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Days20Days on Market
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$220,000

$235,000

702 Drexel Dr, Corpus Christi, TX, 78412

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.71 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDouble Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Refrigerator, Range Hood
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size9,322 sqft

Building Information

Year Built1959
Roof Type105
Garage Spaces2

Land Information

APN1997-0022-0180
Lot Number18
SubdivisionCullen Place #4
Land UseResidential
Legal DescriptionCULLEN PLACE #4 BLK 22 LOT 18
Census Tract002705
Assessed Land Value$15,815
Assessed Improvement Value$154,315
Assessment Year2025

About this property

Locatoin, location, location! Tucked in the highly desirable Bay Area of Corpus Christi, this 3-bedroom, 2-bath home combines timeless charm with an exceptional location. Lots of natural light, the bright and inviting interior offers two spacious living areas and one dining area. Warm details throughout the home include built in shelves and cases and brick accent walls. The bright kitchen has double ovens, wood cabinetry, cooktop with vent hood and ample storage. The tiled and paneled bathroom walls have updates, walk-in shower and pedestal sink. Outside, front and back, are beautiful, mature trees and landscaping with the large back yard having a covered patio perfect for relaxing and cookouts and located on a large, corner lot with convenient side entry garage. Located just one block from Airline and Alameda and minutes from Cullen schools, shopping, dining, and scenic Ocean Drive, this Bay Area home offers the perfect blend of comfort and convenience.

Investor Tools

Property Icon
$185,000
Estimated Property Value
$55,600Estimated Mortgage Balance
$139,338Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$105/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$331
$170,130
2025
$15,815
$154,315
$170,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$331
$170,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Small Business Admin
Sba Participation Trust Deed
$55,600
No
First
Nov 18, 2017
Nov 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,888
$138,112
75%
25%
$334/mo

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.

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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702 Drexel Dr | Property Details | No Agent List