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$183,000

458 Macleod Dr, Corpus Christi, TX, 78408

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,196 Sq Ft
price_per_sqft$153.01 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesElectric Cooktop
FlooringLaminate

Exterior

Exterior FeaturesOther
Lot Size5,576 sqft

Building Information

Year Built1940
Roof Type105
Garage Spaces400

Land Information

APN7750-0004-0120
Lot Number12
SubdivisionSaxet Hgts #2
Land UseResidential
Legal DescriptionSAXET HTS 2 LT 12 BK 4
Census Tract000601
Assessed Land Value$8,376
Assessed Improvement Value$79,603
Assessment Year2025

About this property

Occupied property on a month to month lease but can do an extension if an investor is looking to expand their portfolio- located in the Saxet Heights #2 subdivision of Corpus Christi. This residence features 3 bedrooms, 1 full bath, 1 half bath, and approximately 1,196 sq ft of living space on a 5,584 sq ft lot. Built in 1940, the property includes a covered front porch, detached garage, and convenient access to nearby Leopard St and surrounding city amenities. This property may be a good opportunity for an investor or buyer looking for a home in an established Corpus Christi area. The property is currently occupied-owner is open to concessions to help close for a loan. Thank you!

Investor Tools

$69,969Estimated Mortgage Balance
$47,031Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,098 /month
Positive
Cash Flow Estimate:
$366 /month

Interested in this property?

Saquib Ahmed

Coldwell Banker Pacesetter Steel

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,370
$87,979
2025
$8,376
$79,603
$87,979
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,370
$87,979

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Simmons Bank
Commercial
$72,000
No
First
Dec 4, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,969
$47,031
40%
60%
$432/mo

City: Corpus Christi

458 Macleod Dr | Property Details | No Agent List