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$383,000

1000 Padre Blvd # 218, SOUTH PADRE ISLAND, TX, 78597

$395,174 ARVInfo
Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths975 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$394.87 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Half 1Bathrooms Half 1

Exterior

Lot Size688 sqft

Building Information

Year Built1984
Stories1

Land Information

APN67-7810-0218-0000-00
Lot Number7,AN
SubdivisionSunchase Iv Condominiums
Land UseResidential
Legal DescriptionSO PADRE IS - SUNCHASE IV CONDO UNIT 218 PADRE ISLAND UNSUBD LOT AN-7 BLK A 2.859 ACRES
Census Tract012305
Assessed Land Value$24,737
Assessed Improvement Value$327,065
Assessment Year2025

About this property

Discover coastal living at its finest in this spacious third-floor 1-bedroom, 1-bath unit at the Sunchase Resort, located on beautiful South Padre Island. With nearly 1,000 square feet of living space and high ceilings, this unit feels bright and open, perfect for relaxing or entertaining. The unit coveys with stainless steel appliances, and a stackable washer & dryer, and a brand new AC. Enjoy access to a wide array of resort-style amenities, including pools, hot tubs, a fitness center, and tennis courts. Just steps from the beach, this unit offers the perfect blend of luxury and convenience, making it an ideal vacation home plus investment property.

Investor Tools

Property Icon
$383,000
Estimated Property Value
$0Estimated Mortgage Balance
$383,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$395,173
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,983
$351,802
2025
$24,737
$327,065
$351,802
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,983
$351,802

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$383,000
100%
0%
$0/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: SOUTH PADRE ISLAND

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1000 Padre Blvd # 218 | Property Details | No Agent List