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$187,000

NAL Estimated Property Value

2845 Elgin St, Corpus Christi, TX, 78405

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,296 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.89 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size6,011 sqft

Building Information

Year Built1955
Roof Type105

Land Information

APN2277-0003-0260
Lot Number26
SubdivisionEl Rey
Land UseResidential
Legal DescriptionEL REY ADD LT 26 BK 3
Census Tract001601
Assessed Land Value$23,956
Assessed Improvement Value$81,712
Assessment Year2025

About this property

Welcome Home! This beautifully renovated 4-bedroom, 2-bathroom home offers modern living with timeless charm. Step inside to find a spacious, open-concept layout with stylish finishes throughout—practical for both everyday living and entertaining. The updated kitchen features sleek countertops, new cabinetry, and brand new stainless steel appliances. Outside, you'll love relaxing on the covered front porch, ideal for enjoying a morning coffee or unwinding after a long day. This home is also in close proximity to a vibrant neighborhood park—perfect for weekend fun or peaceful strolls. Ready to call this place home? Schedule your showing today!

Investor Tools

Property Icon
$187,000
Estimated Property Value
$183,138Estimated Mortgage Balance
$3,862Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$273/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,340
$105,668
2025
$23,956
$81,712
$105,668
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,340
$105,668

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Fha
$185,576
Yes
First
Jul 31, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,138
$3,862
2%
98%
$1,113/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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2845 Elgin St | Property Details | No Agent List