$648,000
NAL Estimated Property Value200 W KINGFISH ST., SOUTH PADRE ISLAND, TX, 78597
Off Market
Property Lead Type:
Deal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size3,994 sqft
Building Information
Year Built1977
Stories1
Roof Type114
Land Information
APN67-7310-0020-2050-00
Lot Number1,8
SubdivisionSand Castle Condominiums
Land UseReal Property Single Family - Condo
Legal DescriptionUNT 205 BLD B SAND CASTLE CONDOMINIUMS PLUS 5.113 % INT IN COM AREA (PBEACH SEC V LTS 1-8 BK 65, DEC 3-69, 4/6/1973)
Census Tract012305
Assessed Land Value$141,132
Assessed Improvement Value$293,867
Assessment Year2025
About this property
Peaceful and Private Bayside Gated Complex. Beautifully updated and tastefully decorated efficiency unit with wide boat launch and 14 common boat slips. Lush manicured landscaping. Vaulted ceiling and many new updates. Complex features 2 large swimming pools, fishing pier with fish cleaning station and sunset viewing deck with seating. Cable, water and electricity all included with small condo fee. Excellent island location and top-notch management support.
Investor Tools
$648,000
Estimated Property Value
$339,811Estimated Mortgage Balance
$308,189Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,888 /month
Positive
Cash Flow Estimate:
$1,296 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$886/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,397
$434,999
2025
$141,132
$293,867
$434,999
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,397
$434,999
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$374,250
No
First
Jun 24, 2021
Jul 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$339,811
$308,189
47%
52%
$2,244/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
$2,244/mo
$-564/mo
3.1%
