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$237,000

NAL Estimated Property Value

509 Parade Dr, Corpus Christi, TX, 78412

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,607 Sq Ft
price_per_sqft$148.66 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Refrigerator, Range Hood
FlooringCeramic Tile, Laminate, Tile

Exterior

Exterior FeaturesStorage
Lot Size10,629 sqft

Building Information

Year Built1955
Roof Type105
Garage Spaces2

Land Information

APN6310-0002-0140
Lot Number14
SubdivisionParade Place
Land UseResidential
Legal DescriptionPARADE PLACE LT 14 BK 2
Census Tract002705
Assessed Land Value$18,107
Assessed Improvement Value$198,554
Assessment Year2025

About this property

Charming and light-filled home located in a desirable central neighborhood. Plantation shutters and abundant natural light create a warm, inviting atmosphere throughout. The home offers approximately 1,667 sq ft, plus an additional 277 sq ft from an enclosed patio currently used as a second living area complete with heat and A/C—perfect for relaxing or entertaining. The beautiful kitchen features appliances, including double ovens, installed approximately 8 years ago and lightly used as this was a second home for the sellers. The interior was freshly repainted this year, and the roof is approximately 3 years old. Step outside to a huge backyard with a convenient storage shed and an adorable side patio just off the main living area—ideal for enjoying quiet mornings or evening gatherings. Recent improvements completed prior to listing include a partial new fence, replacement of the ceiling in the second living area for improved aesthetics, new flooring in the utility room, and replacement of damaged siding. The home has also been maintained on a termite treatment plan. With its wonderful floor plan, thoughtful updates, and welcoming charm, this home is one you’ll truly fall in love with.

Investor Tools

Property Icon
$237,000
Estimated Property Value
$104,010Estimated Mortgage Balance
$133,347Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,433 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,771
$216,661
2025
$18,107
$198,554
$216,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,771
$216,661

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$109,876
No
First
Jun 5, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,010
$132,990
56%
44%
$659/mo

City: Corpus Christi

509 Parade Dr | Property Details | No Agent List