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$114,000

520 S Chaparral Street 204, Corpus Christi, TX, 78401

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,008 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$113.1 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,394 sqft

Building Information

Year Built1956
Roof Type172

Land Information

APN4057-0001-0402
SubdivisionLa Mer Condo
Land UseResidential
Legal DescriptionLA MER CONDOMINIUM APT 402 & 5.5 PERCENT INT IN GEN COMMON ELEM BLDG 1
Census Tract006400
Assessed Land Value$16,800
Assessed Improvement Value$232,915
Assessment Year2025

About this property

Great investment property! Incoming producing , entry level investment, low maintenance! Located on the second floor (unit 204) of the contemporary condo building, La Mer which is situated on bluff with waterviews of beautiful Corpus Christi Bay. Short walk to public beach, city parks, marina, seawall and downtown. Private balcony with views. Convenient access to large pool with BBQ area. Attached parking garage with one parking space and storage room. Main entrance locked for security. Building has laundry room for owners. Quick access to Shoreline Dr, Ocean Drive, I37, Crosstown expressway, hospitals, tourist attractions and popular local restaurants (walking distance). SHORT TERM RENTALS allowed by HOA. Enjoy condo living with sunrises over the bay! Furnace replaced Jan 2025. Furniture and appliances all convey. HOA is $445.50 monthly and additional $96.25 monthly for capital savings. $2431 blanket insurance policy paid annually for windstorm, fire.

Investor Tools

Property Icon
$249,715
Estimated Property Value
$0Estimated Mortgage Balance
$249,715Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,498 /month
Positive
Cash Flow Estimate:
$499 /month

Interested in this property?

Aurora Anne Salinas

Salinas Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$738
$249,715
2025
$16,800
$232,915
$249,715
No

Tax History

Year
Tax Paid
Assessed Value
2024
$738
$249,715

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$249,715
100%
0%
$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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520 S Chaparral Street 204 | Property Details | No Agent List