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$697,000

NAL Estimated Property Value

123 E Huisache St, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,784 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.87 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size6,251 sqft

Building Information

Year Built1995
Stories2
Roof Type105
Garage Spaces2

Land Information

APN67-6400-0970-0130-00
Lot Number13
SubdivisionPadre Beach Subdivision
Land UseResidential
Legal DescriptionSO PADRE IS - PADRE BEACH SECTION VII LOT 13 BLK 97
Census Tract012305
Assessed Land Value$225,000
Assessed Improvement Value$393,680
Assessment Year2025

About this property

Recently updated beach house less than half block to the beach! 2 car attached garage conveniently leads to large ground floor kitchen, open dining and living areas, guest powder rm and master suite with remodeled bath. Upstairs is 2nd living room with new mini split a/c, 2nd full remodeled bath and 2 ample-sized bedrooms, each with walk-in closet. Don't forget the deck off the front of the house to enjoy the tropical island breezes. Or, step out back to your private, fenced yard. Mature palms adorn the in-ground pool and hot tub with new stone decking and custom inlaid mosaics. Windstorm certified in construction and new roof in 2016. A great retreat for you and/or to capitalize on short/long-term rentals. * Owners are in the process of replacing kitchen counters.

Investor Tools

Property Icon
$697,000
Estimated Property Value
$591,225Estimated Mortgage Balance
$105,775Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,182 /month
Positive
Cash Flow Estimate:
$1,394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,167/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,521
$618,680
2025
$225,000
$393,680
$618,680
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,521
$618,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$600,000
No
First
Jun 27, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$591,225
$105,775
15%
85%
$3,598/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
$3,598/mo
$-1,918/mo
2.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: SOUTH PADRE ISLAND

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123 E Huisache St | Property Details | No Agent List