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$308,540

NAL Estimated Property Value

3200 PADRE BLVD. N/A, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths2,688 Sq Ft
Year BuiltBuilt in 1979

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile

Exterior

Lot Size7,693 sqft

Building Information

Year Built1985
Stories2
Roof Type114

Land Information

APN67-6400-0760-0380-00
Lot Number38
SubdivisionPadre Beach Subdivision
Land UseCommercial
Legal DescriptionSO PADRE IS - PADRE BEACH SECTION VI LOT 38 BLK 76
Census Tract012305
Assessed Land Value$215,443
Assessed Improvement Value$93,097
Assessment Year2025

About this property

PRICED REDUCED EVEN MORE - SOLD AS IS!! The Austin Building, two-story, with Buyer renovation/remodeling could make an idea office building, medical, restaurant, retail just to mention a few. First floor has lobby; three (3) individual offices; one (1) large L-shaped office area that can handled multiple desks; coffee/sink bar; Men's/Women's restrooms; storm windows East side; five (5) front parking spaces. Second floor has separate entrance into one (1) large area that can handle multiple desks; frive (5) individual offices; coffee/sink bar; Men's/Women's restrooms; six (6) rear parking spaces. In addition there are Hurricane metal panels for windows and large three (3) panel sign fronting Padre Blvd. Check out the potential!!

Investor Tools

Property Icon
$308,540
Estimated Property Value
$1,262,087Estimated Mortgage Balance
$308,540Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,851 /month
Positive
Cash Flow Estimate:
$617 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,247
$308,540
2025
$215,443
$93,097
$308,540
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,247
$308,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Bank
Stand Alone Second / Subordinate Position
$1,390,000
No
First
Jun 1, 2021
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,262,087
N/A
0%
409%
$8,334/mo

City: SOUTH PADRE ISLAND

3200 PADRE BLVD. N/A | Property Details | No Agent List