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$327,409

NAL Estimated Property Value

129 E Cora Lee Dr # 205, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths827 Sq Ft
price_per_sqft$389.36 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Electric Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,011 sqft

Building Information

Year Built2006
Stories1
Roof Type114

Land Information

APN67-6485-0000-0205-00
SubdivisionCora Lee Gulf View Condominiums
Land UseResidential
Legal DescriptionUNT 205 CORA LEE GULF VIEW CONDOMINIUMS PLUS 5.4 % INT IN COM AREA (CONDO DEC V13241 PG88 FILED ON 11/20/06)
Census Tract012305
Assessed Land Value$40,500
Assessed Improvement Value$286,909
Assessment Year2025

About this property

Enjoy beachside living in this charming and well-maintained condo, located right across the street from beach. Situated in a beautifully kept complex, this unit features like-new kitchen appliances and a washer and dryer, making it move-in ready and hassle-free. Relax on your private balcony and take in a direct view of the sparkling ocean. The second bedroom includes a sleeper sofa—perfect for guests. Additional highlights include low HOA dues, elevator access and a dedicated covered parking spot for added convenience. Don't miss your chance to own this coastal gem!

Investor Tools

Property Icon
$327,409
Estimated Property Value
$213,134Estimated Mortgage Balance
$114,275Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,964 /month
Positive
Cash Flow Estimate:
$655 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$600/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,568
$327,409
2025
$40,500
$286,909
$327,409
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,568
$327,409

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Unknown
$213,750
No
First
Feb 12, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,134
$114,275
34%
65%
$1,282/mo

City: SOUTH PADRE ISLAND

129 E Cora Lee Dr # 205 | Property Details | No Agent List