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$1,125,000

2425 S Padre Island Drive, Corpus Christi, TX, 78415

On MarketInfo
CommercialInfo

Exterior

Lot Size37,679 sqft

Land Information

APN4375-0001-0480
Lot Number48
SubdivisionLexington
Land UseCommercial
Legal DescriptionLEXINGTON BLK 1 LOT 48
Census Tract001905
Assessed Land Value$341,061
Assessment Year2025

About this property

Prime opportunity awaits at this 1.97-acre parcel comprising 3 commercial lots strategically positioned at the bustling intersection of HWY 286 and HWY 358 also known as South Padre Island Drive in Corpus Christi, TX. Located right off the frontage road, this centrally situated property boasts exceptional visibility and a high traffic flow, making it ideal for a variety of development ventures. Whether you envision retail spaces, offices, or other commercial enterprises, this versatile land offers unparalleled potential in a thriving area.The heavy traffic ensures significant potential for growth and success in this dynamic area. You can purchase the entire site or individual parcels.

Investor Tools

$633,652Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,750 /month
Positive
Cash Flow Estimate:
$2,250 /month

Interested in this property?

Jose Recio

Compass RE Texas, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$791/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,785
$341,061
2025
$341,061
N/A
$341,061
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,785
$341,061

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Commercial
$680,000
No
First
Aug 17, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$633,652
N/A
0%
186%
$4,077/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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