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$887,000

5249 Ocean Dr, Corpus Christi, TX, 78412

$998,813 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,168 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.87 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available

Exterior

Private PoolPrivate Pool
Lot Size15,202 sqft

Building Information

Year Built1959
Stories2
Roof Type105
Garage Spaces561

Land Information

APN5288-0002-0010
Lot Number1R
SubdivisionMontclair
Land UseResidential
Legal DescriptionMONTCLAIR BLK 2 LOT 1RR
Census Tract002705
Assessed Land Value$334,070
Assessed Improvement Value$549,397
Assessment Year2025

About this property

Luxury living on the prestigious Ocean Drive! Discover unparalleled elegance in this 4 bedroom 4.5 bathroom masterpiece, offering breathtaking , unobstructed water views. Large windows flood the open- concept living spaces with natural light, seamlessly blending indoor and outdoor living. The gourmet kitchen boasts stainless steel appliances and a spacious breakfast bar and the primary suite offers panoramic views, a spa-like bath and a private terrace to watch the sunrise over the water. You'll also have the luxury to enjoy your outdoor and entertainment spaces with a gorgeous tiled inground pool with a large outdoor lounge and dining area. Situated in the heart of Ocean Drive, this exceptional home is just minutes from downtown, dining, shopping and entertainment. It's more than a home-its a lifestyle.

Investor Tools

Property Icon
$887,000
Estimated Property Value
$1,440,000Estimated Mortgage Balance
$0Estimated Equity
-62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$998,813
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,811/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,296
$883,467
2025
$334,070
$549,397
$883,467
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,296
$883,467

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$1,440,000
No
First
Mar 20, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,438,729
N/A
0%
162%
$9,216/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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5249 Ocean Dr | Property Details | No Agent List