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$575,000

227 W Morningside Dr # B222, South Padre Island, TX, 78597

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,260 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$456.35 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2,444 sqft

Building Information

Year Built1977
Stories1
Roof Type114

Land Information

APN67-5700-0020-2220-00
SubdivisionLas Brisas Condominiums
Land UseResidential
Legal DescriptionSO PADRE IS- LAS BRISAS COND F ISLES L 8TO14 B 181&L1-2 B 182 UNIT B-222
Census Tract012305
Assessed Land Value$94,657
Assessed Improvement Value$269,878
Assessment Year2025

About this property

Fully remodeled, fully furnished, and directly on the bay! Welcome to 227 W. Morningside Drive #B222 at Las Brisas Condominiums in South Padre Island. This 2-bedroom, 2.5-bathroom bay front condo offers 1,260 square feet & beautiful Laguna Madre views.Renovated in 2022, the unit features new flooring, interior paint, A/C, hurricane-resistant windows and sliding doors, and updated bathrooms with new showers, toilets, fixtures, and finishes. Additional upgrades include custom closets, built-in bunk beds, & a custom entertainment center with living-room cabinetry.The updated kitchen offers white cabinetry, quartz countertops, a large island, stainless steel appliances, and a wine refrigerator. The washer & dryer are also included.Enjoy bay views & SPI sunsets from 2 private balconies. Las Brisas offers a community pool, tennis court, and docks. Sold fully furnished and move-in ready, this condo is ideal as a vacation home, investment property, or island residence.

Investor Tools

$0Estimated Mortgage Balance
$514,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Joy Hartung

Furcron Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$731/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,199
$364,535
2025
$94,657
$269,878
$364,535
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,199
$364,535

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$554,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
N/A
+$1,300/mo
3.0%

City: South Padre Island

227 W Morningside Dr # B222 | Property Details | No Agent List