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Owner Contacts

$163,000

823 S Water Street 5C, Corpus Christi, TX, 78401

$169,051 ARV

Off Market

1 Beds

1 Bath

1,137 Sq Ft

Condos / Townhouses

$145.12 / sqft

Built in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Exterior

Lot Size653 sqft

Building Information

Year Built1962

Roof Type172

Land Information

APN2653-0001-0653

SubdivisionExecutive House Condo

Land UseResidential

Legal DescriptionEXECUTIVE HOUSE CONDO, UNIT 5C, 2% COMMON AREA INTEREST

Census Tract001201

Assessed Land Value$8,281

Assessed Improvement Value$96,121

Assessment Year2025

About this property

Super cute 5th floor unit in Executive House. Large open living dining room with floor to ceiling windows. Built in bookcase in the dining room to display all of your favorite artwork, glassware, pictures, etc. Dining room can accommodate a large gathering. Adjacent living room is a great space with plenty of room for a variety of different styles of furniture. Very efficient kitchen with underlit cabinetry, good storage, and a pantry. Large bedroom with tons of closet space and an additional storage closet. Bathroom is spacious with pretty tub/shower combination and linen closet. There are also 2 closets in the living/dining area. Additional storage in the garage adjacent to your garage parking spot. Great location! Walk across the street to Water's Edge park & the beach. Quick walk to Brewery, fitness gym, Cole Park & everything that downtown Corpus Christi has to offer. Easy access to I-37, Portland, SPID. $800 HOA includes: Water, sewer, trash, electricity, and cable.

Investor Tools

$163,000

Estimated Property Value

$0Estimated Mortgage Balance

$163,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$169,050

Rent-to-Value Ratio: 0.72%

Rent Estimate

$990 /month

Positive

Cash Flow Estimate:

$330 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$333/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,181

$104,402

2025

$8,281

$96,121

$104,402

Tax History

Year

Tax Paid

Assessed Value

2024

$3,181

$104,402

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$163,000

100%

$0/mo

Learn About the Market: Opportunity in Texas

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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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