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$294,000

NAL Estimated Property Value

112 E KINGFISH, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths773 Sq Ft
price_per_sqft$199.22 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Electric Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size1,250 sqft

Building Information

Year Built2008
Stories1
Roof Type114

Land Information

APN67-6488-0010-0010-00
SubdivisionLos Pelicanos Condominiums
Land UseReal Property Single Family - Condo
Legal DescriptionUNT A BLD A LOS PELICANOS CONDOMINIUMS PLUS 24.78 % INT IN COM AREA (FILED 10-29-2008)
Census Tract012305
Assessed Land Value$45,000
Assessed Improvement Value$224,362
Assessment Year2025

About this property

Cozy ground floor 2 bedroom, 2 bath condo sold fully furnished. This well cared for unit features granite countertops in kitchen and baths. Ceramic tile flooring throughout. All kitchen appliances including refrigerator, standard stove, dishwasher, disposal, microwave, and double-stacker washer/dryer convey with sale. Swimming pool. Walking distance to beach access and entertainment! Great rental investment or your home away from home! HOA covers windstorm, flood & hazard insurance for the structure. It also pays for HOA water, electricity, pool service & trash pick-up.

Investor Tools

Property Icon
$294,000
Estimated Property Value
$94,012Estimated Mortgage Balance
$199,988Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,764 /month
Positive
Cash Flow Estimate:
$588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,581
$269,362
2025
$45,000
$224,362
$269,362
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,581
$269,362

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank
Seller Carryback / Seller Financing / Seller Take-Back
$140,600
No
First
Jan 27, 2012
Feb 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,012
$199,988
68%
32%
$843/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$843/mo
+$457/mo
5.3%

City: SOUTH PADRE ISLAND

112 E KINGFISH | Property Details | No Agent List