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$950,000

5705 Laguna Cir S # 1, South Padre Island, TX, 78597

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths1,387 Sq Ft
price_per_sqft$684.93 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesElectric Water Heater, Smooth Electric Cooktop, Dishwasher, Dryer, Microwave, Convection Oven, Refrigerator, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, BBQ Pit/Grill, Dock
Lot Size2,975 sqft

Building Information

Year Built1977
Stories2
Garage Spaces1

Land Information

APN67-1613-0000-0010-00
SubdivisionLaguna Blu Condominiums
Land UseReal Property Single Family - Condo
Legal DescriptionLAGUNA BLU CONDOMINIUMS UNT 1 PLUS 25.0000 % INT IN COM AREA (2024 CONDO DEC DOC#2023-23224 CCDR FILED 06/30/2023)
Census Tract012305
Assessed Land Value$178,380
Assessed Improvement Value$406,669
Assessment Year2025

About this property

A Texas Sunset Extravaganza! This 2023 -reconstructed, furnished 4 bedroom 3.5 bath at Laguna Blu is truly spectacular! Rebuilt from the studs with permitted expansion — quality new construction with designer finishes curated to romance the water. Wake to open bay. Coffee on the deck at sunrise as spray foam insulation and two ultra-efficient Daikin systems keep the interior cool and quiet — bills average just $150 a month. Every principal room frames South Padre Island bay views. A custom walnut backsplash ties beautifully to walnut stairs, rail, and exposed beam, inviting you to slow down and stay. Whole-house water filtration and softener, air-conditioned storage. Wine on the deck at sunset. One of only four residences in a private boutique enclave. Extraordinary extended common areas — waterside deck, heated pool, jacuzzi. Deeded boat slip beyond the door. Owner-occupied community. Come feel it — schedule your private showing today.

Investor Tools

$522,994Estimated Mortgage Balance
$52,854Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Myra Caridad García

The Agency Austin, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,052/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,753
$573,508
2025
$178,380
$406,669
$585,049
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,753
$573,508

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vantage Bank Texas
Conventional
$540,000
No
First
Aug 31, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$522,994
$62,006
10%
91%
$3,414/mo

City: South Padre Island