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$338,000

NAL Estimated Property Value

217 Palm Blvd, LAGUNA VISTA, TX, 78578

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,515 Sq Ft
price_per_sqft$223.76 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Electric Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size13,199 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APN31-0000-5550-0010-00
Lot Number1
SubdivisionLaguna Vista Original Townsite (Vol 1 Pg
Land UseResidential
Legal DescriptionLAGUNA VISTA - ORIG TOWNSITE ADJ 30 OF VAC 3RD ST & LOT 1 BLK 555
Census Tract012301
Assessed Land Value$64,020
Assessed Improvement Value$254,922
Assessment Year2025

About this property

Virtual Tours - bit.ly/217palm Picture yourself in this 3-bedroom home on a 80' x 165' lot, relaxing in your own heated pool! Spacious open concept living/dining. Kitchen features granite counters, glass tile backsplash, stainless steel appliances, plenty of cabinet space. Main bedroom has ensuite bath & walk-in closet. Guest bedrooms have large closets w/ built-in shelving. Guest bath is accessible from the living & both guest bedrooms. Fully fenced yard. Recent improvements include: new water heater, heated pool, new roof, garage door opener. Nearby amenities include Roloff Park, Laguna Vista Library, and Laguna Vista Walking Trail. All just minutes away from the sandy beaches of South Padre Island.

Investor Tools

Property Icon
$338,000
Estimated Property Value
$71,358Estimated Mortgage Balance
$266,642Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,036
$318,942
2025
$64,020
$254,922
$318,942
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,036
$318,942

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Les Elkins
Non-Purchase Money Mortgage / Home Equity
$75,000
No
First
Aug 8, 2023
Aug 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,358
$266,642
78%
21%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,156/mo
$450/mo
+$706/mo
4.1%

City: LAGUNA VISTA

217 Palm Blvd | Property Details | No Agent List