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24475 La Ponderosa Dr, Mathis, TX, 78368

4beds
3baths
5,164sqft
$415,000
$80price/sqft
$3,016/moest. monthly cost
$120,640/yrincome needed

About This Home

Investor opportunity on Lake Corpus Christi, now offered as a short sale with exceptional upside potential. This multi level waterfront property delivers a rare chance to secure a spacious home with expansive lake views at a compelling price point. The main living level welcomes you with an open concept design, soaring ceilings, and a dramatic wall of windows that captures the beauty of the lake. The kitchen is built for both function and entertaining, featuring generous counter space, abundant storage, and a gas range. The primary suite is conveniently located on the main level, and the home includes an elevator that needs service, along with ADA friendly features such as widened doorways and a ramped garage entry. The lower level offers a fully equipped secondary living space with its own kitchen, dining area surrounded by windows, theater room, bedroom, bathroom, additional sitting area, and storage, making it ideal for multi generational living or rental potential. Step outside to a covered patio or head up to the elevated deck to take in sweeping lake views and coastal sunsets. The private fishing pier and community dock are currently out of the water, presenting an opportunity for future improvement and added value. This property is being sold as is and is ideal for investors or buyers ready to capitalize on a unique waterfront opportunity.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

5/10
3/10
Mathis Middle SchoolGrades 6-84.1 mi
4/10
Mathis High SchoolGrades 9-123.9 mi

Construction

Condition

  • Year built: 2004

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Oven,Gas Range,Range Hood
  • Laundry features: Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Cathedral Ceiling(s),Handicap Access,Home Office,Open Floorplan,Window Treatments,Kitchen Island
  • Window features: Window Coverings
  • Flooring: Other,Tile,Vinyl
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,164
  • Total interior livable area: 5,164 sqft

Property

Accessibility

  • Accessibility features: Accessible Full Bath,Accessible Bedroom,Accessible Closets,Accessible Elevator Installed,Accessible Kitchen,Accessible Central Living Area,Accessible Approach with Ramp,Visitor Bathroom,Accessible Doors,Accessible Entrance,Accessible Hallway(s)

Details

  • Parcel number: 51282
  • Special condition: Short Sale

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Deck
  • Exterior features: Deck,Dock
  • Fencing: None
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Lake,Beach Front

Lot

  • Lot size: 0.58 Acres
  • Features: Beach Front

Parking

  • Total spaces: 3
  • Parking features: Concrete,Front Entry,Garage,On Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Drought
    DroughtRelatively High
  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Drought
Hurricane
Inland Flooding
Tornado
Hail
Heat Wave
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,098$25,176
Home Insurance *$230$2,760
Property Taxes $121$1,452
Electricity $567$6,804
Total$3,016$36,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,405/yr
40% on housing$90,480/yr
45% on housing$80,426/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 1.8%
1.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$80This listing

vs Other Active Listings

Avg $/sqft

ZIP 78368$151
San Patricio County$150

vs Homes Sold Last Month

Median $/sqft

ZIP 78368
San Patricio County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Price change$415,000
2026-02-27Listed for sale$432,600
2025-08-15Listing removed$454,999
2025-07-09Price change$454,999
2025-06-20Price change$484,999
2025-05-03Price change$494,999
2025-03-21Price change$499,999
2024-11-15Price change$539,000
2024-10-15Price change$549,000
2024-09-19Price change$565,000
2024-08-16Listed for sale$615,000
2010-11-29Listing removed$449,000
2009-12-24Listed for sale$449,000
2008-11-01Listing removed$440,521
2008-01-18Listed for sale$440,521

For Sale by Agent

AgentAlyssa King
BrokerageCorpus Christi Realty Group

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