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$550,000

520 S Chaparral Street 701, Corpus Christi, TX, 78401

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,702 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$203.55 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2,265 sqft

Building Information

Year Built1956
Roof Type172

Land Information

APN4057-0001-0701
SubdivisionLa Mer Condo
Land UseResidential Condominium
Legal DescriptionLA MER CONDO UNIT 701 BLDG 1 PLUS 8.9 % INT IN COM AREA
Census Tract006400
Assessed Land Value$27,180
Assessed Improvement Value$407,715
Assessment Year2025

About this property

High above the city on the 7th floor of La Mer Condominiums, this stunning penthouse offers an exceptional blend of luxury, space, and breathtaking views. The open floor plan is designed to maximize light and scenery with panoramic views visible from virtually every room. The living area is truly spectacular, featuring floor to ceiling windows that frame the dramatic views and open to a huge outdoor patio that is perfect for entertaining or simply enjoying the skyline. An elegant dining area flows into the living area and a beautiful wet bar enhances the space making it ideal for hosting gatherings. The amazing kitchen features granite counters, custom cabinetry, stainless appliances including a refrigerator, and a breakfast bar perfect for casual dining. This home offers 3 bedrooms, including a spacious primary suite with an incredible, luxurious bath and a flexible third bedroom is currently used as a sitting area or guest retreat. The powder room is conveniently located for guests and includes the laundry closet with stackable washer and dryer. Two assigned parking places in the covered garage are included. Thoughtful design, and unforgettable views make this penthouse luxury living at its finest in one of the area's most desirable condominiums.

Investor Tools

$0Estimated Mortgage Balance
$434,895Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$962/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,369
$434,895
2025
$27,180
$407,715
$434,895
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,369
$434,895

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$434,895
100%
0%
$0/mo

City: Corpus Christi

520 S Chaparral Street 701 | Property Details | No Agent List