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$150,000

NAL Estimated Property Value

125 E GEORGIA RUTH DR. 102B, SOUTH PADRE ISLAND, TX, 78597

$195,000 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths970 Sq Ft
price_per_sqft$154.64 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDryer, Washer, Electric Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool

About this property

Look no further for your beach resort in a ground floor unit! Condo is tastefully decorated with all conveniences of home, including washer/dryer. Located by the sparkling pool, this complex also offers gated security & fabulous observation deck for spectacular views of the gulf & fireworks displays! Complex located only 2 lots from Gulf Blvd with boardwalk beach access. Plus, the ever popular Wanna-Wanna beachfront bar & grill is also in walking distance. Rental investors will love the repeat clients & high occupancy rate of this property. Sellers successfully advertise on Homeaway, and are willing to give buyer their membership, lasting until June. Property booking through June. Buyers can capitalize on instant income!

Investor Tools

Property Icon
$150,000
Estimated Property Value
$0Estimated Mortgage Balance
$150,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$195,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

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

City: SOUTH PADRE ISLAND

125 E GEORGIA RUTH DR. 102B | Property Details | No Agent List