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$381,000

NAL Estimated Property Value

127 E Mars Ln # 302b, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths640 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$202.97 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,041 sqft

Building Information

Year Built1983
Stories1
Roof Type114

Land Information

APN67-0550-0302-0020-00
SubdivisionCalm Seas Comdominius (Dec Vol 12823 Pg
Land UseReal Property Single Family
Legal DescriptionUNT 302 3-B CALM SEAS COMDOMINIUS (DEC VOL 12823 PG 71)
Census Tract012305
Assessed Land Value$37,499
Assessed Improvement Value$156,736
Assessment Year2025

About this property

Adorable top third-floor luxury Condo, 1 Bedroom/1 Bath, completely remodeled; nicely decorated; built-in Bunk Beds; stainless-steel Kitchen appliances; open Kitchen-Living-Dining; granite counter tops; stackable washer-dryer; and Balcony with Gulf view. HOA Monthly Fee of $220.00 per month includes: common area maintenance of grounds, parking; water/sewer; trash; and exterior building insurance.

Investor Tools

Property Icon
$381,000
Estimated Property Value
$0Estimated Mortgage Balance
$381,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,286 /month
Positive
Cash Flow Estimate:
$762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,303
$194,235
2025
$37,499
$156,736
$194,235
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,303
$194,235

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$381,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,020/mo
N/A
+$1,020/mo
3.2%

City: SOUTH PADRE ISLAND

127 E Mars Ln # 302b | Property Details | No Agent List