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$392,000

NAL Estimated Property Value

308 E MORNINGSIDE DR. 201, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,023 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$296.19 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2

Exterior

Lot Size967 sqft

Building Information

Year Built1981
Stories1
Roof Type114

Land Information

APN67-7910-0030-0301-00
Lot Number1,S
SubdivisionSurfside 2 Condominiums
Land UseReal Property Single Family - Condo
Legal DescriptionSO PADRE IS - SURFSIDE II CONDO FIESTA ISLES UNIT 301-E LOTS 1,2 & 11 BLK 188
Census Tract012305
Assessed Land Value$37,257
Assessed Improvement Value$251,774
Assessment Year2025

About this property

Surfside II offers a great location at a great price! This condo is selling completely furnished, ready for you to move right in and start enjoying the beach life. Two bedrooms and two baths provide plenty of room for you and your guests. Each bedroom has an ensuite bath and a spacious closet. In-unit laundry room with shelving and ample storage for all of your beach toys. Spacious balcony overlooks the pool and BBQ area. New: roof, washer/dryer, water heater, furniture. Convenient beach access right across the street. Condo is approximately 140 yards from the sand. Surfside II amenities include pool, hot tub, BBQ area. Don't let this one get away!

Investor Tools

Property Icon
$392,000
Estimated Property Value
$0Estimated Mortgage Balance
$392,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,352 /month
Positive
Cash Flow Estimate:
$784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,915
$289,031
2025
$37,257
$251,774
$289,031
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,915
$289,031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$392,000
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
4.0%

City: SOUTH PADRE ISLAND

308 E MORNINGSIDE DR. 201 | Property Details | No Agent List