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$463,000

NAL Estimated Property Value

617 S Marina Dr, PORT ISABEL, TX, 78578

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,630 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.06 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,499 sqft

Building Information

Year Built1979
Stories1
Roof Type114
Garage Spaces2

Land Information

APN47-6700-0900-0210-00
Lot Number21
SubdivisionPort-O-Call Estates
Land UseResidential
Legal DescriptionPORT ISABEL - PORT-O-CALL ESTATES LOT 21 BLK 90
Census Tract012304
Assessed Land Value$122,357
Assessed Improvement Value$341,265
Assessment Year2025

About this property

Across the Causeway from South Padre Island & Fantastic for Boaters! Easy access to Laguna Madre and South Bay. 65 ft of seawall and a dredged channel maintained at 6 feet deep at low tide by the HOA. This 3 bedroom, 3 bath home has lots of character! The Captain Quarters (1 BR, LR, & full bath) is downstairs with a separate entrance. Upstairs is the main home with two additional bedrooms, two renovated baths, new vanities, and master shower, and a loft that sleeps two. The electrical has been updated with beautiful new fixtures. The kitchen cabinets, entrance, loft and Captain Quarters have been freshly painted. The main floor, entrance and loft have a new carpet. The HOA fee is $225 per year. Oversized garage. Although not currently rented, there is great potential for rental income.

Investor Tools

Property Icon
$463,000
Estimated Property Value
$230,609Estimated Mortgage Balance
$232,391Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,778 /month
Positive
Cash Flow Estimate:
$926 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,582
$357,573
2025
$122,357
$341,265
$463,622
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,582
$357,573

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$258,000
No
First
Oct 13, 2020
Sep 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,609
$232,391
50%
50%
$1,547/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,156/mo
$1,547/mo
$-391/mo
3.0%

City: PORT ISABEL

617 S Marina Dr | Property Details | No Agent List