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$362,000

NAL Estimated Property Value

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

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,126 Sq Ft
price_per_sqft$158.08 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
AppliancesDryer, Washer, Electric Water Heater

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,690 sqft

Building Information

Year Built2000
Stories1

Land Information

APN67-8040-0020-0041-00
SubdivisionThe Dolphins Condominiums
Land UseResidential
Legal DescriptionTHE DOLPHINS UNIT B-41 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

Incredible island opportunity for turnkey property just across from beach access. Featured on HGTV's Island Life, its tastefully decorated interiors provide tropical atmosphere & ample room. 2 private bdrms, each with vaulted ceilings, balcony, a king bed and private bath. Additional bonus area is currently used as 3rd sleeping area w/ twin beds. This provides greater income potential. Ideal location close to pool w/ back patio to grassy area. Plus, only a short walking distance to the ever-popular Boomerang Billy's beachfront bar and grill and entertainment district. Unit has proven rental history. Don't hesitate on this one, or it'll be gone!

Investor Tools

Property Icon
$362,000
Estimated Property Value
$532,102Estimated Mortgage Balance
$362,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$638/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
Lower Llc
Unknown
$270,000
No
First
Jun 16, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$532,102
N/A
0%
147%
$3,238/mo

City: SOUTH PADRE ISLAND

3101 GULF BLVD. | Property Details | No Agent List