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$1,199,831

NAL Estimated Property Value

3845 Ocean Dr, Corpus Christi, TX, 78411

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,387 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$296.1 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available

Exterior

Lot Size33,106 sqft

Building Information

Year Built1950
Stories2
Roof Type105
Garage Spaces686

Land Information

APN3658-0002-0110
Lot Number11
SubdivisionHyde Park
Land UseResidential
Legal DescriptionHYDE PARK BLK 2 LOT 11
Census Tract002500
Assessed Land Value$728,200
Assessed Improvement Value$471,631
Assessment Year2025

About this property

This magnificent property is situated on 3/4 of an acre on Ocean Drive with stunning, unobstructed Bay views. This elegant updated 4 bedroom, 4.5 bath home blends traditional style with modern updates. Featuring two large living spaces with a separate dining area. The chef’s kitchen with quartzite countertops, center island, built-in Sub-Zero refrigerator, and Thermador gas cooktop and stove is designed for luxury. The primary suite offers panoramic bay views and dual baths with extensive closet space. The resort-style yard is amazing and boasts lush landscaping, a large greenhouse, fruit trees, and a magnificent water feature. This home is enhanced by beautiful crown molding, hardwood floors, a tankless water heater, hurricane proof windows, an electric gate, and a 3-car garage. The decorative wrought iron front door allows light to enter and provides a spectacular view of the bay. This home is ready for you to host unforgettable gatherings.

Investor Tools

Property Icon
$1,199,831
Estimated Property Value
$881,910Estimated Mortgage Balance
$317,921Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,794 /month
Positive
Cash Flow Estimate:
$2,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,865/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,382
$1,199,831
2025
$728,200
$471,631
$1,199,831
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,382
$1,199,831

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$895,000
No
First
Jun 4, 2025
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$881,910
$317,921
26%
74%
$5,366/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.

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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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3845 Ocean Dr | Property Details | No Agent List