$72,000
4030 Summit Drive, Corpus Christi, TX, 78418
On Market
Just Added
Highlights
Interior
Exterior
Lot Size4,269 sqft
Land Information
APN8533-0002-0030
Lot Number3
SubdivisionSummit Cove
Land UseResidential
Legal DescriptionSUMMIT COVE BLK 2 LOT 3
Census Tract003101
Assessed Land Value$53,071
Assessment Year2025
About this property
Exceptional opportunity to own a scenic piece of land in Flour Bluff with captivating water views. Situated in a peaceful neighborhood just off Laguna Shores, this lot is ideal for building a custom dream home or developing a short-term rental property. Residents will enjoy stunning bay sunrises and unparalleled access to local fishing and watersports. Benefit from the recent major upgrades along Laguna Shores Road. A true haven for the saltwater enthusiast looking to embrace coastal living.
Investor Tools
$38,688Estimated Mortgage Balance
$14,383Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$432 /month
Positive
Cash Flow Estimate:
$144 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$111/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,068
$53,071
2025
$53,071
N/A
$53,071
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,068
$53,071
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rally Cu
Conventional
$40,800
No
First
Aug 18, 2023
Sep 2033
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,688
$14,383
27%
73%
$245/mo
