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$188,000

NAL Estimated Property Value

41 S Indian Lake Dr, TX, 78566

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,424 Sq Ft
price_per_sqft$84.27 / sqft
Year BuiltBuilt in 1982

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Electric Water Heater
FlooringCarpet, Tile

Building Information

Year Built1982
Stories1
Roof Type114
Garage Spaces1

Land Information

APN28-0000-0000-2220-01
Lot Number222,225
SubdivisionIndian Lake Subdivision
Land UseResidential
Legal DescriptionINDIAN LAKE SUBDIVISION LOT 222-225 BLDG ONLY
Census Tract012201
Assessed Improvement Value$87,990
Assessment Year2025

About this property

Welcome to your dream retreat just a stone's throw away from the pristine shores of South Padre Island and the cutting-edge innovations of SpaceX. This beautiful 2-bedroom, 2-bathroom modular home offers the perfect blend of modern comfort, convenience, and coastal charm. Need extra space? The home includes an office space perfect for remote work or study, as well as a versatile bonus room that can easily serve as an additional bedroom or entertainment area. Enjoy the mild coastal climate from the comfort of your own screened patio, ideal for relaxing after a day of exploration. With a detached garage and bonus shed, you'll have plenty of room to store vehicles, outdoor gear, and more. It is situated on 4 spacious lots, and this property offers plenty of room for outdoor activities, gardening, or even expansion. Don't miss out on this exceptional opportunity to own a slice of paradise just minutes from South Padre Island and the forefront of space exploration. Being sold "AS-IS"

Investor Tools

Property Icon
$188,000
Estimated Property Value
$0Estimated Mortgage Balance
$188,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,128 /month
Positive
Cash Flow Estimate:
$376 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$248/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,040
$87,990
2025
N/A
$87,990
$87,990
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,040
$87,990

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$188,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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: INDIAN LAKE

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41 S Indian Lake Dr | Property Details | No Agent List