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$228,000

NAL Estimated Property Value

4109 Elvira Dr, Corpus Christi, TX, 78416

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths3,052 Sq Ft
price_per_sqft$50.79 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesElectric Oven, Electric Range, Free Standing Range, Refrigerator, Range Hood
FlooringTile, Vinyl

Exterior

Lot Size6,360 sqft

Building Information

Year Built1985
Stories2
Roof Type105

Land Information

APN5280-0004-0016
Lot Number1C
SubdivisionMolina
Land UseResidential
Legal DescriptionMOLINA BLK 4 LOT 1C
Census Tract001704
Assessed Land Value$6,336
Assessed Improvement Value$147,622
Assessment Year2025

About this property

Great investment property with cash flow. This is the triplex and all units are 2 bedrooms, 1 and 1/2 baths. Each unit is approximately 1017 ft.². Tile and vinyl plank flooring. Central air and heat. Each tenant pays $1,125 per month. Units A and C are rented. Unit B is vacant and available to view. Each unit has washer and dryer connections. Private patios.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$145,981Estimated Mortgage Balance
$82,392Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,435
$153,958
2025
$6,336
$147,622
$153,958
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,435
$153,958

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$180,000
No
First
May 17, 2017
May 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,981
$82,019
35%
64%
$1,080/mo

City: Corpus Christi

4109 Elvira Dr | Property Details | No Agent List