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$62,129

NAL Estimated Property Value

3012 Morgan Ave, Corpus Christi, TX, 78405

$80,768 ARVInfo
Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths2,260 Sq Ft
price_per_sqft$26.55 / sqft
Year BuiltBuilt in 2006

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size7,884 sqft

Building Information

Year Built2006
Roof Type105

Land Information

APN4062-0004-0010
Lot Number1
SubdivisionLa Paloma
Land UseResidential
Legal DescriptionLA PALOMA BLK 4 LOT 1
Census Tract000900
Assessed Land Value$41,475
Assessed Improvement Value$20,654
Assessment Year2025

About this property

HUGE PRICE IMPROVEMENT!! Don’t miss this opportunity! Commercial property for sale in the central city. Corner lot with frontage on Morgan Avenue provides a ton of exposure for your business venture! This fully fenced property includes a commercial warehouse/industrial building with business offices. The property also includes a two bedroom apartment with private access that can be used for living onsite or additional income as a rental unit. The space behind the warehouse on Elgin St. previously had a duplex rental unit that has been demolished but could provide additional income if rebuilt or can be additional storage or parking for your business venture. Owner is in the process of removing all items from property and will be completed prior to closing. Don't let this affordable and versatile commercial property slip away!

Investor Tools

Property Icon
$62,129
Estimated Property Value
$0Estimated Mortgage Balance
$62,129Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$80,768
Rent-to-Value Ratio: 0.72%
Rent Estimate
$373 /month
Positive
Cash Flow Estimate:
$124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$138/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,351
$62,129
2025
$41,475
$20,654
$62,129
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,351
$62,129

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$62,129
100%
0%
$0/mo

City: Corpus Christi

3012 Morgan Ave | Property Details | No Agent List