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$1,061,734

NAL Estimated Property Value

6502 Fountain Way, SOUTH PADRE ISLAND, TX, 78597

$1,380,254 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,750 Sq Ft
price_per_sqft$133.33 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.5Bathrooms Full 4.5
Garage AvailableGarage Available
AppliancesDryer, Ice Maker, Washer, Water Softener
FlooringCarpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size3,750 sqft

Building Information

Year Built2004
Stories3
Roof Type114
Garage Spaces2

Land Information

APN67-6421-0030-0272-00
Lot Number27B
SubdivisionThe Villas Of South Padre Subd
Land UseResidential
Legal DescriptionTHE VILLAS OF SOUTH PADRE LOT 27B BLK 3 (CAB 1 SLOT 1886-A & B CCMR)
Census Tract012305
Assessed Land Value$236,063
Assessed Improvement Value$825,671
Assessment Year2025

About this property

Immaculate 4 bedroom, 4.5 bath home in prestigious gated, guarded private community on South Padre Island. Each bedroom has its own bathroom with a half bath downstairs. Master bath has jacuzzi tub. Large open area for living, kitchen and dining room. 3 stories with easy access to attic for storage. Shafts available for elevator. 2 car garage. Fenced. So close to the beach! Beautifully furnished.

Investor Tools

Property Icon
$1,061,734
Estimated Property Value
$334,514Estimated Mortgage Balance
$727,220Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,380,254
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,370 /month
Positive
Cash Flow Estimate:
$2,123 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,947/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,056
$1,061,734
2025
$236,063
$825,671
$1,061,734
No

Tax History

Year
Tax Paid
Assessed Value
2025
$18,056
$1,061,734

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$375,000
No
First
Sep 30, 2020
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,514
$727,220
68%
32%
$2,249/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,900/mo
$2,249/mo
$-349/mo
2.1%

City: SOUTH PADRE ISLAND

6502 Fountain Way | Property Details | No Agent List