$30,000
3026 Morgan Avenue, Corpus Christi, TX, 78405
On Market
Commercial
Highlights
Interior
Exterior
Lot Size5,227 sqft
Land Information
APN4062-0002-0020
Lot Number2
SubdivisionLa Paloma
Land UseCommercial
Legal DescriptionLA PALOMA LT 2 BLK 2
Census Tract000900
Assessed Land Value$27,379
Assessment Year2025
About this property
Looking for a lot for your food truck, restaurant, tire shop, barber shop, or just for parking lot? This lot is in a prime area with small businesses. There is an old concrete slab on the lot. Buyer is responsible for contacting city about utilities and business use. Property is 5,215 sq feet with frontage of 23.63, approximate depth might be 220, buyer is responsible for the due diligence on the size of lot. There is no existing survey.
Investor Tools
$0Estimated Mortgage Balance
$27,379Estimated 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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$61/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$595
$27,379
2025
$27,379
N/A
$27,379
No
Tax History
Year
Tax Paid
Assessed Value
2024
$595
$27,379
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$27,379
100%
0%
$0/mo
