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$353,000

130 E Retama St # 2, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,168 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$161.82 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,564 sqft

Building Information

Year Built2005
Stories1
Roof Type114

Land Information

APN67-6460-0000-0020-00
SubdivisionWild Wind Condominiums Phase Iv
Land UseResidential
Legal DescriptionUNT 2 WILD WIND CONDOMINIUMS PHASE IV (CONDO DEC VOL 12128 PG 108 FILED 1/5/06)
Census Tract012305
Assessed Land Value$56,250
Assessed Improvement Value$245,591
Assessment Year2025

About this property

Lovely 2/2 condominium on the ground floor. Built in 2005 well maintained and beautifully decorated. Just 101 steps away from the beach. Close to the popular Palm;s Cafe. Tastefully furnished and decorated. Shared pool with 3 other units. Al furnishings and appliances convey. Call to make your appointment today.

Investor Tools

Property Icon
$353,000
Estimated Property Value
$160,000Estimated Mortgage Balance
$209,415Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,118 /month
Positive
Cash Flow Estimate:
$706 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$575/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,133
$301,841
2025
$56,250
$245,591
$301,841
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,133
$301,841

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Conventional
$160,000
No
First
Dec 18, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,585
$209,415
59%
41%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$960/mo
+$340/mo
4.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: SOUTH PADRE ISLAND

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130 E Retama St # 2 | Property Details | No Agent List