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$491,000

2500 GULF 108, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,149 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$200.09 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size1,542 sqft

Building Information

Year Built1972
Stories1

Land Information

APN67-5300-0010-2120-00
Lot Number6-8
SubdivisionLa Concha Condominiums
Land UseResidential
Legal DescriptionSO PADRE IS- LA CONCHA COND P B SE C IV LTS 6TO8&S1/2 5 BK 41 APT-212 BLDG A
Census Tract012305
Assessed Land Value$102,410
Assessed Improvement Value$339,406
Assessment Year2025

About this property

Pristine ground floor unit in this Beachfront complex. This unit has been completely renovated down to the insides of the walls, all new insulation and every wall is new. This unit was 2 bedroom and is now a 3 bedroom. 90 day or more rentals only.

Investor Tools

Property Icon
$491,000
Estimated Property Value
$0Estimated Mortgage Balance
$491,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,946 /month
Positive
Cash Flow Estimate:
$982 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$831/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,513
$441,816
2025
$102,410
$339,406
$441,816
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,513
$441,816

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$491,000
100%
0%
$0/mo

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.

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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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2500 GULF 108 | Property Details | No Agent List