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$329,000

NAL Estimated Property Value

114 E BAHAMA ST. 1, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths876 Sq Ft
price_per_sqft$388.01 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDryer, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size1,564 sqft

Building Information

Year Built1999
Stories1
Roof Type114

Land Information

APN67-8810-0010-0010-00
Lot Number29
SubdivisionWind Dancer Condominiums
Land UseResidential
Legal DescriptionUNT 1 BLD A WIND DANCER CONDOMINIUMS PLUS 12.5 % INT IN COM AREA (PBEACH VI LOT 29 BLK 83, DEC 5145-172, 09/14/1998),
Census Tract012305
Assessed Land Value$56,250
Assessed Improvement Value$263,774
Assessment Year2025

About this property

Nice first floor furnished unit located in a private 8 unit complex. Just steps from the beach. If you're raving a quick meal and some adult beverages, you're just steps away from the island's brewing company and other island entertainment.

Investor Tools

Property Icon
$329,000
Estimated Property Value
$246,956Estimated Mortgage Balance
$82,044Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,039 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,442
$320,024
2025
$56,250
$263,774
$320,024
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,442
$320,024

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$260,000
No
First
Jul 6, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,956
$82,044
24%
75%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$1,559/mo
$-259/mo
4.7%

City: SOUTH PADRE ISLAND

114 E BAHAMA ST. 1 | Property Details | No Agent List