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$1,428,000

NAL Estimated Property Value

123a W Mars Ln, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,156 Sq Ft
price_per_sqft$292.16 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDryer, Washer, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size3,123 sqft

Building Information

Year Built2007
Stories2
Garage Spaces2

Land Information

APN67-6400-1350-0131-00
Lot Number13A,LOT
SubdivisionPadre Beach Subdivision
Land UseResidential
Legal DescriptionLOT 13A BLK 135 PADRE BEACH SUBDIVISION (RE-PLAT OF LOT 13, C1-2735B)
Census Tract012305
Assessed Land Value$112,500
Assessed Improvement Value$566,082
Assessment Year2025

About this property

Discover paradise in this captivating 2-story townhome! This home includes 3 bedrooms, 2.5 baths, a breezy balcony, and a refreshing pool. Plus, a spacious 2-car garage all set on one of our peaceful Gulf interior streets. Its Just a stroll away from the stunning Gulf of Mexico. Don't wait, your dream oasis is calling!

Investor Tools

Property Icon
$1,428,000
Estimated Property Value
$392,357Estimated Mortgage Balance
$1,035,643Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,568 /month
Positive
Cash Flow Estimate:
$2,856 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,557/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,540
$678,582
2025
$112,500
$566,082
$678,582
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,540
$678,582

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eagle Bank & Trust Co
Conventional
$400,000
No
First
Mar 7, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$392,357
$1,035,643
72%
27%
$2,399/mo

City: SOUTH PADRE ISLAND

123a W Mars Ln | Property Details | No Agent List