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$199,000

NAL Estimated Property Value

401 ISLAND AVE. 66A, PORT ISABEL, TX, 78578

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths800 Sq Ft
price_per_sqft$124.88 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDryer, Washer, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,799 sqft

Building Information

Year Built1985
Stories1

Land Information

APN47-6000-0080-0602-00
SubdivisionOyster Cove Condos 1
Land UseResidential
Legal DescriptionOYSTER COVE CONDOS I UNIT 60-B BLDG H & BOAT SLIP #36, 2.31343% INT IN COM AREA
Census Tract012304
Assessed Land Value$50,308
Assessed Improvement Value$164,552
Assessment Year2025

About this property

Light & cheerfu, furnished 2 bdrm condo on channel. Well-maintained & nicely finished w/wood kitchen cabinetry & tasteful decor. A fisherman's dream w/DEEDED boat slip right off the back. Lease out or simply keep as your perfect getaway place to relax. Enjoy fabulous tropical breezes from the private balcony, or lounge by the sparkling pool & hot tub. Community also provides gated entry, assigned covered parking & additional parking for trailers, etc. All this, with convenient shopping and restaurants close by and island activities only minutes away! This is AFFORDABILE waterfront!

Investor Tools

Property Icon
$199,000
Estimated Property Value
$75,382Estimated Mortgage Balance
$123,618Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,625
$140,040
2025
$50,308
$164,552
$214,860
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,625
$140,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal United Mortgage Llc
Conventional
$84,000
No
First
Dec 24, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,382
$123,618
62%
38%
$504/mo

City: PORT ISABEL

401 ISLAND AVE. 66A | Property Details | No Agent List