$950,000
6513 Long Meadow Drive, Corpus Christi, TX, 78413
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Oven, Electric Range
FlooringCeramic Tile, Laminate, Tile
Exterior
Lot Size22,651 sqft
Building Information
Year Built1977
Roof Type105
Garage Spaces200
Land Information
APN1862-0002-0020
Lot Number2-3
SubdivisionCountry Club Estates #18
Land UseResidential
Legal DescriptionCOUNTRY CLUB EST 18 LTS 2 & 3 BK 2
Census Tract005411
Assessed Land Value$68,025
Assessed Improvement Value$487,448
Assessment Year2025
About this property
Fully occupied 7-unit multifamily property featuring a mix of one-bedroom and two-bedroom units, all with long-term tenants in place. This income-producing asset offers a stable rent roll, making it an attractive opportunity for investors seeking a performing property. Located in Corpus Christi with convenient access to major roadways, employment centers, shopping, and dining.
Investor Tools
$351,491Estimated Mortgage Balance
$203,982Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,024/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,513
$555,473
2025
$68,025
$487,448
$555,473
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,513
$555,473
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$360,000
No
First
Mar 21, 2025
Apr 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,491
$203,982
36%
63%
$2,159/mo
