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$270,000

NAL Estimated Property Value

3729 Rick Ln, Corpus Christi, TX, 78418

$351,000 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,350 Sq Ft
price_per_sqft$100 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Half 5Bathrooms Half 5
AppliancesElectric Oven, Electric Range, Free Standing Range, Refrigerator, Range Hood, Multiple Water Heaters
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesOther
Lot Size11,848 sqft

Building Information

Garage Spaces2

Land Information

APN0530-0004-0061
Lot Number6
SubdivisionBayside Acres #2
Land UseSingle Family Residential
Legal DescriptionBAYSIDE ACRES #2 UNDIV INT IN BLK 4 LOT 6-B
Census Tract003101
Assessed Land Value$46,327
Assessed Improvement Value$199,205
Assessment Year2023

About this property

Welcome to this unique and spacious 5-bedroom, 5-bathroom home located on an oversized lot in a peaceful neighborhood near the Laguna Madre. Upstairs features a 3-bedroom, 3-bathroom layout with a kitchen, dining room, and laundry room, offering comfortable living spaces. Downstairs, a handicap-accessible 2-bedroom, 2-bathroom unit with a kitchen and dining room awaits, with laundry facilities conveniently located in the garage. This property presents the opportunity for potential income generation, allowing you to live on one floor while renting out the other. The property is being sold as-is. While the upstairs unit may require a bit of TLC, this property has endless potential for a variety of living arrangements and investment opportunities.

Investor Tools

Property Icon
$270,000
Estimated Property Value
$0Estimated Mortgage Balance
$270,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$351,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$245,532
2023
$46,327
$199,205
$245,532
No

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$270,000
100%
0%
$0/mo

City: Corpus Christi

3729 Rick Ln | Property Details | No Agent List