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$451,902

NAL Estimated Property Value

6300 Padre Blvd 901, South Padre Island, TX, 78597

$587,473 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,815 Sq Ft
price_per_sqft$495.32 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Dryer, Refrigerator, Range, Cooktop, Washer

Exterior

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

Wake up to the sight of the rising sun over the Gulf on this beach view condo in South Padre Island. Spacious social areas and comfortable sleeping accommodations definitely enhance the experience of staying in this condo. Ample space to socialize and unwind adds a special touch to the vacation experience in this unit. Comfortable sleeping arrangements ensure everyone gets a good night's rest after a day of beach activities. Summer is here and you have the opportunity to enjoy the fantastic setting this condo affords.

Investor Tools

Property Icon
$451,902
Estimated Property Value
$151,263Estimated Mortgage Balance
$300,639Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$587,473
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$829/month
$2,563/month
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
$151,263
$300,639
66%
33%
$886/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,020/mo
$3,449/mo
$-2,429/mo
2.7%

City: South Padre Island

6300 Padre Blvd 901 | Property Details | No Agent List