$324,000
NAL Estimated Property Value114 E Swordfish St # 2, SOUTH PADRE ISLAND, TX, 78597
Off Market
Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size1,529 sqft
Building Information
Year Built2007
Stories1
Roof Type104
Land Information
APN67-6471-0010-0020-00
SubdivisionPueblo Del Padre 2 Condominiums
Land UseResidential
Legal DescriptionUNT 2 BLD 1 PUEBLO DEL PADRE 2 CONDOMINIUMS (CONDO DEC VOL 14535 PG 189 FILED 11/19/07)
Census Tract012305
Assessed Land Value$55,040
Assessed Improvement Value$268,677
Assessment Year2025
About this property
Spacious, Cheerful and Airy with comfortable furnishings, fun light fixtures and art decor! This furnished, two bedroom, two bath condo has lots of space for your vacation or full time living. Everything you need is provided. For the owners there are two lockout cabinets and a lockout closet in the master bedroom as well. Just a 1/2 block from the Gulf, restaurants, and shopping. Short term rentals are permitted with some restrictions. Stack-able Washer/Dryer in the unit.
Investor Tools
$324,000
Estimated Property Value
$132,023Estimated Mortgage Balance
$191,977Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$594/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,505
$323,717
2025
$55,040
$268,677
$323,717
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,505
$323,717
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
1st Alliance Mortgage Llc
Conventional
$146,250
No
First
Mar 12, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,023
$191,977
59%
41%
$877/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$877/mo
+$423/mo
4.8%
