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Days165Days on Market
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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

Property Icon
$434,895
Estimated Property Value
$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

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 701 | Property Details | No Agent List