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$362,000

525 Poenisch Dr, Corpus Christi, TX, 78412

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,959 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$90.13 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace

Exterior

Lot Size10,454 sqft

Building Information

Year Built1982
Roof Type105

Land Information

APN6311-0003-0130
Lot Number13
SubdivisionParade Place #2
Land UseSingle Family Residential
Legal DescriptionPARADE PLACE #2 BLK 3 LOT 13
Census Tract002705
Assessed Land Value$17,811
Assessed Improvement Value$237,304
Assessment Year2025

About this property

With a little TLC, this is a perfect investment opportunity, or make it your forever home! This spacious home comes complete with 5 bedrooms, 3 baths, an open floor plan, large den in back of house, and an option suite, with its very own entrance. The kitchen/breakfast combo offers lots of cabinetry and storage space. Master suite with walk in closet, double sinks, separate shower, and jet tub. Located within a short walk to the ocean, and down the street from a public golf course! Nearby local schools, shopping, and recreational areas. Call your agent today for more information.

Investor Tools

Property Icon
$362,000
Estimated Property Value
$200,800Estimated Mortgage Balance
$172,899Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$626/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,706
$255,115
2025
$17,811
$237,304
$255,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,706
$255,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vontive Inc
Commercial
$200,800
No
First
Mar 7, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,101
$73,899
28%
52%
$1,204/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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525 Poenisch Dr | Property Details | No Agent List