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$336,310

NAL Estimated Property Value

116 E Gardenia St # 3, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,084 Sq Ft
price_per_sqft$289.67 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDryer, Washer, Electric Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,564 sqft

Building Information

Year Built2006
Stories1

Land Information

APN67-6465-0010-0030-00
SubdivisionGarden Breeze Condominiums
Land UseResidential
Legal DescriptionUNT 3 GARDEN BREEZE CONDOMINIUMS (CONDO DEC V13345 PG291 FILED 12/22/06)
Census Tract012305
Assessed Land Value$56,250
Assessed Improvement Value$280,060
Assessment Year2025

About this property

One of Castle Construction's best condos in South Padre. Stainless steel appliances, in-unit washer/dryer, and upgrades like plantation shutters and tiled showers, this is quite the luxurious living space. The high ceilings add a touch of spaciousness, and being sold fully furnished is a big bonus for anyone looking for convenience. Short walk to the beach? You got it!

Investor Tools

Property Icon
$336,310
Estimated Property Value
$112,588Estimated Mortgage Balance
$223,722Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,018 /month
Positive
Cash Flow Estimate:
$673 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$617/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,719
$336,310
2025
$56,250
$280,060
$336,310
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,719
$336,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Home Mortgage Corp
Unknown
$218,500
No
First
Jun 8, 2007
Jul 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,588
$223,722
66%
33%
$0/mo

City: SOUTH PADRE ISLAND

116 E Gardenia St # 3 | Property Details | No Agent List