Last 24 Hours
$550,000
5625 Ocean Dr, Corpus Christi, TX, 78412
On Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size27,486 sqft
Land Information
APN5953-0004-0040
Lot Number4
SubdivisionOcean Drive
Land UseResidential
Legal DescriptionOCEAN DR LT 4 BK 4
Census Tract002705
Assessed Land Value$321,750
Assessment Year2025
About this property
Build your dream home with a beautiful Ocean Drive water view on just over half an acre in an established neighborhood! Bring your own builder and create the custom home you’ve been envisioning, all while enjoying close proximity to hospitals, schools, and everything downtown Corpus Christi has to offer. A rare opportunity to secure a spacious homesite in one of Corpus Christi’s most desirable areas.
Investor Tools
$0Estimated Mortgage Balance
$321,750Estimated 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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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,844
$321,750
2025
$321,750
N/A
$321,750
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,844
$321,750
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$321,750
100%
0%
$0/mo
12.4%