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$256,823

NAL Estimated Property Value

485 University Dr, Corpus Christi, TX, 78412

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,551 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.19 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available

Exterior

Lot Size10,803 sqft

Building Information

Year Built1954
Roof Type105
Garage Spaces1252

Land Information

APN8969-0002-0010
Lot Number1
SubdivisionUniversity Place
Land UseResidential
Legal DescriptionUNIVERSITY PLACE BLK 2 LOT 1
Census Tract002705
Assessed Land Value$59,345
Assessed Improvement Value$197,478
Assessment Year2025

About this property

3 bedroom, 3 bathroom, 2 car garage. 2 bedrooms with attached bathrooms. One bedroom has private sitting area , extra large walk in closet, built-ins and private outside entrance. Furnished kitchen with dishwasher, refrigerator, stove, microwave plus a pantry. Fully privacy fenced back yard. Window blinds thru out. Ceiling fans in all bedrooms. Tons of closet and cabinet storage. Yard mowing is included in lease. Washer and dryer hook ups.

Investor Tools

Property Icon
$256,823
Estimated Property Value
$46,883Estimated Mortgage Balance
$209,940Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,541 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,908
$256,823
2025
$59,345
$197,478
$256,823
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,908
$256,823

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wr Starkey Mortgage Llp
Conventional
$60,000
No
First
Jan 26, 2016
Feb 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,883
$209,940
81%
18%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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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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485 University Dr | Property Details | No Agent List