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$210,000

108 E Oleander St # 201, South Padre Island, TX, 78597

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths640 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$328.13 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Electric Water Heater
FlooringTile

Exterior

Lot Size1,041 sqft

Building Information

Year Built1985
Stories1
Roof Type114

Land Information

APN67-5210-0201-0000-00
Lot Number31
SubdivisionIsland Estates Condominiums
Land UseResidential
Legal DescriptionSO PADRE IS-ISLAND ESTATES CONDO LOT 31 BLK 112 SEC VIII UNIT 201
Census Tract012305
Assessed Land Value$37,500
Assessed Improvement Value$169,528
Assessment Year2025

About this property

Coastal Cozy Retreat- Welcome to this adorable and cozy one-bedroom, one-bath, fully furnished condo, perfectly designed for a relaxing beach getaway. The inviting layout comfortably sleeps additional guests with bunk beds tucked into the hallway, making it an ideal spot for families or couples traveling with friends. Enjoy the convenience of being just steps from the beach and within walking distance of shops, dining, and local attractions. Fully furnished and move-in ready, this charming condo offers the perfect blend of comfort, convenience, and coastal charm. Unit 302 Is also available for sale.

Investor Tools

$0Estimated Mortgage Balance
$266,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month

Interested in this property?

Liz Givens

Sapphire Prime Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$404/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,521
$207,028
2025
$37,500
$169,528
$207,028
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,521
$207,028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$266,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,020/mo
N/A
+$1,020/mo
4.6%

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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