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$360,000

150 PADRE BLVD. C405, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,134 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$334.22 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size1,738 sqft

Building Information

Year Built2009
Stories1
Roof Type114

Land Information

APN67-6829-0030-0405-00
SubdivisionLa Isla South Padre Residences Condomini
Land UseResidential
Legal DescriptionUNT 405 BLD C LA ISLA SOUTH PADRE RESIDENCES CONDOMINIUM PLUS 2.13 % INT IN COM AREA (2011 AMEND CONDO DEC VOL 17253 PG 209 F
Census Tract012305
Assessed Land Value$62,529
Assessed Improvement Value$271,581
Assessment Year2025

About this property

Welcome to this one of a kind luxurious top floor condo at the prestigious La Isla Residences. This professionally designed and decorated condo is being offered fully furnished. Enjoy stunning Gulf and Bay views & the excitement of space exploration with unobstructed views of the SpaceX launch facility from the comfort of your own balcony. As a resident of this exclusive resort community, you'll have access to a wealth of amenities. Lounge by the sparkling heated- pool, relax in the hot tub, or take a stroll along the pristine beach just steps away. Whether you are looking for a retreat away from home, or a strong investment opportunity this unit has endless potential!

Investor Tools

Property Icon
$360,000
Estimated Property Value
$0Estimated Mortgage Balance
$360,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,682
$334,110
2025
$62,529
$271,581
$334,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,682
$334,110

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$360,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
N/A
+$1,300/mo
4.3%

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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150 PADRE BLVD. C405 | Property Details | No Agent List