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$455,000

1700 Gulf Blvd Apt 306, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,076 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$243.49 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,694 sqft

Building Information

Year Built1977
Stories1
Roof Type183

Land Information

APN67-5800-0010-3060-00
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- 306 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

Gulf & partial bay views from this great condo! Enjoy the beautiful sunrises off of your balcony in the morning and in the evenings relax and delight in the view of the beautiful pool and spectacular bay sunsets and beautiful fireworks all summer long. This condo is turnkey ready just bring your swimsuit and flip-flops. Priced to sell won't last long! Updated with new kitchen cabinetry & granite counter-tops, bathrooms also updated with granite counter tops, new vanities & stand up showers. Spacious 2nd bedroom sleeps 4 has a bunk bed set & a double bed, Master bedroom has king bed.

Investor Tools

Property Icon
$455,000
Estimated Property Value
$181,500Estimated Mortgage Balance
$291,157Estimated Equity
60% 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
$518/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,937
$341,411
2025
$112,718
$333,252
$445,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,937
$341,411

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$181,500
No
First
Mar 18, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,843
$291,157
63%
36%
$1,089/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$1,089/mo
+$211/mo
3.4%

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.

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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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1700 Gulf Blvd Apt 306 | Property Details | No Agent List