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$592,000

NAL Estimated Property Value

123 E LANTANA ST., SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,740 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$150.57 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size2,914 sqft

Building Information

Year Built1990
Stories2
Roof Type105

Land Information

APN67-6400-0990-0131-00
Lot Number1,12A,L
SubdivisionPadre Beach Subdivision
Land UseResidential
Legal DescriptionSO PADRE IS - PADRE BEACH SEC VII REPLAT LOTS 12A THRU 14B BLK 99 LOT 13-1 BLK 99
Census Tract012305
Assessed Land Value$104,985
Assessed Improvement Value$311,400
Assessment Year2025

About this property

Beautiful Spacious 2 bedroom 2 bath home steps away from the beach. To the opposite side you get all the commercial area from South Padre Island boulevard. ***Appliances are conveyed seen in the pictures are conveyed.***

Investor Tools

Property Icon
$592,000
Estimated Property Value
$0Estimated Mortgage Balance
$592,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,552 /month
Positive
Cash Flow Estimate:
$1,184 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$837/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,081
$416,385
2025
$104,985
$311,400
$416,385
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,081
$416,385

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$592,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
N/A
+$1,680/mo
3.4%

City: SOUTH PADRE ISLAND

123 E LANTANA ST. | Property Details | No Agent List