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$285,790

202 Reef Ave Apt 501, Corpus Christi, TX, 78402

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,146 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.01 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size1,133 sqft

Building Information

Year Built1985
Roof Type172

Land Information

APN0545-0000-0501
SubdivisionBeach Place Condo
Land UseResidential
Legal DescriptionBEACH PLACE CONDO, UNIT 501, 2.7255% COMMON AREA INTEREST
Census Tract006300
Assessed Land Value$8,588
Assessed Improvement Value$277,202
Assessment Year2025

About this property

Experience beachfront living in this stunning, fully furnished, two-bedroom, two-bath condo with breathtaking ocean views. Enjoy a spacious open-concept layout and a private patio perfect for relaxing. Just steps from the sand, this coastal retreat offers the perfect blend of comfort and luxury. Walking distance to food, entertainment, trails, fishing and so much more. Minutes from both Portland and downtown Corpus Christi. Available for 1-12 months.

Investor Tools

Property Icon
$285,790
Estimated Property Value
$188,000Estimated Mortgage Balance
$108,437Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,715 /month
Positive
Cash Flow Estimate:
$572 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$545/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,110
$285,790
2025
$8,588
$277,202
$285,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,110
$285,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rally Cu
Purchase Money Mortgage
$188,000
No
First
Mar 30, 2023
Mar 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,353
$108,437
37%
62%
$1,128/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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202 Reef Ave Apt 501 | Property Details | No Agent List