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$424,900

7609 Freds Folly Dr, Corpus Christi, TX, 78414

$428,245 ARVInfo
On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,079 Sq Ft
price_per_sqft$138 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size7,797 sqft

Building Information

Year Built2009
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7109-0003-0170
Lot Number17
SubdivisionRancho Vista Unit 4
Land UseResidential
Legal DescriptionRANCHO VISTA UNIT 4 BLK 3 LOT 17
Census Tract005417
Assessed Land Value$50,700
Assessed Improvement Value$490,184
Assessment Year2025

About this property

RARE...Lakefront value with room to grow! This spacious two-story home offers a rare combination of six bedrooms, three and a half baths, three living areas, and two dining spaces in a desirable Corpus Christi waterfront setting. Finding a six-bedroom lakefront home at this price point is uncommon, making this property an outstanding opportunity for buyers seeking size, location, and value. Step inside to discover tall ceilings, abundant natural light, and a versatile floor plan designed for comfortable living and entertaining. The main level features multiple gathering spaces including formal living and dining areas, plus a large living room overlooking the backyard and water views. The kitchen offers granite countertops, an island, breakfast bar, stainless steel appliances, generous cabinet space, and a functional layout that opens nicely to the breakfast area and living space. The downstairs primary suite provides privacy and comfort, while upstairs offers five additional bedrooms, two full baths, and a flexible landing area ideal for a home office, study space, or second living area. Outdoor features include a covered patio, cedar pergola, detached storage building, mature trees, and relaxing lake views from the rear of the property. An added bonus: the home includes solar panels that will convey with the sale at no additional expense to the buyer. Enjoy the potential benefits of improved energy efficiency and long-term utility savings from day one. Priced at just $434,900, this home stands out as one of the better values in the area considering the lakefront setting, expansive square footage, included solar panels (Will be Paid of at Closing), and rare six-bedroom layout. A unique opportunity to own a spacious waterfront home with tremendous upside in a sought-after location.

Investor Tools

$362,727Estimated Mortgage Balance
$180,338Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$428,244
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,245 /month
Positive
Cash Flow Estimate:
$1,082 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$883/month
$697/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$540,884
2025
$50,700
$490,184
$540,884
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$540,884

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Va
$405,000
Yes
First
Nov 3, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,727
$178,157
32%
67%
$2,429/mo

City: Corpus Christi

7609 Freds Folly Dr | Property Details | No Agent List