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$240,000

460 Palmetto St, Corpus Christi, TX, 78412

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,750 Sq Ft
price_per_sqft$137.14 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Disposal, Refrigerator, Range Hood
FlooringCarpet, Terrazzo, Tile

Exterior

Exterior FeaturesDeck
Lot Size8,320 sqft

Building Information

Year Built1957
Roof Type105
Garage Spaces2

Land Information

APN5978-0001-0060
Lot Number6
SubdivisionOcean Terrace
Land UseResidential
Legal DescriptionOCEAN TERRACE BLK 1 LOT 6
Census Tract002705
Assessed Land Value$45,782
Assessed Improvement Value$221,885
Assessment Year2025

About this property

Welcome to 460 Palmetto, a home filled with warmth, memories, and timeless charm in Corpus Christi’s desirable Bay Area. This well-loved 3-bedroom, 2-bathroom home offers approximately 1,750 square feet of comfortable living space, ready for its next chapter. From the moment you walk in, you’ll notice the abundance of natural light pouring through the large windows, skylight in living room, and update sliding patio door creating a bright and inviting atmosphere throughout. The spacious layout features multiple living and dining areas, perfect for everyday living or entertaining. The kitchen offers generous cabinet storage and butcher block counter tops for work prep, while the oversized backyard provides endless possibilities—whether it’s hosting gatherings, gardening, or simply enjoying the coastal breeze. Additional highlights include a 2-car garage, great bedroom sizes, and a layout that offers both functionality and flexibility. Located just minutes from Ocean Drive, Texas A&M Corpus Christi, and NAS Corpus Christi, this home combines a prime location with incredible potential.

Investor Tools

$74,606Estimated Mortgage Balance
$193,574Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,606 /month
Positive
Cash Flow Estimate:
$535 /month

Interested in this property?

Amy Curry

Keller Williams Coastal Bend

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$150/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$466
$267,667
2025
$45,782
$221,885
$267,667
No

Tax History

Year
Tax Paid
Assessed Value
2024
$466
$267,667

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Va
$105,700
Yes
First
May 8, 2013
Jun 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,606
$202,394
73%
28%
$0/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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