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$451,902

NAL Estimated Property Value

6300 PADRE BLVD. 1203, SOUTH PADRE ISLAND, TX, 78597

$587,473 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths2,930 Sq Ft
price_per_sqft$409.56 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
AppliancesDryer, Washer, Electric Water Heater
FlooringTile

Exterior

Exterior FeaturesBalcony
Lot Size858 sqft

Building Information

Year Built1975
Stories1
Roof Type114

Land Information

APN67-0361-0000-0704-00
SubdivisionSolare Condominiums
Land UseResidential
Legal DescriptionSOLARE CONDOMINIUMS UNT 704 PLUS 0.8262 % INT IN COM AREA (2025' 4TH AMEND DEC DOC 2024-28124 FILED 08/09/2024)(2012 CONDO DE
Census Tract012305
Assessed Land Value$30,924
Assessed Improvement Value$420,978
Assessment Year2025

About this property

Discover a unique and rare penthouse-level condo that offers unparalleled luxury and exclusivity. Featuring a split-level design, this condo is perfectly suited to accommodate a large family with ease and comfort. Adorned with exquisite furniture and accessories, this condo offers a touch of elegance and sophistication throughout its ample spaces.

Investor Tools

Property Icon
$451,902
Estimated Property Value
$151,518Estimated Mortgage Balance
$300,384Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$587,473
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$829/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,685
$451,902
2025
$30,924
$420,978
$451,902
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,685
$451,902

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldwater Bank Na
Conventional
$165,000
No
First
Apr 13, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,518
$300,384
66%
34%
$886/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,020/mo
$886/mo
+$134/mo
2.7%

City: SOUTH PADRE ISLAND

6300 PADRE BLVD. 1203 | Property Details | No Agent List