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$365,000

NAL Estimated Property Value

3101 GULF BLVD. 10, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,126 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$317.94 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,690 sqft

Building Information

Year Built2000
Stories1
Roof Type114

Land Information

APN67-8040-0020-0032-00
SubdivisionThe Dolphins Condominiums
Land UseResidential
Legal DescriptionTHE DOLPHINS UNIT B-32 BLDG B-2 (VOL 7600 PG 83 CONDO DEC)
Census Tract012305
Assessed Land Value$62,129
Assessed Improvement Value$281,852
Assessment Year2025

About this property

Vacation, Reside or Invest! Good location to enjoy your stay at The Dolphins Condominiums. New Clay Tile Roof (2025), First floor: Living, Dinning , Kitchen, laundry and 1/2 bath with a nice open concept. Second floor : 2 Bedrooms, 2 Bathrooms, Bonus area Between Bedrooms now being used as the third Bedroom. Swiming Pool & Showers at your Back door. Easy access to the Dumpter. The nearest access to the Beach is across the street and is named BLUE WATER CIRCLE ACCESS-9 with facilities like Disabled Friendly, Parking, Pets on LEASH, Trashcans, Restrooms, Beach watch Lifeguard and you will be able to have family activities like windsurfing/Kiteboarding. Water Heater less than a year. Hurricane Shutter (kitchen window) and storm panels for Severe Weather. Affordable Price! Good opportunity!

Investor Tools

Property Icon
$365,000
Estimated Property Value
$265,953Estimated Mortgage Balance
$99,047Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,850
$343,981
2025
$62,129
$281,852
$343,981
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,850
$343,981

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$288,000
No
First
Mar 14, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,953
$99,047
27%
73%
$1,727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$1,727/mo
$-427/mo
4.3%

City: SOUTH PADRE ISLAND

3101 GULF BLVD. 10 | Property Details | No Agent List