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$339,000

112 E Acapulco Street, South Padre Island, TX, 78597

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths983 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$344.86 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesRange, Cooktop, Dryer, Microwave, Washer, Electric Water Heater, Dishwasher, Refrigerator
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size1,825 sqft

Building Information

Year Built2008
Stories1
Roof Type114

Land Information

APN67-6499-0010-0040-00
SubdivisionAcapulco Condominium
Land UseResidential
Legal DescriptionUNT 4 BLD A ACAPULCO CONDOMINIUM PLUS 29.2 % INT IN COM AREA (CONDO DEC VOL 16045 PG 151 FILED 05/29/09)
Census Tract012305
Assessed Land Value$65,700
Assessed Improvement Value$283,213
Assessment Year2025

About this property

Beach-side condo, investment-ready and move-in ready! This first-floor 2 bedroom, 2 bath unit on E Acapulco Dr sits on the beach side and is just a short stroll to the sand, sun, and ocean waves. The complex features a community swimming pool located just steps from this unit’s back patio, making it easy to go from lounge chair to living room in minutes. Offering just under 1,000 sq. ft., the condo comes fully furnished, including all kitchen appliances plus washer and dryer—owners will only be removing items from the owner’s closet. It’s an ideal setup for a first-time investor, owner-occupant, or second-home buyer who wants personal use while exploring the short-term rental market (subject to HOA/City regulations).

Investor Tools

$286,793Estimated Mortgage Balance
$112,207Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Zapphire Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,857
$302,843
2025
$65,700
$283,213
$348,913
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,857
$302,843

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$311,715
No
First
Feb 11, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,793
$112,207
28%
72%
$1,869/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
$2,394/mo
$-714/mo
5.1%

City: South Padre Island

112 E Acapulco Street | Property Details | No Agent List