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$261,685

NAL Estimated Property Value

120 PADRE BLVD. 206, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths642 Sq Ft
price_per_sqft$334.89 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile

Exterior

Exterior FeaturesBalcony
Lot Size788 sqft

Building Information

Year Built1984
Stories1
Roof Type114

Land Information

APN67-3100-0206-0000-00
SubdivisionGulfview I Condominiums
Land UseResidential
Legal DescriptionGULFVIEW I CONDOMINIUMS UNIT 206 BLDG A
Census Tract012305
Assessed Land Value$28,321
Assessed Improvement Value$233,364
Assessment Year2025

About this property

Fully furnished, TURNKEY condo close to waterpark, shopping, hotel/restaurant and beach... It doesn't get much better! Kitchen tastefully remodeled. Located on 2nd floor close to complex laundry facilities. Unit overlooks large sparkling pool/hot tub area with views of bay & causeway from covered patio and dining area. This one has all the makings of great rental potential or keep as your private vacation spot. Complex has convenient elevator, large pool, hot tub, tennis, BBQ & picnic area, covered pool lounges, clubhouse & onsite manager. Get in now for peak season rental income! Ask to see our virtual tour!

Investor Tools

Property Icon
$261,685
Estimated Property Value
$0Estimated Mortgage Balance
$261,685Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,570 /month
Positive
Cash Flow Estimate:
$523 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,450
$261,685
2025
$28,321
$233,364
$261,685
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,450
$261,685

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$261,685
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,020/mo
N/A
+$1,020/mo
4.7%

City: SOUTH PADRE ISLAND

120 PADRE BLVD. 206 | Property Details | No Agent List