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$282,513

NAL Estimated Property Value

123 E Carolyn Dr # 105, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths621 Sq Ft
price_per_sqft$206.92 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Electric Water Heater
FlooringCarpet, Tile

Exterior

Lot Size980 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces1

Land Information

APN67-6417-0000-0105-00
Lot Number13,15,S
SubdivisionLas Puertas Condominium
Land UseResidential
Legal DescriptionLAS PUERTAS CONDOMINIUM UNIT 105 (CONDO DEC 9213-13, 7/12/2003) PB SEC 11 BLK 169 LOTS 13-15
Census Tract012305
Assessed Land Value$35,235
Assessed Improvement Value$247,278
Assessment Year2025

About this property

NICE GROUND FLOOR 1 BEDROOM. NICELY FURNISHED WITH GARAGE...BIG PLUS!! SMALLER, QUAINT COMPLEX WITH SWIMMING POOL, WELL MAINTAINED. NEWLY PAINTED. GOOD LONG TERM RENTAL HISTORY. STACK WASHER/DRYER. SHORT TERM ALLOWED. JUST MINUTES TO BEACH ACCESS!! POSSIBLE OWNER FINANCING!!

Investor Tools

Property Icon
$282,513
Estimated Property Value
$89,700Estimated Mortgage Balance
$192,813Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,695 /month
Positive
Cash Flow Estimate:
$565 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,804
$282,513
2025
$35,235
$247,278
$282,513
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,804
$282,513

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$104,000
No
First
May 22, 2019
Jun 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,700
$192,813
68%
32%
$624/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,020/mo
$624/mo
+$396/mo
4.3%

City: SOUTH PADRE ISLAND

123 E Carolyn Dr # 105 | Property Details | No Agent List