$1,060,497
NAL Estimated Property Value115 E Whiting St, SOUTH PADRE ISLAND, TX, 78597
Off Market
Commercial
Highlights
Interior
Exterior
Lot Size5,001 sqft
Building Information
Year Built2020
Stories2
Land Information
APN67-6400-0470-0110-00
Lot Number11
SubdivisionPadre Beach Subdivision
Land UseResidential
Legal DescriptionLOT 11 BLK 47 PADRE BEACH SUBDIVISION SECTION IV (VOL 4 PG 52)
Census Tract012305
Assessed Land Value$180,000
Assessed Improvement Value$880,497
Assessment Year2025
About this property
Income Producing Property! 2-unit Duplex a Total of 8 Bedrooms & 8 Bathrooms. BRING YOUR INVESTORS. New Construction with major rental potential. Each Unit has 4 Bedrooms 4 Bath each side with 12ft ceilings and swimming pools. Located in the Entertainment District and walking distance to all SPI has to offer. This will not last long!! All pictures are of Unit A. Unit B is identical.
Investor Tools
$1,060,497
Estimated Property Value
$758,611Estimated Mortgage Balance
$301,886Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,600 /month
Positive
Cash Flow Estimate:
$3,200 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,945/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,035
$1,060,497
2025
$180,000
$880,497
$1,060,497
No
Tax History
Year
Tax Paid
Assessed Value
2025
$18,035
$1,060,497
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everyones Loan Company Inc
Conventional
$821,500
No
First
Mar 28, 2022
Apr 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$758,611
$301,886
28%
72%
$4,926/mo
