Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$1,025,803

133 E Red Snapper St, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths2,475 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$363.23 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,001 sqft

Building Information

Year Built1973
Stories3
Roof Type114
Garage Spaces4

Land Information

APN67-2450-0010-0010-00
Lot Number1
SubdivisionGelfer Subdivision
Land UseResidential
Legal DescriptionGELFER SUBD LOT 1 BLK 1
Census Tract012305
Assessed Land Value$400,000
Assessed Improvement Value$625,803
Assessment Year2025

About this property

Introducing a stunning and spacious home located in the highly sought-after South Padre Island. This exquisite property offers the perfect blend of luxury, comfort, and coastal living, making it an ideal investment opportunity or dream family home. Additionally, this home's location on South Padre Island provides convenient access to all the amenities and attractions the area has to offer. From pristine beaches and water sports to vibrant dining and shopping options, you'll find everything you need for a fulfilling coastal lifestyle just moments away. Don't miss the opportunity to own this exceptional home in South Padre Island. With its spacious layout, luxurious features, and prime location, it's a true gem that combines the best of comfort, style, and coastal living.

Investor Tools

Property Icon
$1,025,803
Estimated Property Value
$765,000Estimated Mortgage Balance
$301,649Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,155 /month
Positive
Cash Flow Estimate:
$2,052 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,881/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,445
$1,025,803
2025
$400,000
$625,803
$1,025,803
No

Tax History

Year
Tax Paid
Assessed Value
2025
$17,445
$1,025,803

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Bank (Lexington)
Purchase Money Mortgage
$765,000
No
First
May 5, 2023
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$724,154
$301,649
29%
71%
$4,587/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
$4,587/mo
$-2,907/mo
2.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

133 E Red Snapper St | Property Details | No Agent List