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$600,000

1000 Padre Blvd Unit 902, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,593 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$376.02 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5

Exterior

Lot Size971 sqft

Building Information

Year Built1984
Stories1
Roof Type114

Land Information

APN67-7810-0902-0000-00
Lot Number7,AN
SubdivisionSunchase Iv Condominiums
Land UseResidential
Legal DescriptionSO PADRE IS - SUNCHASE IV CONDO UNIT 902 PADRE ISLAND UNSUBD LOT AN-7 BLK A 2.859 ACRES
Census Tract012305
Assessed Land Value$35,035
Assessed Improvement Value$539,848
Assessment Year2025

About this property

Experience the best of coastal living at this 9th floor unit at the prestigious Sunchase IV resort. As you enter, you are greeted by the living area featuring floor to ceiling windows with breathtaking views of the Gulf of Mexico. The kitchen features a large kitchen island with granite countertops and plenty of storage. The large rear balcony offers unparalleled views and sounds of the beach waves. On the second floor you will find two bedrooms both with floor to ceiling windows which offer incredible views of the Laguna Madre Bay. The front balcony features unobstructed views of the SpaceX Launch Pad and facility for endless excitement. The Water Heater & Both A/C units were replaced within the past year. Enjoy resort style living with premium amenities which include a fitness center, heated pool, tennis courts, direct beach access and much more! Schedule your tour today!

Investor Tools

Property Icon
$600,000
Estimated Property Value
$0Estimated Mortgage Balance
$600,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,065/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,776
$574,883
2025
$35,035
$539,848
$574,883
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,776
$574,883

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$600,000
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
2.6%

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 Unit 902 | Property Details | No Agent List