$536,000
NAL Estimated Property Value2100 GULF BLVD. 1105, SOUTH PADRE ISLAND, TX, 78597
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDryer, Washer, Electric Water Heater
FlooringTile
Exterior
Exterior FeaturesBalcony
Lot Size771 sqft
Building Information
Year Built1981
Stories1
Roof Type114
Land Information
APN67-6620-0110-1105-00
Lot Number1,4,LOT
SubdivisionPadre Grand Condominiums
Land UseResidential
Legal DescriptionSO PADRE IS - PADRE GRAND CONDO UNIT 1105 BLDG A LOTS 1-4 BLK 19, LOT 5 BLK 26 PADRE BEACH SEC III
Census Tract012305
Assessed Land Value$51,339
Assessed Improvement Value$442,536
Assessment Year2025
About this property
NICE CONDO ON 11TH FLOOR BEAUTIFUL VIEW TO GULF AND BAY
Investor Tools
$536,000
Estimated Property Value
$194,686Estimated Mortgage Balance
$341,314Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,216 /month
Positive
Cash Flow Estimate:
$1,072 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$923/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,399
$493,875
2025
$51,339
$442,536
$493,875
No
Tax History
Year
Tax Paid
Assessed Value
2025
$8,399
$493,875
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Purchase Money Mortgage
$209,678
No
First
Jun 1, 2022
Jun 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,686
$341,314
63%
36%
$1,258/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$1,258/mo
+$42/mo
2.9%
