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$237,000

NAL Estimated Property Value

311 S Morningside St, Corpus Christi, TX, 78404

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,338 Sq Ft
price_per_sqft$168.09 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Free Standing Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Refrigerator, Dryer, Multiple Water Heaters, Washer
FlooringHardwood, Laminate

Exterior

Exterior FeaturesDeck
Lot Size6,360 sqft

Building Information

Year Built1939
Roof Type105
Garage Spaces2

Land Information

APN5390-0001-0030
Lot Number3
SubdivisionMorningside
Land UseResidential
Legal DescriptionMORNINGSIDE BLK 1 LOT 3
Census Tract002102
Assessed Land Value$25,520
Assessed Improvement Value$206,939
Assessment Year2025

About this property

Adorable Morningside cottage with original hardwood floors and an updated kitchen featuring granite countertops and farm sink. This home boasts split bedrooms with a large primary suite and is complemented by two bedrooms and hall bath. Large windows bring in abundant natural light, enhancing the home's warmth. While updated to meet modern needs, it retains the timeless charm of the Morningside neighborhood.

Investor Tools

Property Icon
$237,000
Estimated Property Value
$222,154Estimated Mortgage Balance
$14,846Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,112
$232,459
2025
$25,520
$206,939
$232,459
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,112
$232,459

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Fha
$225,792
Yes
First
May 16, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,154
$14,846
6%
94%
$1,354/mo

City: Corpus Christi