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$478,000

NAL Estimated Property Value

600 PADRE BLVD. 2409, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,055 Sq Ft
price_per_sqft$374.41 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater
FlooringTile

Exterior

Exterior FeaturesBalcony
Lot Size2,435 sqft

Building Information

Year Built1977
Stories1

Land Information

APN67-5200-0010-2030-00
SubdivisionIsla De Sol Condominiums
Land UseReal Property Single Family
Legal DescriptionSO PADRE IS- ISLA DEL SOL COND PAD RE BEACH ACRES PT TRS 9-10 APT A-203, 2.2720% INT IN COM AREA
Census Tract012305
Assessed Land Value$142,902
Assessed Improvement Value$216,098
Assessment Year2025

About this property

This two-bedroom, two-bath condo is the premium unit in a private gated beachfront complex on South Padre Island. Situated on the south-facing fourth floor corner, this unit has a wrap-around balcony with breathtaking views of the beach and a refreshing southeasterly breeze. The kitchen is open to the great room, and the dining area can accommodate a table for eight. Features include a laundry room and access to the balcony from both the great room and the master bedroom. Complex amenities include a swimming pool, elevators, manicured grounds and private beach access.

Investor Tools

Property Icon
$478,000
Estimated Property Value
$125,332Estimated Mortgage Balance
$352,668Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,868 /month
Positive
Cash Flow Estimate:
$956 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$708/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,105
$359,000
2025
$142,902
$216,098
$359,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,105
$359,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldwater Bank Na
Conventional
$140,500
No
First
Sep 24, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,332
$352,668
73%
26%
$843/mo

City: SOUTH PADRE ISLAND

600 PADRE BLVD. 2409 | Property Details | No Agent List