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$501,000

NAL Estimated Property Value

3242 Catcay Dr, Corpus Christi, TX, 78418

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths1,753 Sq Ft
price_per_sqft$313.75 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Range
FlooringLaminate

Exterior

Exterior FeaturesDeck
Lot Size12,720 sqft

Building Information

Year Built1965
Roof Type105
Garage Spaces2

Land Information

APN8846-0005-0010
Lot Number1
SubdivisionTropic Isles
Land UseResidential
Legal DescriptionTROPIC ISLES BLK 5 LOT 1
Census Tract003101
Assessed Land Value$116,479
Assessed Improvement Value$236,027
Assessment Year2025

About this property

This is your dream coastal retreat! Nestled in a prime location on the main canal, this completely renovated waterfront gem has 150 linear feet of serene canal frontage—a rare find offering the ultimate in outdoor living and breathtaking views. Inside, the open-concept layout features a chef’s kitchen with a large island, granite countertops, open shelving, and a gas stove. The primary suite is a true retreat with updated designer colors, slate flooring, and views of the canal. The spa-inspired primary bathroom includes a soaking tub, modern finishes, and an impressive walk-in closet. You'll love the climate-controlled garage which includes insulated doors and split A/C, making it perfect for hobbies or a year-round workshop. An additional garage door opens directly to the backyard for easy access to your waterfront gear. Enjoy the recently added oversized deck, ideal for entertaining and relaxing. This home checks every box for luxury waterfront living—schedule your private tour today and discover what makes this canal front property truly one of a kind.

Investor Tools

Property Icon
$501,000
Estimated Property Value
$352,837Estimated Mortgage Balance
$148,163Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$638/month
$305/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,154
$352,506
2025
$116,479
$236,027
$352,506
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,154
$352,506

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$357,000
No
First
Aug 15, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$352,837
$148,163
29%
70%
$2,141/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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3242 Catcay Dr | Property Details | No Agent List