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$310,000

NAL Estimated Property Value

129 E Morningside Dr # 1302, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths891 Sq Ft
price_per_sqft$180.13 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,172 sqft

Building Information

Year Built1985
Stories1
Roof Type114

Land Information

APN67-5960-0000-1302-00
SubdivisionMorning Breeze Condominiums
Land UseResidential
Legal DescriptionMORNING BREEZE CONDOMINIUMS UNIT 1302
Census Tract012305
Assessed Land Value$46,918
Assessed Improvement Value$117,273
Assessment Year2025

About this property

PRICE REDUCED TO SELL-BRING OFFERS!! Beautiful decorated and furnished Condo, third-floor, 2 Bedroom/2 Bath with large balcony facing Gulf Blvd. with limited Gulf view. Carpet in Bedrooms and tile flooring elsewhere; washer/dryer; vaulted ceilings; lost of windows. Very short walk to Gulf beach access. Rental Condo producing rental income. Assigned parking space #1302. HOA is Furcron Property Management. HOA Fee includes: common area maintenance of grounds, parking, pool; basic cable; water/sewer; trash; pest only. Exterior building insurance is estimated at $1762.00 per year. Note: Some Seller's property is excluded in sold furnished.

Investor Tools

Property Icon
$310,000
Estimated Property Value
$18,316Estimated Mortgage Balance
$291,684Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,792
$164,191
2025
$46,918
$117,273
$164,191
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,792
$164,191

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$99,577
No
First
Mar 11, 2013
Apr 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$18,316
$291,684
94%
6%
$0/mo

City: SOUTH PADRE ISLAND

129 E Morningside Dr # 1302 | Property Details | No Agent List