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$290,000

NAL Estimated Property Value

418 Troy Drive, Corpus Christi, TX, 78412

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,663 Sq Ft
price_per_sqft$174.32 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Free-Standing Range, Disposal, Microwave
FlooringLaminate, Tile

Exterior

Exterior FeaturesGarden, Storage
Lot Size8,320 sqft

Building Information

Year Built1958
Roof Type105
Garage Spaces2

Land Information

APN5978-0003-0120
Lot Number12
SubdivisionOcean Terrace
Land UseResidential
Legal DescriptionOCEAN TERRACE BLK 3 LOT 12
Census Tract002705
Assessed Land Value$45,782
Assessed Improvement Value$180,956
Assessment Year2025

About this property

This is the place where mid-century and modern blend beautifully. In this well-maintained and truly move-in ready home, cozy places await you at every turn. Soothing colors set the tone for this oasis and the flow from the front door to the den and dining and kitchen sets the stage for seamless, modern living. Each area is generous in size and comfort and overlooks a lovely backyard. Gather and entertain as you show off the kitchen renovated in March 2026. Soft sage cabinetry and warm quartzite countertops plus a contrasting moveable island add pops of sophistication. Bright in-ceiling lighting make the fresh stainless steel appliances gleam in a kitchen you will be proud to own. A bonus dry bar/butler’s pantry just off the kitchen stands poised for your convenience. Four bedrooms offer you lots of options! Will you make each someone’s private haven or create an office, playroom, second living area or school room? The primary bedroom is generous and has two closets for your convenience. The fresh and bright recently updated ensuite bath is sleek and sports a shower with stylish tile. The backyard may become your favorite happy place. Want to try your hand at gardening? Six experienced raised beds are ready to go. You’ll have room galore for all your tools and hobbies in the bonus oversized storage shed. Modern ceiling fans help keep you cool and add sophistication. Updated double pane vinyl windows allow lots of sunlight. Extra attic insulation helps cooling and heating costs. This home is in the established Ocean Terrace neighborhood and is a short trip to the ocean where you can play in city parks. Just a short drive to TAMUCC, too. What an awesome place to call home! The bay side lifestyle is waiting for you. Contact your favorite REALTORS® to see this property today.

Investor Tools

Property Icon
$290,000
Estimated Property Value
$103,406Estimated Mortgage Balance
$186,594Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,539
$226,738
2025
$45,782
$180,956
$226,738
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,539
$226,738

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$115,000
No
First
Mar 26, 2021
Apr 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,406
$186,594
64%
36%
$690/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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418 Troy Drive | Property Details | No Agent List