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$215,000

15209 S Padre Island Dr Unit 406, Corpus Christi, TX, 78418

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths728 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$295.33 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
FlooringConcrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesSprinkler Irrigation
Lot Size2,526 sqft

Building Information

Year Built2008

Land Information

APN6284-0000-0406
SubdivisionPalm Bay Village
Land UseResidential
Legal DescriptionPALM BAY VILLAGE, UNIT 406, 1.639% COMMON AREA INTEREST
Census Tract006203
Assessed Land Value$19,058
Assessed Improvement Value$211,594
Assessment Year2025

About this property

Experience effortless island living in this charming one-bedroom, one-bath townhome in Palm Bay Village, ideally located less than a mile from the beach on North Padre Island. This desirable single-story, poolside unit offers beautiful views of the community’s impressive resort-style pool and is offered fully furnished and completely turnkey, making it easy to start enjoying—or renting—your island retreat from day one. Palm Bay Village is known for its tropical, resort-inspired atmosphere and expansive resort-style pool, complete with inviting gathering areas and a community clubhouse—creating the perfect setting to relax, entertain, and embrace the laid-back coastal lifestyle. Whether you're searching for a personal island getaway, second home, or income-producing vacation rental, this property offers exceptional versatility. With furnishings already in place and a prime location just minutes from the beach, restaurants, shopping, fishing, boating, and all that North Padre Island has to offer, it’s perfectly positioned for both personal enjoyment and vacation rental potential. With its single-level layout, prime poolside location and views, resort amenities, and turnkey convenience, this Palm Bay Village townhome is a fantastic opportunity to own a piece of island paradise. HOA dues are $554 per month and include all exterior insurance, exterior upkeep & common area/amenities, trash, cable/wifi.

Investor Tools

$0Estimated Mortgage Balance
$230,652Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,384 /month
Positive
Cash Flow Estimate:
$461 /month

Interested in this property?

Julie Reupke

Compass RE Texas, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$520/month
$554/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,081
$230,652
2025
$19,058
$211,594
$230,652
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,081
$230,652

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$230,652
100%
0%
$0/mo

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: Corpus Christi

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15209 S Padre Island Dr Unit 406 | Property Details | No Agent List