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$322,415

NAL Estimated Property Value

4526 Megal Dr, Corpus Christi, TX, 78413

$322,864 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,305 Sq Ft
price_per_sqft$114.97 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size7,667 sqft

Building Information

Year Built1990
Roof Type105
Garage Spaces2

Land Information

APN4137-0007-0110
Lot Number11
SubdivisionThe Lakes Unit 2
Land UseResidential
Legal DescriptionTHE LAKES UNIT 2 BLK 7 LOT 11
Census Tract005409
Assessed Land Value$68,985
Assessed Improvement Value$253,430
Assessment Year2025

About this property

Welcome to 4526 Megal Drive, an incredible opportunity in one of Corpus Christi’s most established and desirable neighborhoods, The Lakes. This property offers the perfect canvas for investors, flippers, or buyers looking to renovate and add their personal touch. With strong bones, a functional layout, and tons of potential, this home is being sold AS IS, and the price reflects the repairs and updates needed. Inside, you'll find a spacious floor plan with generously sized rooms, high ceilings, and multiple living and dining areas that offer endless possibilities for redesign. The home will require cosmetic updates and likely some repairs, but with the right vision, this home could be transformed into something truly special. Whether you're envisioning a full renovation for resale or a long-term hold to build equity, this property has the potential to make it happen. Situated on a good sized lot with mature landscaping and nestled among beautifully maintained homes, 4526 Megal offers both location and opportunity. The Lakes subdivision is known for its curb appeal, winding streets, and community charm making it a desirable destination for homeowners. Properties like this don’t come along often in this neighborhood, especially at this price point. Whether you're an experienced investor or someone ready to roll up your sleeves for a rewarding project, this is your chance to bring your vision to life and make a smart investment in a high-demand area. Don’t miss out on the potential that lies within these walls, schedule a showing today and imagine the possibilities at 4526 Megal Drive.

Investor Tools

Property Icon
$322,415
Estimated Property Value
$177,901Estimated Mortgage Balance
$144,514Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$322,864
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,934 /month
Positive
Cash Flow Estimate:
$645 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$545/month
$106/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,931
$322,415
2025
$68,985
$253,430
$322,415
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,931
$322,415

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Equity Mortgage
Commercial
$180,000
No
First
Aug 13, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,901
$144,514
44%
55%
$1,080/mo

City: Corpus Christi

4526 Megal Dr | Property Details | No Agent List