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$483,000

NAL Estimated Property Value

6201 PADRE BLVD. 110, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths980 Sq Ft
price_per_sqft$198.98 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1977
Stories1
Roof Type114

Land Information

APN67-7690-0030-1100-00
SubdivisionSouth Padre Marina Condominiums
Land UseReal Property Single Family
Legal DescriptionSO PADRE IS - SO PADRE MARINA PADRE BEACH EST BLK 4-5 APT-110 BLDG C
Census Tract012305
Assessed Improvement Value$306,722
Assessment Year2025

About this property

So nice put your boat in the water with the private boat ramp in this gated complex. It's a luxury to be able to dock your boat at your own deeded boat slip after a relaxing day on the water. You don't have to worry about a messy kitchen when you have a fish cleaning station right across from your boat slip. When you are in the living room you can easily check the weather by stepping onto the balcony. Feeling lazy? You can check the weather when you first wake up because there are doors to the balcony from the master bedroom. The master bedroom is so large you can easily have two queen size beds. Have a big family or want to invite you friends? The second bedroom can also fit two queen size beds. Have fun at the pool just outside your door! Price includes boat slip but may be sold without.

Investor Tools

Property Icon
$483,000
Estimated Property Value
$121,234Estimated Mortgage Balance
$361,766Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,898 /month
Positive
Cash Flow Estimate:
$966 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$636/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,216
$306,722
2025
N/A
$306,722
$306,722
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,216
$306,722

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$138,750
No
First
Nov 25, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,234
$361,766
74%
25%
$832/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$832/mo
+$468/mo
3.2%

City: SOUTH PADRE ISLAND

6201 PADRE BLVD. 110 | Property Details | No Agent List