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$302,000

NAL Estimated Property Value

200 PADRE BLVD. A204 (1204), SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths781 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$318.82 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,660 sqft

Building Information

Year Built1977
Stories1
Roof Type114

Land Information

APN67-3000-0010-1030-00
SubdivisionGulfpoint I Condominiums
Land UseReal Property Single Family - Condo
Legal DescriptionUNT 103-A BLD A GULFPOINT I CONDOMINIUMS (VOL 5 PG 762 CONDO DEC)
Census Tract012305
Assessed Land Value$59,722
Assessed Improvement Value$298,846
Assessment Year2025

About this property

Virtual Tours bit.ly/gp-a204 Enjoy island life in this completely updated condo at Gulfpoint! This poolside retreat is decorated in a modern, minimalist style. It has granite counters, stainless steel appliances, & open concept living/dining/kitchen. Floor to ceiling windows create an atmosphere filled w/ natural light. Gorgeous reclaimed hardwood floors throughout. Balcony overlooks the pool, & has partial view of bay & causeway. Large bedroom accommodates 2 queen beds. The updated bath has custom-tiled shower, 2nd sink & vanity in bedroom. Plenty of storage. Gulfpoint amenities include gated entry, covered parking, pool, hot tub, shaded kiddie pool, tennis courts, multiple BBQ areas, playground, gameroom, gym, & elevator. See it today!

Investor Tools

Property Icon
$302,000
Estimated Property Value
$120,484Estimated Mortgage Balance
$181,516Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$349/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,683
$234,291
2025
$59,722
$298,846
$358,568
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,683
$234,291

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$140,000
No
First
Apr 12, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,484
$181,516
60%
40%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$840/mo
+$460/mo
5.2%

City: SOUTH PADRE ISLAND

200 PADRE BLVD. A204 (1204) | Property Details | No Agent List