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$350,000

Lots 15A and 16A S Padre Island Drive, Corpus Christi, TX, 78418

On MarketInfo
Baths0 Bath

About this property

Great investment opportunity on North Padre Island which is a rapidly growing area with unlimited opportunities! Lots 15A and 16A are zoned COMMERCIAL and are approximately .68 acres +/- (30,000 sq ft +/-) . The lots have approximately 50 ft of frontage on Park Rd 22 ...main highway that traverses Padre Island. The lots are near the main entrance to the beach (Padre Bali Park), Bob Hall Pier and all the warm waters the gulf has to offer. Boundary lines in the photos are approximate. No survey available. There are two legal descriptions and ID #'s: Padre Island LT 15A BLK 17 ( 612500171510) and Padre Island LT 16A BLK 17 (612500171610). There are no utilities. Potential buyers can contact City Development Services Admin in Land Development/ Developmental Services Dept. for information regarding utilities.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

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

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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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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Lots 15A and 16A S Padre Island Drive | Property Details | No Agent List