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$502,000

NAL Estimated Property Value

110 PADRE BLVD. 202, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,172 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$425.77 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size1,860 sqft

Building Information

Year Built1980
Stories1

Land Information

APN67-7680-2020-0000-00
SubdivisionSea Vista I Condominiums
Land UseResidential
Legal DescriptionSEA VISTA I CONDOMINIUMS UNIT 202 BLDG A, 1.8640% INT IN COM AREA
Census Tract012305
Assessed Land Value$97,239
Assessed Improvement Value$363,136
Assessment Year2025

About this property

PRICED REDUCED! Great Gulf of America views and Space X views. Beach Front complex, fully furnished, 3 bedroom 2 bath condo. Make this your new home or investment property. Second floor walk-up with its own private entrance, with a southern view of the island, beach views and a Space X view. Nicely furnished, with everything you need to call it home, dishes, pots and pans, utensils, linens, newer appliances. Wonderful views from the south facing main balcony, and north views of swimming pool from the two north facing bedroom balconies. Newer thermo windows and sliding doors through out condo. New electrical panel, well maintained through out, newer commercial Speed Queen washer and dryer. All kitchen appliances new within last 3 years. Condo is presently set up as a 2 bedroom, but with just the adding/changing of furniture, it can change back back to a 3 bedroom. See Space X launch from blast off to return of rocket. Walking distance to many eateries. Must see to appreciate.

Investor Tools

Property Icon
$502,000
Estimated Property Value
$364,697Estimated Mortgage Balance
$137,303Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,012 /month
Positive
Cash Flow Estimate:
$1,004 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$862/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,829
$460,375
2025
$97,239
$363,136
$460,375
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,829
$460,375

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Purchase Money Mortgage
$369,000
No
First
Aug 1, 2025
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,697
$137,303
27%
73%
$2,213/mo

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.

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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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110 PADRE BLVD. 202 | Property Details | No Agent List