$451,902
NAL Estimated Property Value6300 PADRE BLVD. 179, SOUTH PADRE ISLAND, TX, 78597
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
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
Remodeled unit a sought-after Bahia Mar Condominiums. Gorgeous kitchen and beautiful spaces - absolutely welcoming.
Investor Tools
$451,902
Estimated Property Value
$151,518Estimated Mortgage Balance
$300,384Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,660 /month
Positive
Cash Flow Estimate:
$1,220 /month
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%
