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$245,000

NAL Estimated Property Value

126 E Esperanza St # 101, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths680 Sq Ft
price_per_sqft$345.59 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDryer, Washer, Electric Water Heater
FlooringLaminate

Exterior

Lot Size1,041 sqft

Building Information

Year Built1985
Stories1

Land Information

APN67-1350-0101-0000-00
SubdivisionFalcon House Condominiums Bldg A
Land UseResidential
Legal DescriptionUNT 101 FALCON HOUSE CONDOMINIUMS BLDG A PLUS 8.34 % INT IN COM AREA (VOL 2182 PG 74 CONDO DEC)
Census Tract012305
Assessed Land Value$37,530
Assessed Improvement Value$167,470
Assessment Year2025

About this property

Remodeled, fully furnished 1/1 steps away from Beach Access #15. Excellent short term rental history just in time for summer!

Investor Tools

Property Icon
$245,000
Estimated Property Value
$87,997Estimated Mortgage Balance
$157,003Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,486
$205,000
2025
$37,530
$167,470
$205,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,486
$205,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Regional Bank
Stand Alone First / Home Equity First Lien
$96,000
No
First
Nov 8, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$87,997
$157,003
64%
36%
$576/mo

City: SOUTH PADRE ISLAND

126 E Esperanza St # 101 | Property Details | No Agent List