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$42,000

NAL Estimated Property Value

217 Spruce St, Corpus Christi, TX, 78408

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1,960 sqft

Land Information

APN5305-0005-0090
Lot Number9
SubdivisionMonte Vista
Land UseResidential
Legal DescriptionMONTE VISTA LT 9 BK E
Census Tract001100
Assessed Land Value$2,925
Assessment Year2025

About this property

Residential lot located in the heart of Corpus Christi, just minutes from downtown, schools, shopping, and the Bayfront. This 1,951 sq ft lot offers endless possibilities, whether you’re looking to build your own home, develop a rental property, or hold land in a market that continues to grow, this tract delivers on location and potential. With owner financing available, this property becomes even more attractive to buyers who want flexibility outside of traditional lending. Skip the banks, bring your vision, and secure a piece of Corpus Christi real estate with terms designed to make ownership more accessible. This is an opportunity that doesn’t come around often, especially at this price point and with such a central location. The lot sits in an established neighborhood with utilities available nearby, making it a straightforward choice for future building. Its manageable size keeps entry costs affordable while still allowing plenty of creative freedom for new construction, whether that’s a home, a modern bungalow, or even a long term rental investment to generate passive income. Investors will appreciate the area’s steady rental demand, proximity to major employers, and quick access to I-37 and downtown amenities. Homebuyers will love the chance to start fresh with new construction in a convenient location. And with the owner finance option, the door is wide open to make your real estate goals a reality today. 217 Spruce St is more than just a vacant lot it’s a blank canvas in a city that’s on the move. Whether you’re building, investing, or holding, the upside is clear. Don’t wait lots like this are becoming harder to find, especially with seller-financing available. Secure your stake in Corpus Christi’s future today!

Investor Tools

Property Icon
$42,000
Estimated Property Value
$0Estimated Mortgage Balance
$42,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$19/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19
$2,925
2025
$2,925
N/A
$2,925
Yes (2010)

Tax History

Year
Tax Paid
Assessed Value
2024
$19
$2,925

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$42,000
100%
0%
$0/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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217 Spruce St | Property Details | No Agent List