$189,000
NAL Estimated Property Value310 S Manautou St, PORT ISABEL, TX, 78578
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size5,998 sqft
Building Information
Year Built1961
Stories1
Roof Type114
Land Information
APN47-0000-0360-0070-00
Lot Number7
SubdivisionPort Isabel Original Townsite (Vol 7 Pg
Land UseResidential
Legal DescriptionLOT 7 & 7A BLK 36 PORT ISABEL ORIGINAL TOWNSITE (VOL 7 PG 23 MRCC)
Census Tract012304
Assessed Land Value$49,800
Assessed Improvement Value$35,613
Assessment Year2025
About this property
This wood frame, corner lot home, is in a great location for investors looking for a fixer upper. Its just minutes to the Laguna Madre causeway, the dolphin watch cruises, the longest fishing pier in Texas and the local shops and eateries. This is a fantastic investment opportunity. Home will be sold As Is. Port Isabel is just off the causeway to South Padre Island where you have a host of activity options including paddle boarding, jet skiing, surfing to name a few. Contact your local agent for a showing appointment.
Investor Tools
$189,000
Estimated Property Value
$95,144Estimated Mortgage Balance
$93,856Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,904
$85,413
2025
$49,800
$35,613
$85,413
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,904
$85,413
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rio Bank
Commercial
$100,000
No
First
Aug 3, 2023
Aug 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,144
$93,856
49%
50%
$600/mo
