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$825,000

$855,000

6300 Padre Blvd # 606, SOUTH PADRE ISLAND, TX, 78597

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths1,815 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$454.55 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDryer, Washer, Electric Water Heater
FlooringTile

Exterior

Exterior FeaturesBalcony
Lot Size1,468 sqft

Building Information

Year Built1975
Stories1
Roof Type114

Land Information

APN67-0361-0000-0606-00
SubdivisionSolare Condominiums
Land UseResidential
Legal DescriptionSOLARE CONDOMINIUMS UNT 606 PLUS 1.4146 % INT IN COM AREA (2025' 4TH AMEND DEC DOC 2024-28124 FILED 08/09/2024)(2012 CONDO DE
Census Tract012305
Assessed Land Value$52,992
Assessed Improvement Value$665,107
Assessment Year2025

About this property

Beautiful condominium located in one of the most desirable complexes in South Padre Island. This 3 bedroom property features an extensive common area that is perfect for entertaining family and friends. All areas have been renovated and new furniture and electronics have been added in the last 12 months. The unit has a strong rental history with gross rental income surpassing $65K in 2025. The Bahia Mar / Solare complex features two over-sized pools, outdoor grilling areas, two tennis courts, beach-front sunbathing deck , amongst other fantastic amenities. This would be the perfect choice for someone looking for a top of the line SPI vacation home with significant income potential.

Investor Tools

Property Icon
$832,000
Estimated Property Value
$480,000Estimated Mortgage Balance
$377,629Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,992 /month
Positive
Cash Flow Estimate:
$1,664 /month

Interested in this property?

Danya Contreras Diaz

Pinnacle Realty Advisors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,212
$718,099
2025
$52,992
$665,107
$718,099
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,212
$718,099

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Commercial
$480,000
No
First
Aug 25, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,371
$377,629
45%
55%
$2,878/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
$2,878/mo
$-1,198/mo
2.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: SOUTH PADRE ISLAND

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6300 Padre Blvd # 606 | Property Details | No Agent List