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$575,000

1000 PADRE BLVD. 322, SOUTH PADRE ISLAND, TX, 78597

$640,229 ARVInfo
On MarketInfo
Beds2 Beds
Baths1,624 Sq Ft
price_per_sqft$354.06 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
AppliancesDryer, Washer, Electric Water Heater
FlooringCarpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size993 sqft

Building Information

Year Built1984
Stories1

Land Information

APN67-7810-0322-0000-00
Lot Number7,AN
SubdivisionSunchase Iv Condominiums
Land UseResidential
Legal DescriptionSO PADRE IS - SUNCHASE IV CONDO UNIT 322 PADRE ISLAND UNSUBD LOT AN-7 BLK A 2.859 ACRES
Census Tract012305
Assessed Land Value$35,825
Assessed Improvement Value$499,251
Assessment Year2025

About this property

Experience coastal living at Sunchase IV in this spacious 2-bedroom, 3-bath residence offering over 1,600 sq ft of living space with granite flooring throughout, one of the larger floorplans in the building. Designed for comfort and privacy, both bedrooms feature en-suite baths while the open living area flows effortlessly toward the expansive balcony where Gulf breezes and sunrise views set the tone for island living. The generous kitchen includes granite countertops, ample cabinetry, and a layout ideal for entertaining after a day at the beach. Sunchase IV offers resort-style amenities including a heated pool, hot tubs, fitness center, sauna, racquetball and tennis courts, and professional on-site management. Located on the gulf side with direct beach access to the sand, dining, and island activities, this residence offers the perfect blend of space, location, and coastal lifestyle.

Investor Tools

$0Estimated Mortgage Balance
$575,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$640,229
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Diana Martinez-Moon

RE/MAX Platinum

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$998/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,099
$535,076
2025
$35,825
$499,251
$535,076
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,099
$535,076

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$575,000
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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