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$195,000

NAL Estimated Property Value

5040 Rockford Drive, Corpus Christi, TX, 78416

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size4.98 acres

Land Information

APN3899-0003-0000
SubdivisionKennedy School Tract
Land UseCommercial
Legal DescriptionKENNEDY SCHOOL TRACT BLK 3
Census Tract001703
Assessed Land Value$195,000
Assessment Year2025

About this property

Welcome to your opportunity to own a sprawling 5-acre parcel of vacant land with RS-6 zoning, ideally situated near West Oso schools and offering seamless access onto State Highway 358. This incredible property is your canvas, a vast expanse of possibility awaiting your vision.

Investor Tools

Property Icon
$195,000
Estimated Property Value
$139,614Estimated Mortgage Balance
$55,386Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,550
$195,000
2025
$195,000
N/A
$195,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,550
$195,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Simmons Bank
Purchase Money Mortgage
$146,250
No
First
Oct 30, 2023
Apr 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,614
$55,386
28%
72%
$877/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.

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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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5040 Rockford Drive | Property Details | No Agent List