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$229,000

5642 Lipes Blvd Unit 4, Corpus Christi, TX, 78414

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,575 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$145.4 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave
FlooringLuxury Vinyl Plank

Exterior

Exterior FeaturesRain Gutters
Lot Size5,532 sqft

Building Information

Year Built1997
Roof Type105
Garage Spaces2

Land Information

APN0436-0000-0040
SubdivisionBarclay Cove Townhomes
Land UseResidential
Legal DescriptionBARCLAY COVE TOWNHOMES, UNIT 4, 4.55% COMMON AREA INTEREST
Census Tract005415
Assessed Land Value$26,187
Assessed Improvement Value$189,210
Assessment Year2025

About this property

Welcome to effortless living in the highly sought-after Barclay Cove, a private gated community on Corpus Christi's desirable Southside. Ideally located just minutes from H-E-B, premier shopping, restaurants, and everyday conveniences, this beautifully maintained one-story townhome offers the perfect blend of comfort, style, and low-maintenance living. From the moment you step inside, you'll appreciate the soaring ceilings, abundant natural light, and the pride of ownership that makes this home show like a professionally designed model. Beautiful tile flooring flows throughout the main living areas, creating a warm and timeless feel, while fresh interior paint gives the home a crisp, move-in-ready finish. The thoughtfully designed floor plan features two spacious dining areas, making it ideal for entertaining guests or enjoying everyday meals. The inviting living room is centered around a cozy gas fireplace, creating the perfect place to relax and unwind. An intercom that still works adds a unique touch, allowing you to enjoy music and radio stations throughout the home. The spacious primary suite serves as a private retreat with generous closet space and a beautifully remodeled bathroom, updated approximately five years ago, featuring a large walk-in shower and timeless finishes. This home has been exceptionally maintained, including biannual HVAC servicing and the addition of an ultraviolet air purification system in the HVAC for enhanced indoor air quality and peace of mind. Enjoy your morning coffee or evening gatherings in the screened-in covered patio, offering a peaceful outdoor living space protected from the elements. Additional highlights include plantation shutters throughout, a storm door, sprinkler system, and numerous quality upgrades that make this home truly stand out. If you're looking for a meticulously cared-for townhome in one of the Southside's most desirable gated communities, this is the one.

Investor Tools

$47,512Estimated Mortgage Balance
$168,488Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

Interested in this property?

James Sandoval

Prime Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,092
$215,397
2025
$26,187
$189,210
$215,397
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,092
$215,397

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gulf Coast Fcu
Unknown
$148,410
No
First
Dec 29, 2014
Jan 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,512
$168,488
78%
22%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$375/mo
+$1,555/mo
10.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5642 Lipes Blvd Unit 4 | Property Details | No Agent List