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$289,062

NAL Estimated Property Value

208 W Gardenia St, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths4 Bath
Baths1,368 Sq Ft
Multi FamilyMulti Family
price_per_sqft$347.22 / sqft
Year BuiltBuilt in 1967

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,251 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces1

Land Information

APN67-6400-1160-0230-00
Lot Number23
SubdivisionPadre Beach Subdivision
Land UseResidential
Legal DescriptionSO PADRE IS - PADRE BEACH SECTION VIII LOT 23 BLK 116
Census Tract012305
Assessed Land Value$197,500
Assessed Improvement Value$91,562
Assessment Year2025

About this property

Charming traditional beach house style duplex on the bay side with income potential. Property consists of 2 like units. Use one, rent the other. Or, remodel/reconfigure to make one large home. Both sides need TLC, but a great opportunity to grab your piece of paradise at a low cost! Ground floor lends itself to covered parking and patio, or enclose for another unit and added income. Large backyard can easily accommodate pool and/or outdoor kitchen. Both units sold partially furnished. Call for your appointment to see this incredible deal, before it's gone!

Investor Tools

Property Icon
$289,062
Estimated Property Value
$400,277Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$530/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,916
$289,062
2025
$197,500
$91,562
$289,062
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,916
$289,062

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$405,000
No
First
Aug 8, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,277
N/A
0%
138%
$2,429/mo

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.

Explore Texas Explore This Area
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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208 W Gardenia St | Property Details | No Agent List