$298,000
NAL Estimated Property Value115 E CORONADO 201-B, SOUTH PADRE ISLAND, TX, 78597
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
AppliancesDryer, Washer, Electric Water Heater
FlooringCarpet, Tile
Exterior
Exterior FeaturesBalcony
Lot Size1,394 sqft
Building Information
Year Built1982
Stories1
Roof Type114
Garage Spaces1
Land Information
APN67-7900-0020-0201-00
Lot Number6,10,S
SubdivisionSurfside 1 Condominiums
Land UseResidential
Legal DescriptionSURFSIDE I CONDOS SO PADRE ISLAND UNIT 201-B LOTS 6-10 BLK 188 FIESTA ISLES
Census Tract012305
Assessed Land Value$50,138
Assessed Improvement Value$229,083
Assessment Year2025
About this property
MOVE-IN READY! Great Second-Home of Investor Condo. Don't miss the Summer high rental season. Lovely 2nd-floor, 2 Bedroom/1.5 Bath Condo furnished that includes a single-car Garage. Condo has Balcony overlooking the hot-tub common area and is a short-walk to the beach. Carpet and tile floors, granite Kitchen counter-tops, Laundry Room for storage with Washer/Dryer. Detached single-car Garage with overhead door opener and assigned parking in front of Garage #201. Condo can be rented short or long-term. Take a look!
Investor Tools
$298,000
Estimated Property Value
$0Estimated Mortgage Balance
$298,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$520/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,748
$279,221
2025
$50,138
$229,083
$279,221
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,748
$279,221
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$298,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
N/A
+$1,300/mo
5.2%
