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$430,000

NAL Estimated Property Value

1000 PADRE BLVD. 231, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,008 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$426.59 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size2,431 sqft

Building Information

Year Built1980
Stories1
Roof Type114

Land Information

APN67-7800-2310-0030-00
Lot Number7,AN
SubdivisionSunchase Condominiums
Land UseResidential
Legal DescriptionSO PADRE IS- SUNCHASE CONDOS APT 231 BLDG C PADRE ISLAND UNSUBD LOT AN-7 BLK A
Census Tract012305
Assessed Land Value$148,029
Assessed Improvement Value$274,413
Assessment Year2025

About this property

Virtual Tours - bit.ly/scbf231 Sit on your balcony & enjoy stunning views of the Gulf of Mexico! This condo is selling fully furnished, ready for you to start enjoying the beach life! The large open concept living/dining/breakfast area is perfect for entertaining family & friends. This floorplan has a vaulted ceiling with skylights that adds to the spacious feel. A wall of floor-to-ceiling windows offering a view of the ocean. Kitchen features granite countertops, stainless steel appliances. Baths have granite counters & custom-tiled showers. Plenty of storage - pantry, hall closet, & walk-in closets in both bedrooms. Amenities include 2 pools, tennis, gym, racquetball, sauna, all in a beautifully landscaped beachfront setting.

Investor Tools

Property Icon
$430,000
Estimated Property Value
$0Estimated Mortgage Balance
$430,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$778/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,184
$422,442
2025
$148,029
$274,413
$422,442
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,184
$422,442

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$430,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
N/A
+$1,300/mo
3.6%

City: SOUTH PADRE ISLAND

1000 PADRE BLVD. 231 | Property Details | No Agent List