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$281,000

NAL Estimated Property Value

306 Belmont Dr, Corpus Christi, TX, 78418

$297,699 ARVInfo
Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths1,726 Sq Ft
price_per_sqft$124.56 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesElectric Oven, Electric Range, Disposal, Microwave
FlooringTile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size7,449 sqft

Building Information

Year Built1964
Roof Type105
Garage Spaces220

Land Information

APN8867-0006-0230
Lot Number23
SubdivisionTropic Park
Land UseResidential
Legal DescriptionTROPIC PARK BLK 6 LOT 23
Census Tract003101
Assessed Land Value$14,898
Assessed Improvement Value$183,657
Assessment Year2025

About this property

Welcome to an outdoorsman’s paradise! Imagine coming home from a hectic work day, walking out back and grabbing your fishing pole or jumping into your kayak for some water fun in Humble Channel. Nature abounds at the back canal. Not only can you catch your fish dinner from the canal, but sightings of birds from near and far have been reported as they travel to and from the Redhead Pond Wildlife Management Area! This 5 bedroom, 1.5 bathroom home is tucked away in a sleepy cul de sac in Tropic Park. Walk into the spacious foyer, with the bright, open living room and kitchen to the right, while the stairs to the second floor are to the left. The breakfast bar is the perfect spot to sit on a stool and visit with the chef, or serve delicious snacks to your guests! The open concept downstairs, allows for natural light from the front windows or the French doors to the backyard. Two downstairs bedrooms and the laundry room are right off the kitchen hallway. The half bath is pre-plumbed and ready for a shower to be added on! A utility room with direct access to the backyard is on the back side of the house, where you can refine your lures or store your BBQ tongs and spatulas. Upstairs three spacious bedrooms await, as well as your very own “Harry Potter closet,” allowing for amazing storage space! Easy access to Laguna Shores drive and Waldron Rd., as well as Flour Bluff schools and SPID. This blank canvas can be customized to fit your every need and with a few finishing touches you can make it your perfect coastal paradise!

Investor Tools

Property Icon
$281,000
Estimated Property Value
$158,719Estimated Mortgage Balance
$122,281Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$297,698
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,514
$198,555
2025
$14,898
$183,657
$198,555
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,514
$198,555

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$161,172
Yes
First
Apr 6, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,719
$122,281
43%
56%
$1,026/mo

City: Corpus Christi

306 Belmont Dr | Property Details | No Agent List