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$1,188,000

NAL Estimated Property Value

708 Padre Blvd # 1202, SOUTH PADRE ISLAND, TX, 78597

Recently SoldInfo
8/18/26
Beds3 Beds
Baths3 Bath
Baths1,608 Sq Ft
price_per_sqft$746.27 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
AppliancesDryer, Washer, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,864 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN67-2000-0020-1202-00
SubdivisionFranke Plaza Condominiums
Land UseResidential
Legal DescriptionSO PADRE IS - FRANKE PLAZA CONDO 3.099AC TR-6-7-8PADRE BEACH AC APT 1202, 1.3823% INT IN COM AREA
Census Tract012305
Assessed Land Value$97,613
Assessed Improvement Value$452,740
Assessment Year2025

About this property

This cozy beachfront gem on the 12th floor with sweeping views from living ares and master bedroom. This fully furnished 3 bedroom and 3 bath condo offers the perfect blend of comfort and coastal living complete with a spacious balcony for sunrise coffee and sunset cocktails. Your slice of paradise !

Investor Tools

Property Icon
$1,188,000
Estimated Property Value
$740,955Estimated Mortgage Balance
$450,704Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
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
$1,275/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,359
$550,353
2025
$97,613
$452,740
$550,353
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,359
$550,353

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Commercial
$900,000
No
First
Nov 14, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$740,955
N/A
0%
62%
$5,396/mo

City: SOUTH PADRE ISLAND

708 Padre Blvd # 1202 | Property Details | No Agent List