$206,000
NAL Estimated Property Value130 Padre Blvd # 201, SOUTH PADRE ISLAND, TX, 78597
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
FlooringCarpet, Tile
Exterior
Exterior FeaturesBalcony
Lot Size462 sqft
Building Information
Year Built1984
Stories1
Roof Type114
Land Information
APN67-3150-0201-0100-00
SubdivisionGulfview Ii Condominiums
Land UseResidential
Legal DescriptionGULFVIEW II CONDOMINIUMS UNIT 201
Census Tract012305
Assessed Land Value$16,689
Assessed Improvement Value$182,477
Assessment Year2025
About this property
Tropical, furnished efficiency - perfect for rentals! 2nd floor location provides lovely balcony to bask in the island breezes with views of nearby lake. Interiors are light with ample room for queen bed and sofa bed for additional sleeping. Complex has convient elevator, laundry facilities, large pool and BBQ area with covered picnic areas. Desirable location, in walking distance to Schlitterbahn water park and beachfront! Fine dining & shopping just around the corner, too! Possible OWNER FINANCING with accepted terms.
Investor Tools
$206,000
Estimated Property Value
$0Estimated Mortgage Balance
$206,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,236 /month
Positive
Cash Flow Estimate:
$412 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,387
$199,166
2025
$16,689
$182,477
$199,166
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,387
$199,166
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$206,000
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
5.9%
