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$326,000

NAL Estimated Property Value

123 E Carolyn Dr # 201, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths952 Sq Ft
price_per_sqft$183.72 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDryer, Washer, Electric Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,503 sqft

Building Information

Year Built2003
Stories1
Roof Type114
Garage Spaces1

Land Information

APN67-6417-0000-0201-00
Lot Number13,15,S
SubdivisionLas Puertas Condominium
Land UseResidential
Legal DescriptionLAS PUERTAS CONDOMINIUM UNIT 201 (CONDO DEC 9213-13, 7/12/2003) PB SEC 11 BLK 169 LOTS 13-15
Census Tract012305
Assessed Land Value$54,068
Assessed Improvement Value$265,171
Assessment Year2025

About this property

Very nice 2 bedroom 2 bath condo with tile throughout located less than a 1/2 block to beach with a very close beach access. Condo has a large balcony and a garage with designated parking. Complex has nice pool area. This unit is great for long term or short term rentals. Come take a look.

Investor Tools

Property Icon
$326,000
Estimated Property Value
$106,922Estimated Mortgage Balance
$219,078Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$588/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,429
$319,239
2025
$54,068
$265,171
$319,239
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,429
$319,239

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Choice Loan Services Inc
Conventional
$128,000
No
First
Mar 26, 2018
Apr 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,922
$219,078
67%
33%
$768/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$768/mo
+$532/mo
4.8%

City: SOUTH PADRE ISLAND

123 E Carolyn Dr # 201 | Property Details | No Agent List