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$195,000

NAL Estimated Property Value

401 ISLAND AVE. 65B, PORT ISABEL, TX, 78578

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths800 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$223.75 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1

Exterior

Lot Size1,773 sqft

Building Information

Year Built1985
Stories1

Land Information

APN47-6000-0070-0592-00
SubdivisionOyster Cove Condos 1
Land UseReal Property Single Family - Condo
Legal DescriptionOYSTER COVE CONDOS I UNIT 59-B BLDG G & BOAT SLIP #59-B, 2.28018% INT IN COM AREA
Census Tract012304
Assessed Land Value$49,628
Assessed Improvement Value$95,872
Assessment Year2025

About this property

Discover coastal living in this well-kept 2-bedroom, 1-bath loft style condo located in the peaceful gated community of Oyster Cove in Port Isabel. This property offers a bright, open-concept layout, spacious kitchen, and private outdoor space perfect for relaxing or entertaining. The highlight: a deeded boat slip just steps away, offering direct access to the Laguna Madre and Gulf waters. Community amenities include a large swimming pool, fishing pier, and beautifully maintained grounds. Just minutes from South Padre Island, dining, and shopping. Whether you're seeking a weekend getaway or full-time home, this move-in-ready gem delivers the best of the Texas coast.

Investor Tools

Property Icon
$195,000
Estimated Property Value
$0Estimated Mortgage Balance
$195,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,983
$133,840
2025
$49,628
$95,872
$145,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,983
$133,840

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$195,000
100%
0%
$0/mo

City: PORT ISABEL

401 ISLAND AVE. 65B | Property Details | No Agent List