$322,000
NAL Estimated Property Value104 W Georgia Ruth Dr Unit 5, SOUTH PADRE ISLAND, TX, 78597
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDryer, Washer, Electric Water Heater
FlooringCarpet
Exterior
Exterior FeaturesBalcony
Lot Size1,738 sqft
Building Information
Year Built1998
Stories1
Roof Type105
Garage Spaces180
Land Information
APN67-6401-0000-0050-00
SubdivisionBayview Condominiums Unit I
Land UseResidential
Legal DescriptionUNT 5 BAYVIEW CONDOMINIUMS UNIT I PLUS 9.274 % INT IN COM AREA
Census Tract012305
Assessed Land Value$54,949
Assessed Improvement Value$228,745
Assessment Year2025
About this property
Very quiet complex. Unit is a 2nd floor two bedroom, 2 bath with an open garage and storage room. View of the Laguna Madre Bay from the Balcony. Unit's furniture is negotiable. Great investment property! POSSIBLE OWNER FINANCING!!!!
Investor Tools
$322,000
Estimated Property Value
$0Estimated Mortgage Balance
$322,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$536/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,824
$283,694
2025
$54,949
$228,745
$283,694
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,824
$283,694
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$322,000
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
4.8%
