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$794,000

NAL Estimated Property Value

128 E Gardenia St, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,076 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$279.38 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available

Exterior

Private PoolPrivate Pool
Lot Size6,251 sqft

Building Information

Year Built1998
Stories2
Garage Spaces1

Land Information

APN67-6400-1140-0210-00
Lot Number21
SubdivisionPadre Beach Subdivision
Land UseResidential
Legal DescriptionSO PADRE IS - PADRE BEACH SECTION VIII LOT 21 BLK 114
Census Tract012305
Assessed Land Value$225,000
Assessed Improvement Value$420,632
Assessment Year2025

About this property

REDUCED!! There is so much open space in this 2,076 sq. ft. home. It has 3 bedrooms, 3 baths, 2 car garage and 2 porches! When you first walk through the French doors you will notice the beautiful wide stairway and large windows that allow in the natural light. The upstairs living room has a bar. Make yourself a drink and step outside to relax on the balcony. If you want a view from the opposite side of the house just walk over and sit on the balcony off the master bedroom. There you will also see a view of the Gulf. Since there are two bedrooms upstairs it is convenient to have the laundry room upstairs as well. The kitchen is large with lots of cabinets. A glass door to the backyard allows natural light to shine in the kitchen. A third bedroom and full bath is downstairs.

Investor Tools

Property Icon
$794,000
Estimated Property Value
$420,858Estimated Mortgage Balance
$373,142Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,764 /month
Positive
Cash Flow Estimate:
$1,588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,246/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,979
$645,632
2025
$225,000
$420,632
$645,632
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,979
$645,632

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Draper & Kramer Mortgage Corp
Conventional
$460,000
No
First
Oct 15, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$420,858
$373,142
46%
53%
$2,758/mo

City: SOUTH PADRE ISLAND

128 E Gardenia St | Property Details | No Agent List