$491,000
NAL Estimated Property Value2500 GULF 108, SOUTH PADRE ISLAND, TX, 78597
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesIce Maker, Electric Water Heater
FlooringCarpet, Tile
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
$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
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
