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$45,000

5124 Thomas Dr, Corpus Christi, TX, 78407

$58,500 ARVInfo
On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,288 Sq Ft
price_per_sqft$34.94 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
FlooringOther

Exterior

Exterior FeaturesOther
Lot Size11,238 sqft

Building Information

Year Built1948
Roof Type105

Land Information

APN9579-0001-0180
Lot Number18
SubdivisionWhelan
Land UseResidential
Legal DescriptionWHELAN ADD LT 18 BK 1
Census Tract000700
Assessed Land Value$33,750
Assessed Improvement Value$70,752
Assessment Year2025

About this property

Great corner location on Navigation Blvd. for a rehab and rent project or clear the lot and build new. Also available are a Duplex on 0.26 acre at 5108 Thomas Dr. (MLS#481284) and 0.38 acre lot at 5101 Margaret Ave. (MLS#481286)

Investor Tools

$0Estimated Mortgage Balance
$121,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$58,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$726 /month
Positive
Cash Flow Estimate:
$242 /month

Interested in this property?

Tony Keith

Mr. Real Estate & Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,966
$104,502
2025
$33,750
$70,752
$104,502
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,966
$104,502

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$121,000
100%
0%
$0/mo

City: Corpus Christi