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$432,000

NAL Estimated Property Value

227 W MORNINGSIDE DR. 107, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths818 Sq Ft
price_per_sqft$183.25 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesIce Maker, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size1,586 sqft

Building Information

Year Built1977
Stories1

Land Information

APN67-5700-0030-1090-00
SubdivisionLas Brisas Condominiums
Land UseResidential
Legal DescriptionSO PADRE IS- LAS BRISAS COND F ISLES L 8TO14 B 181&L1-2 B 182 UNIT C-109
Census Tract012305
Assessed Land Value$61,455
Assessed Improvement Value$179,285
Assessment Year2025

About this property

Nice poolside gound floor condo in a bayfront complex. Many amenities including large updated swimming pool, tennis court, 2 lighted fishing piers, boat docks and laundry room with new equipment. Onsite rental office and onsite manager. A fisherman's dream complex. The wind surfers love it here too, they can launch right off the docks. One designated covered parking space. Come take a look.

Investor Tools

Property Icon
$432,000
Estimated Property Value
$44,234Estimated Mortgage Balance
$387,766Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,592 /month
Positive
Cash Flow Estimate:
$864 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,088
$181,561
2025
$61,455
$179,285
$240,740
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,088
$181,561

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Abn Amro Mortgage Group Inc
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$100,000
No
First
Jul 20, 2005
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,234
$387,766
89%
10%
$0/mo

City: SOUTH PADRE ISLAND

227 W MORNINGSIDE DR. 107 | Property Details | No Agent List