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$455,000

NAL Estimated Property Value

1700 Gulf Blvd Apt 303, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,076 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$418.22 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size1,694 sqft

Building Information

Year Built1977
Stories1
Roof Type114

Land Information

APN67-5800-0010-3030-00
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- 303 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

Virtual Tours - bit.ly/mar-303 You can't get much closer to the ocean than this! Picture yourself living the beachfront life at the Marisol Condominium. Enjoy your morning coffee on your private balcony, watching the sun rise over the Gulf. Open concept living/dining/kitchen provides a stunning ocean view. Kitchen and baths have been remodeled. All rooms have exposed brick accent walls. West balcony, accessible from both bedrooms, overlooks the pool. Built-in bunk beds for extra guests. There is a convenient in-unit washer/dryer and plenty of closet space. New sliding doors, new AC. RO water system. Marisol amenities include heated pool, gated entry, lawn with BBQ area, laundry room, and front desk. Selling furnished, just move in and start enjoying the island life!

Investor Tools

Property Icon
$455,000
Estimated Property Value
$335,869Estimated Mortgage Balance
$119,131Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,730 /month
Positive
Cash Flow Estimate:
$910 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$822/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
First National Bank Of S Padre Island
Unknown
$344,000
No
First
Dec 16, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,869
$119,131
26%
74%
$2,063/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$2,063/mo
$-763/mo
3.4%

City: SOUTH PADRE ISLAND

1700 Gulf Blvd Apt 303 | Property Details | No Agent List