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$313,000

NAL Estimated Property Value

102 E MARLIN ST., SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths847 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$353.01 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size958 sqft

Building Information

Year Built2013
Stories1
Roof Type114

Land Information

APN67-6512-0000-0010-00
SubdivisionStar Beachside Condominiums
Land UseResidential
Legal DescriptionUNT 1 STAR BEACHSIDE CONDOMINIUMS PLUS 3.66 % INT IN COM AREA (2014 CONDO DEC VOL 19876 PG 262 FILED 12/30/2013)
Census Tract012305
Assessed Land Value$34,476
Assessed Improvement Value$265,744
Assessment Year2025

About this property

Cute 2 bedroom 2 bath condo located just steps from the entertainment district and steps from the beach! Tile throughout, Granite countertops & Stainless steel appliances. A/C was replaced in 2023. Short Term Rentals are permitted making this a fantastic turnkey investment!

Investor Tools

Property Icon
$313,000
Estimated Property Value
$70,442Estimated Mortgage Balance
$242,558Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,878 /month
Positive
Cash Flow Estimate:
$626 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,105
$300,220
2025
$34,476
$265,744
$300,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,105
$300,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star National Bank
Unknown
$78,186
No
First
Feb 3, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,442
$242,558
77%
23%
$469/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$469/mo
+$831/mo
5.0%

City: SOUTH PADRE ISLAND

102 E MARLIN ST. | Property Details | No Agent List