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$633,000

NAL Estimated Property Value

2216 Gulf Blvd # 203, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,167 Sq Ft
price_per_sqft$595.54 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDryer, Washer, Electric Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size1,673 sqft

Building Information

Year Built1979
Stories1

Land Information

APN67-1000-0000-2030-00
SubdivisionEdgewater Condominiums
Land UseResidential
Legal DescriptionUNT 203 EDGEWATER CONDOMINIUMS, 2.704 INT IN COM AREA
Census Tract012305
Assessed Land Value$111,255
Assessed Improvement Value$361,745
Assessment Year2025

About this property

Beachside escape! Just steps away from the shore, this retreat offers the soothing sound of endless waves from the comfort of your own balcony. As you walk in, your eyes immediately gravitate to the blue waters of South Padre Island. A cozy interior invites you to relax after basking in the warmth of the sun all day long. Each morning, you can greet the day with breathtaking sunrises over the horizon.

Investor Tools

Property Icon
$633,000
Estimated Property Value
$0Estimated Mortgage Balance
$633,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$934/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,044
$473,000
2025
$111,255
$361,745
$473,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,044
$473,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$633,000
100%
0%
$0/mo

City: SOUTH PADRE ISLAND