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$1,077,000

NAL Estimated Property Value

121 E Red Snapper St, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,560 Sq Ft
price_per_sqft$388.67 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Electric Water Heater
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built2006
Stories3
Roof Type114
Garage Spaces2

Land Information

APN67-6400-0560-0120-00
Lot Number12
SubdivisionPadre Beach Subdivision
Land UseResidential
Legal DescriptionSO PADRE IS - PADRE BEACH SECTION V LOT 12 BLK 56
Census Tract012305
Assessed Land Value$180,000
Assessed Improvement Value$804,969
Assessment Year2025

About this property

Virtual Tours - bit.ly/121rs Designed by Tennison, this coastal haven, w/ wrap-around balcony is approx 325yds from the beach. The open concept main floor features a spacious living area & dining area open to the kitchen. It's perfect for family gatherings & entertaining. 3 bedrooms are on the top floor, a bonus rm/bedrm/office is on the 2nd floor. 1st floor bedroom is currently being used as a 2nd living area. With the convenient 3-story layout, you can enjoy privacy and separation, perfect for accommodating guests. This coastal gem includes a two-car garage with additional storage space, a valuable asset in a beach community. Perfect for a full-time residence, a vacation retreat, or an investment property, make this one your own.

Investor Tools

Property Icon
$1,077,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,077,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,462 /month
Positive
Cash Flow Estimate:
$2,154 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,845/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,750
$984,969
2025
$180,000
$804,969
$984,969
No

Tax History

Year
Tax Paid
Assessed Value
2025
$16,750
$984,969

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,077,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,900/mo
N/A
+$1,900/mo
2.1%

City: SOUTH PADRE ISLAND

121 E Red Snapper St | Property Details | No Agent List