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$399,900

6510 Philmont Lake Drive, Corpus Christi, TX, 78414

PendingInfo
Beds3 Beds
Baths3 Bath
Baths2,198 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.94 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Gas Cooktop, Disposal, Microwave, Range Hood
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size7,710 sqft

Building Information

Year Built2005
Roof Type105
Garage Spaces2

Land Information

APN1597-0003-0030
Lot Number3
SubdivisionCimarron Lake Estates
Land UseResidential
Legal DescriptionCIMARRON LAKE ESTATES BLK 3 LOT 3
Census Tract005414
Assessed Land Value$77,000
Assessed Improvement Value$287,927
Assessment Year2025

About this property

Video tour available. Don’t forget to watch it! New roof!! Hydrostatic and foundation already passed inspection. Move-in ready. Set within a secure gated community, residents enjoy a community pool and a scenic walking path that wraps around a peaceful manmade lake—perfect for morning strolls or evening unwinding. Major improvements, including a new roof, fresh interior paint, new carpet in all bedrooms, select updated lighting and finishes throughout, offer comfort, style, and peace of mind. The heart of the home features a thoughtfully upgraded kitchen with a new countertop stove, dishwasher, microwave, sink, faucet, and stylish backsplash, opening effortlessly to a breakfast bar, formal dining room with new vinyl plank flooring, and a sunny breakfast nook. The living area is anchored by a cozy fireplace enhanced with a custom backsplash, creating a warm and inviting gathering space. A conveniently located half bath just off the living area adds comfort and ease for guests. The spacious primary suite provides a relaxing retreat with a new soaking tub, quartz countertops, updated plumbing fixtures, and private access to the covered back porch. The second full bathroom has been similarly updated with new quartz counters and fixtures. A flexible bonus room with custom shelving adds versatility, completing a home designed for easy living, thoughtful upgrades, and an elevated​​‌​​​​‌​‌​​​‌‌​​​‌‌‌​​‌​​‌‌​​​​ lifestyle.

Investor Tools

$289,273Estimated Mortgage Balance
$106,727Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,016
$364,927
2025
$77,000
$287,927
$364,927
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,016
$364,927

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Bank Lexington
Unknown
$292,250
No
First
Oct 21, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,273
$106,727
26%
73%
$1,753/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$1,938/mo
$-8/mo
5.8%

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.

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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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6510 Philmont Lake Drive | Property Details | No Agent List