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$393,000

NAL Estimated Property Value

308 Morningside Dr # 306, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,023 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$154.35 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size967 sqft

Building Information

Year Built1981
Stories1

Land Information

APN67-7910-0030-0306-00
Lot Number1,S
SubdivisionSurfside 2 Condominiums
Land UseResidential
Legal DescriptionSO PADRE IS - SURFSIDE II CONDO FIESTA ISLES UNIT-306 G LOTS 1, 2 & 11 BLK 188
Census Tract012305
Assessed Land Value$37,257
Assessed Improvement Value$251,774
Assessment Year2025

About this property

REDUCED! Freshly painted trim and a new front door! This corner unit condo is updated and has lots of privacy since it is on the end! It has an extra window to let in lots of natural light. Just steps from beach. Ocean views from your condo and balcony. Condo comes fully furnished , all appliances & washer/dryer convey. New dishwasher and A/C 1 year old. Granite countertops & tile floor throughout. New windows. Pool, lots of green space for BBQ's. Large tiled balcony. This has great rental potential.

Investor Tools

Property Icon
$393,000
Estimated Property Value
$0Estimated Mortgage Balance
$393,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,358 /month
Positive
Cash Flow Estimate:
$786 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,779
$207,427
2025
$37,257
$251,774
$289,031
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,779
$207,427

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$393,000
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.

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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308 Morningside Dr # 306 | Property Details | No Agent List