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$345,000

NAL Estimated Property Value

131 E Saturn Ln # B3, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,119 Sq Ft
price_per_sqft$335.12 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

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 Size1,564 sqft

Building Information

Year Built2005
Stories1
Roof Type114

Land Information

APN67-6439-0020-0030-00
SubdivisionSoleil Condominiums
Land UseResidential
Legal DescriptionUNT B3 SOLEIL CONDOMINIUMS (CONDO DEC V12727 PG177 FILED ON 6/23/06)
Census Tract012305
Assessed Land Value$62,500
Assessed Improvement Value$237,500
Assessment Year2025

About this property

See this beautiful 2/2 poolside condo with a spacious living area, custom kitchen cabinets, and high ceilings. The condo is minutes away from the beach, with beach access across the street. HOA fees are 1200 per quarter, including building insurance pool grounds reserves and trash.

Investor Tools

Property Icon
$345,000
Estimated Property Value
$258,873Estimated Mortgage Balance
$86,127Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$569/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,102
$300,000
2025
$62,500
$237,500
$300,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,102
$300,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Unknown
$260,000
No
First
Jan 30, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,873
$86,127
24%
75%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$1,559/mo
$-259/mo
4.5%

City: SOUTH PADRE ISLAND

131 E Saturn Ln # B3 | Property Details | No Agent List