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$292,000

NAL Estimated Property Value

109 E Retama St Apt 2, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths885 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.49 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2

Exterior

Lot Size1,564 sqft

Building Information

Year Built2005
Stories1

Land Information

APN67-7699-0010-0020-00
SubdivisionStar Dancer Condominium
Land UseResidential
Legal DescriptionUNT 2 STAR DANCER CONDOMINIUM
Census Tract012305
Assessed Land Value$56,250
Assessed Improvement Value$252,322
Assessment Year2025

About this property

So nice to have a property by the beach. ground floor condos are the best! Easy to carry in groceries, no stairs to worry about. Open floor plan, walk-in shower, 2 bedrooms, 2 baths and nice pool! Assigned parking. Minimum 1 year rental.

Investor Tools

Property Icon
$292,000
Estimated Property Value
$114,760Estimated Mortgage Balance
$177,240Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,555
$253,903
2025
$56,250
$252,322
$308,572
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,555
$253,903

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$127,627
No
First
Jan 18, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,760
$177,240
60%
39%
$766/mo

City: SOUTH PADRE ISLAND

109 E Retama St Apt 2 | Property Details | No Agent List