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$270,000

NAL Estimated Property Value

1016 TARPON AVE. 12, PORT ISABEL, TX, 78578

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,165 Sq Ft
price_per_sqft$161.72 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size1,603 sqft

Building Information

Year Built1975
Stories1
Garage Spaces1

Land Information

APN47-9510-0000-0120-00
Lot Number16,17
SubdivisionWindjammer Ii Condominiums
Land UseResidential
Legal DescriptionWINDJAMMER II CONDOMINIUMS UNIT 12 MODERN VENICE LTS 16-17 BLK 2-B, 16.05% INT IN COM AREA
Census Tract012304
Assessed Land Value$64,311
Assessed Improvement Value$145,347
Assessment Year2025

About this property

Nice unfurnished 2 bedroom 1 bath condo with deeded boat slip is located channel front with direct access to Laguna Madre Bay. Open living room, dining and kitchen space, granite counters, tile floors, ceiling fans and window treatments. Unit features a wall of windows facing the Bay with a large balcony. Unit also includes Captain Quarters and one garage space. HOA Monthly Fee includes common area maintenance, common laundry room, basic cable TV and WiFi; water/sewer, common electricity and pest control.

Investor Tools

Property Icon
$270,000
Estimated Property Value
$134,747Estimated Mortgage Balance
$135,253Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,673
$209,658
2025
$64,311
$145,347
$209,658
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,673
$209,658

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$150,450
No
First
Nov 26, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,747
$135,253
50%
50%
$903/mo

City: PORT ISABEL

1016 TARPON AVE. 12 | Property Details | No Agent List