$2,300,000
6002 Parkway Drive, Corpus Christi, TX, 78414
On Market
Highlights
Interior
Exterior
Lot Size2.87 acres
Land Information
APN2329-0003-0010
Lot Number1B
SubdivisionThe Esplanade Unit 1
Land UseCommercial
Legal DescriptionTHE ESPLANADE UNIT 1 LT 1B BLK 3
Census Tract003306
Assessed Land Value$1,498,847
Assessment Year2025
About this property
6002 Parkway dr is a hard corner lot with granted drive-way access to Parkway and Wooldridge Rd. The Lot is fully platted and development ready. The property is located within the South Side Medical district and sits in the shadows of Christus Spohn. Many premier medical operations such as South Texas Surgical Center, Davita and Fresenius reside next door to the property.
Investor Tools
$1,440,353Estimated Mortgage Balance
$58,494Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,800 /month
Positive
Cash Flow Estimate:
$4,600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,341/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$32,594
$1,498,847
2025
$1,498,847
N/A
$1,498,847
No
Tax History
Year
Tax Paid
Assessed Value
2024
$32,594
$1,498,847
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Credit Line (Revolving) / Heloc
$1,684,900
No
First
Feb 4, 2019
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,440,353
$58,494
3%
96%
$10,102/mo
