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$892,000

NAL Estimated Property Value

113 E Aries Dr, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,264 Sq Ft
price_per_sqft$375.22 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dryer, Ice Maker, Washer, Electric Water Heater, Water Softener
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size6,251 sqft

Building Information

Year Built1999
Stories2
Roof Type114
Garage Spaces4

Land Information

APN67-6400-1500-0080-00
Lot Number8
SubdivisionPadre Beach Subdivision
Land UseResidential
Legal DescriptionSO PADRE IS - PADRE BEACH SECTION X LOT 8 BLK 150
Census Tract012305
Assessed Land Value$225,000
Assessed Improvement Value$595,459
Assessment Year2025

About this property

PRICED TO SELL! Ideal Single-Family Residence for Primary-Home, Second-Home or Investor Rental Property! Furnished Two-Story, 3 Bedroom/3 Bath, two single-car Garages and privacy fenced back yard with large 3.0 ft.-5.5 ft. deep fresh-water pool. Second-floor has Master Bedroom/Bath Suite with corner jacuzzi tub and separate Guest Bedroom/Bath, open Kitchen-Living-Dining area. Living area opens out onto front Balcony with Bay view. Kitchen opens out onto 2nd-floor deck overlooking and accessing the beautiful pool. 1st-floor has Guest Bedroom/Bath with access to the pool/yard area; large washer/dryer room with sink; and two single-car Garages with one that is air conditioned. Other amenities are: storm-rated windows; hurricane shutters; Kitchen induction cook top; reverse osmosis water softener system; hybrid water heater. Roof replaced in 2011; H/W Heater replaced in 2014 with Hybrid; A/C Condenser replaced in 2020; Handler replaced in 2022. Short walk to beach. A MUST SEE PROPERTY!

Investor Tools

Property Icon
$892,000
Estimated Property Value
$0Estimated Mortgage Balance
$892,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,352 /month
Positive
Cash Flow Estimate:
$1,784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,795
$820,459
2025
$225,000
$595,459
$820,459
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,795
$820,459

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$892,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
N/A
+$1,680/mo
2.3%

City: SOUTH PADRE ISLAND

113 E Aries Dr | Property Details | No Agent List