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$484,000

NAL Estimated Property Value

1700 Gulf Blvd Apt 203, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,076 Sq Ft
price_per_sqft$218.4 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,694 sqft

Building Information

Year Built1977
Stories1

Land Information

APN67-5800-0010-2030-00
Lot Number1,2
SubdivisionMarisol Apts Condominiums
Land UseResidential
Legal DescriptionSO PADRE IS- MARISOL APTS COND SUN NY ISLE PT LTS 1-2-3-4 BLK 1 APT- 203 BLDG A, 2.74% INT IN COM AREA
Census Tract012305
Assessed Land Value$112,718
Assessed Improvement Value$333,252
Assessment Year2025

About this property

Beautiful updated beachfront Condo, 2 Bedroom/2 Bath, sold furnished on the second floor with Balcony overlooking the Gulf beach. Also second Balcony off second Bedroom looking out onto Condo Complex pool area. Condo Complex amenities include: gated grounds entry; outdoor heated pool; BBQ grills; Central Laundry Room. HOA On-Site Management/Rental Office provide additional Owner support. Rental property producing rental income.

Investor Tools

Property Icon
$484,000
Estimated Property Value
$148,770Estimated Mortgage Balance
$335,230Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,904 /month
Positive
Cash Flow Estimate:
$968 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$834/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,584
$445,970
2025
$112,718
$333,252
$445,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,584
$445,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trusttexas Bank Ssb
Conventional
$181,600
No
First
Jul 14, 2017
Aug 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,770
$335,230
69%
31%
$1,089/mo

City: SOUTH PADRE ISLAND

1700 Gulf Blvd Apt 203 | Property Details | No Agent List