$309,000
7013 Madiera Dr, Corpus Christi, TX, 78414
On Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDishwasher, Microwave, Refrigerator, Range Hood
FlooringCarpet, Tile
Exterior
Lot Size6,752 sqft
Building Information
Year Built2003
Roof Type105
Garage Spaces2
Land Information
APN9099-0001-0460
Lot Number46
SubdivisionThe Vineyards Unit 2
Land UseResidential
Legal DescriptionTHE VINEYARDS UNIT 2 LT 46 BLK 1
Census Tract005404
Assessed Land Value$30,420
Assessed Improvement Value$250,047
Assessment Year2025
About this property
Welcome to this gorgeous neighborhood! Terrific home with a double car garage. Enjoy preparing meals in this impressive kitchen equipped with white cabinets, stainless steel appliances, tiled-backsplash, and generous counter space. Entertaining is a breeze with this great floor plan complete with a cozy fireplace. A luxurious primary suite, complete with a walk-in closet, and a private bathroom.
Investor Tools
$184,524Estimated Mortgage Balance
$98,476Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$631/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,161
$280,467
2025
$30,420
$250,047
$280,467
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,161
$280,467
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$198,375
No
First
Nov 11, 2022
Dec 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,524
$98,476
34%
65%
$1,190/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$1,190/mo
+$740/mo
8.2%
