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$322,415

4526 Megal Dr, Corpus Christi, TX, 78413

$326,701 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,305 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.97 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available

Exterior

Lot Size7,667 sqft

Building Information

Year Built1990
Roof Type105
Garage Spaces470

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
$180,000Estimated Mortgage Balance
$144,514Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$326,700
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
No HOA
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

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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