$247,000
NAL Estimated Property Value129 E Lantana St # 12, SOUTH PADRE ISLAND, TX, 78597
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesWasher, Electric Water Heater
FlooringTile
Exterior
Lot Size1,102 sqft
Building Information
Year Built2003
Stories1
Roof Type114
Land Information
APN67-6412-0000-0120-00
Lot Number15,17,S
SubdivisionSun Dancer Condominiums
Land UseResidential
Legal DescriptionSUN DANCER CONDOMINIUMS UNIT 12 (SECOND FLOOR) (COND DEC 8672-278 1/17/03) PB SEC VII BLK 99 LOTS 15-17
Census Tract012305
Assessed Land Value$39,622
Assessed Improvement Value$205,752
Assessment Year2025
About this property
Great rental unit mid island, close to the beach. Nicely furnished, upgraded. Furniture negotiable. Possible owner financing.
Investor Tools
$247,000
Estimated Property Value
$0Estimated Mortgage Balance
$247,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$451/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,173
$245,374
2025
$39,622
$205,752
$245,374
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,173
$245,374
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$247,000
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
5.0%
