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$1,394,329

2406 Gulf Blvd, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths2,860 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$332.13 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.5Bathrooms Full 4.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,874 sqft

Building Information

Year Built1996
Stories2
Roof Type114
Garage Spaces2

Land Information

APN67-6400-0340-0031-00
Lot Number3
SubdivisionPadre Beach Subdivision
Land UseResidential
Legal DescriptionLOT 3-A BLK 34 PADRE BEACH SUBDIVISION SECTION IV
Census Tract012305
Assessed Land Value$665,625
Assessed Improvement Value$728,704
Assessment Year2025

About this property

Incredible, beautiful beachfront 4 bedrooms, 4.5 baths town home. Gated entry, double garage with workshop area downstairs, includes 3 of the bedrooms and 3 bathrooms with patio off the front bedroom where you can walk straight down to the beach. W/D on 1st floor. Lots of storage! Elevator to get you to the 2nd story where you will have a spectacular view of the Gulf of Mexico with a large open space for the kitchen, living, dining room and wet bar! Large master bedroom/bath upstairs with carpet in all bedrooms. The rest of the house has wood floors. Electric hurricane shutters throughout. Walk in closets, 2 a/cs, security system. Must see to appreciate! Easy to show!

Investor Tools

Property Icon
$1,394,329
Estimated Property Value
$0Estimated Mortgage Balance
$1,394,329Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,366 /month
Positive
Cash Flow Estimate:
$2,789 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,557/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,712
$1,394,329
2025
$665,625
$728,704
$1,394,329
No

Tax History

Year
Tax Paid
Assessed Value
2025
$23,712
$1,394,329

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,394,329
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,900/mo
N/A
+$1,900/mo
1.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: SOUTH PADRE ISLAND

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2406 Gulf Blvd | Property Details | No Agent List