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$730,000

NAL Estimated Property Value

200 CONSTELLATION N203, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,305 Sq Ft
price_per_sqft$290.67 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDryer, Washer, Electric Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size1,634 sqft

Building Information

Year Built2005
Stories1
Roof Type114

Land Information

APN67-4500-0010-2030-00
SubdivisionLaguna Bay Condominium
Land UseReal Property Single Family - Condo
Legal DescriptionUNT N203 BLD NORTH TOWER LAGUNA BAY CONDOMINIUM
Census Tract012305
Assessed Land Value$49,409
Assessed Improvement Value$565,789
Assessment Year2025

About this property

Experience Island living at its best in this beautifully furnished 3-bedroom 3.5-bath condo in South Padre Island. Located on the second floor, this spacious condo includes private balconies off every bedroom, including a wraparound balcony with breathtaking bay views. Enjoy the comfort of a fully equipped kitchen, and a master suite complete with a whirlpool soaking tub. The condo comes move in ready and fully furnished, including linens and decor. Community amenities include access to a private fishing pier and boat dock, plus assigned parking and quick access to bike lanes. Whether you're seeking a peaceful getaway, a full-time residence, or an income producing property, this bayfront condo offers the perfect blend of comfort, style, and location.

Investor Tools

Property Icon
$730,000
Estimated Property Value
$417,825Estimated Mortgage Balance
$312,175Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,380 /month
Positive
Cash Flow Estimate:
$1,460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,462
$615,198
2025
$49,409
$565,789
$615,198
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,462
$615,198

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Timothy Wilkins Etux
Seller Carryback / Seller Financing / Seller Take-Back
$450,000
No
First
Jun 14, 2022
Jun 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$417,825
$312,175
42%
57%
$2,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
$2,698/mo
$-1,018/mo
2.8%

City: SOUTH PADRE ISLAND

200 CONSTELLATION N203 | Property Details | No Agent List