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$520,000

NAL Estimated Property Value

112 PADRE BLVD. 415, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,237 Sq Ft
price_per_sqft$403.4 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDryer, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,368 sqft

Building Information

Year Built1980
Stories1
Roof Type114

Land Information

APN67-7681-0040-0415-00
SubdivisionSea Vista Ii Condominiums
Land UseResidential
Legal DescriptionSEA VISTA II CONDOMINIUMS UNIT 415 BLDG A, 1.8644% INT IN COM AREA
Census Tract012305
Assessed Land Value$90,955
Assessed Improvement Value$379,481
Assessment Year2025

About this property

Virtual Tours - bit.ly/sv-415. This 3-bedroom condo offers over 1200sqft of beachfront living space. The open concept living/dining area is perfect for entertaining family & friends after a day at the beach. The kitchen has plenty of cabinet & counter space. The east-facing balcony provides a spectacular view of the ocean.There is a smaller balcony that overlooks the pool & tennis court. All 3 bedrooms have large closets with built-in shelving.There is a convenient in-unit washer & dryer. Selling fully furnished, ready for you to move right in and start enjoying island life. Sea Vista amenities include 2 heated pools, tennis/pickleball courts, gated entry, direct beach access.

Investor Tools

Property Icon
$520,000
Estimated Property Value
$397,304Estimated Mortgage Balance
$122,696Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$883/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,000
$470,436
2025
$90,955
$379,481
$470,436
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,000
$470,436

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
David Adame Llc
Purchase Money Mortgage
$419,000
No
First
Jun 5, 2023
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,304
$122,696
23%
76%
$2,513/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
$2,513/mo
$-833/mo
3.9%

City: SOUTH PADRE ISLAND

112 PADRE BLVD. 415 | Property Details | No Agent List