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$370,000

129 E Cora Lee Dr # 305, South Padre Island, TX, 78597

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths827 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$447.4 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-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

APN67-6485-0000-0305-00
SubdivisionCora Lee Gulf View Condominiums
Land UseResidential
Legal DescriptionUNT 305 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

Virtual Tours & More - bit.ly/clgv-305 Located just 120 yds from the beach, this top-floor condo showcases $100,000+ in designer renovations, by one of SPI's premier interior decorating teams. The only thing you'll need to remodel is your vacation schedule. The open living/dining area connects to a gorgeous kitchen with white quartz counters, herringbone-patterned tile backsplash, stainless steel appliances, & tall cabinets. Head out to the south-facing balcony to enjoy Gulf breezes & a partial ocean view. The primary suite has a vaulted ceiling, walk-in closet, & beautifully remodeled ensuite bath, while the spacious guest bedroom sits next to an equally impressive guest bath. Both bathrooms feature custom coastal-inspired tilework that feels straight out of a design magazine. Cora Lee Gulf View offers a pool, hot tub, elevator, and two assigned parking spaces. The hardest decision you'll make each day? Beach, pool, or staying in to relax & enjoy this fresh, stylish coastal escape.

Investor Tools

$0Estimated Mortgage Balance
$327,409Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

Interested in this property?

Dina Rich

KELLER WILLIAMS LRGV

ContactContact

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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

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$327,409
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
N/A
+$1,300/mo
4.8%

City: South Padre Island