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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
Condos / TownhousesCondos / Townhouses
price_per_sqft$158.08 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3

Exterior

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
$0Estimated 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

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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3101 GULF BLVD. | Property Details | No Agent List