corpus Christi, TX, 78412

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

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Oven, Electric Range
FlooringCarpet, Tile

Exterior

Exterior FeaturesStorage
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
$134,021Estimated 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

City: Corpus Christi

1938 Spencer Dr | Property Details | No Agent List